Settlement frequency
Daily with 3 days delay
| Transaction Day | Processing Day | Settling Day |
|
Monday |
Tuesday |
Thursday |
|
Tuesday |
Wednesday |
Friday |
|
Wednesday |
Thursday |
Monday |
|
Thursday |
Friday |
Monday |
|
Friday |
Monday |
Monday |
|
Saturday |
Monday |
Tuesday |
|
Sunday |
Monday |
Wednesday |
Daily with 7 days delay
| Transaction Day | Processing Day | Settling Day |
|
Monday |
Tuesday |
Next Tuesday |
|
Tuesday |
Wednesday |
Next Wednesday |
|
Wednesday |
Thursday |
Next Thursday |
|
Thursday |
Friday |
Next Friday |
|
Friday |
Monday |
Next Monday |
|
Saturday |
Monday |
Next Monday |
|
Sunday |
Monday |
Next Monday |
Weekly on Wednesday
| Transaction Day | Processing Day | Settling Day |
|
Monday |
Tuesday |
Wednesday next week |
|
Tuesday |
Wednesday |
Wednesday next week |
|
Wednesday |
Thursday |
Next Wednesday |
|
Thursday |
Friday |
Next Wednesday |
|
Friday |
Monday |
Next Wednesday |
|
Saturday |
Monday |
Next Wednesday |
|
Sunday |
Monday |
Next Wednesday |
Fixed Fees
| PCI Compliance Fee | 0 | GBP per month | |
| B-Online monthly Fee | 0 | GBP per month | |
| VbV/MC SecureCode Fee | 0 | GBP per month |
|
| Retrieval Fee | 0 | GBP per retrieval | |
| OCT/CFT | 2 | GBP per transaction | |
| Fraud Fee | 0 | GBP per fraud | |
| Currency Conversion Fee | 1,5% | ||
| TPP registration Fee | 0 | GBP + card schemes cost | |
| Arbitration Fee | 100 | GBP + card schemes cost | |
| Swift wire transfer Fee* | 7 | GBP per settlement | |
| High Risk Registration Fee | 100 | GBP per year + card schemes cost | |
| CMM Report Fee** | 50 | GBP + card schemes cost | |
| ECM Report Fee*** | 100 | GBP + card schemes cost |
*The Member and/or its bank will charge a SWIFT Fee for each SWIFT settlement
**CMM = Mastercard Chargeback Monitored Merchant
***ECM = Mastercard Excessive Chargeback Merchant
Minimum settlement amount
Settlement will not take place on the date calculated in accordance with the frequency of settlement if the Settlement Value at that time is less than or equal to GBP 10. The Settlement Date shall be postponed until the minimum settlement amount is reached.