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SAFEFUNDS Transaction Fee Schedule.
The buyer's regular transaction fee is $0 on a completed transaction. Our transaction
fee is deducted from the seller's proceeds. **
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 (drawn on a U.S. bank).
** 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.
Seller’s Fees
The transaction fee is:
$38 for transactions less than $1,800.
$58 for transactions from $1,800 to $3,699.
$78 for transactions from $3,700 to $6,699.
$98 for transactions from $6,700 to $9,699.
$128 for transactions from $9,700 to $14,699.
$158 for transactions from $14,700 to $19,699.
$188 for transactions from $19,700 to $27,699.
$268 for transactions from $27,700 to $34,699.
$328 for transactions from $34,700 to $48,699.
$478 for transactions from $48,700 to $87,699.
$768 for transactions from $87,700 to $149,699.
$988 for transactions from $149,700 to $189,699.
$1288 for transactions from $189,700 to $299,999.
Additional amounts, $440 per $100K plateau.
The fee is deducted from the amount the seller receives.
Custom quotations available for high value situations.
We invite
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
settled.
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 $15.00 (deposit by bank wire
transfer)
Electronic Funds Transfer Out Bound (USA) $12.00 (EFT withdrawal)
Wire Transfer Out Bound $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.)
3rd Party Withdrawal- Paymaster Fee Applies. (Funds are withdrawn
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 $55.00
Returned item charge outside USA - Fee we incur plus $55.00
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 - Paymaster Fee Applies (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.
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