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SAFEFUNDS FEE
SCHEDULE
Buyer’s Fees The
buyer's transaction fee is $0 at all
times. There is no charge to the buyer
for any of the Safefunds’ transaction services. Buyers deposit funds directly
into their own Safefunds accounts. Buyers do not send funds directly to
sellers. Deposits may be made by bank wire, electronic funds transfer, or paper
check. Seller’s
Fees The seller’s fee is $26.00 (U.S. dollars) per transaction. The
fee covers all Safefunds’ transaction services. There are no hidden transaction
charges. The fee includes all dispute resolution services if they are needed.
The transaction fee is charged on any transaction that is settled. Transactions
that are cancelled before final settlement are not subject to a fee. Unlike credit cards or other payment
services, this fee includes our transaction negotiation and management, payment
reservation and release, and any necessary dispute resolution services. SAFEFUNDS is the best security at the lowest cost. Other
optional fees In
Bound Bank Wire Transfer $10.00 (deposit by bank wire transfer)
Electronic Funds Transfer Out Bound $12.00 (withdrawal by EFT) International
Wire Transfer Out Bound $30.00 (withdrawal
by International Wire Transfer) In
and Out Fee $26.00 (In and Out is defined by a
member making a deposit in his/her Safefunds Account and withdrawing the amount
without participating in any transaction activity. This charge does not apply
when a transaction is cancelled or if the funds are left in the account more
than 60 days.) Returned
item charge $25.00 |