SAFEFUNDS Transaction Fee Schedule August 1, 2012.
(for our separate commercial paymaster service information
Custom quotations available for high value situations.
The buyer's regular transaction fee is $0 at all times. There
is no charge to the buyer for any of the Safefunds’ regular transaction
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.
** The only fee exception is a buyer's deposit securing
a transaction that depends on the buyer's performance (not the seller's)
and the transaction is meant to be cancelled
if the buyer performs. In this exception case, the Safefunds fee is
paid from the party that receives the funds at the end of the transaction.
The transaction fee is:
$38 for transactions less than $2,000.
$58 for transactions from $2,000 to $3,999.
$78 for transactions from $4,000 to $6,999.
$98 for transactions from $7,000 to $9,999.
$128 for transactions from $10,000 to $14,999.
$158 for transactions from $15,000 to $19,999.
$188 for transactions from $20,000 to $27,999.
$228 for transactions from $28,000 to $34,999.
$298 for transactions from $35,000 to $48,999.
$438 for transactions from $49,000 to $99,999.
$648 for transactions from $100,000 to $169,999.
$888 for transactions from $170,000 to $239,999.
$1188 for transactions from $240,000 to $299,999.
Additional amounts, $400 per $100K plateau.
The fee is deducted from the amount the seller receives.
you to compare our fee and our service with any other
payment company offering our level of protection and service.
Ask them how they resolve any disputes
between buyer and seller.
Our 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
Unlike credit cards or other payment services, this fee
includes our transaction negotiation and management,
payment reservation and release, and any necessary dispute
SAFEFUNDS is the best security at the lowest cost.
Other optional fees
In Bound Bank Wire Transfer $10.00 (deposit by bank wire
Electronic Funds Transfer Out Bound (USA) $12.00 (EFT withdrawal)
Wire Transfer Out Bound (Outside the USA) $45.00 (Wire withdrawal)
In and Out Fee - Transaction Fee Schedule applies (In and Out is defined by a member
making a deposit in his/her Safefunds Account and withdrawing
the amount without any transaction settlement.
This charge does not apply when a bonafide transaction in reserve is cancelled
or if the funds are left in the account more than 90
3rd Party Withdrawal- Transaction fee for the amount plus $35.00 (Funds are withdrawn by check, EFT, or
International Wire and sent to a party that is not the Safefunds account holder or
directly related to the Safefunds account holder. Recipient identity verification
and account relationship information may be required.)
Returned item charge inside USA $35.00
Returned item charge outside USA - Fee we incur plus $35.00
Stop Payment Fee on checks we issue to you. $35.00 (We suggest
members use our electronic options for withdrawals, as we cannot be responsible for
checks sent by mail that are late in arriving or are mis-delivered. If a payment
replacement is requested for a check, we must pay for a "stop payment".
This fee covers our cost for the stop payment service.)
3rd Party Deposit Verification $35.00 (Funds received from a
third party with no relationship to the Safefunds account
the funds are deposited into are subject to direct verification with the
depositor. This includes telephone and email contact. Funds may be withheld
from deposit until verification is complete.) 3rd Party sourced funds that are
withdrawn without being used in a Safefunds transaction are subject to transaction
charges based on the amount of the funds withdrawn.