Membership Fees & BenefitsThere is a one off membership fee of £199.00 + VAT. This includes:
Transaction FeesAll sales and purchases carry a 5% transaction fee + VAT in cash (on the total transaction value), payable to Barterbank. This will be automatically calculated at the time of transaction and shown on your transaction fee statement within the My Barterbank section. All transaction fees must be paid by the end of month in which the transaction took place, failure to do so will result in your account being inoperative until the outstanding fees are paid. Cash FeesAny cash element of the purchase must be paid to the selling client directly. OverdraftAny client requiring an overdraft (credit line) with be asked to complete an application form and if a credit line is approved a 7.5% fee will be payable. This will then allow the credit line to remain for the term of membership. |
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