Fees and Charges

Thank you for taking time to read more about our advanced international payment system. Please note that Fees and Charges are shown in Product Disclosure Statement of your account type. Technocash account types include Business and Personal Accounts.

You can see Product Disclosure Statement at www.technocash.com/pages/pds_products.cfm

Technocash fees are primarily transaction based. This means as you do money moving transaction activity the fees will be debited automatically according to your account type. This means you need to have sufficient funds in your account to complete the transaction.

Technocash generally has the confirmation procedure during transactions which shows any fees charged.

Multi Currency - Currency Exchange

The Currency exchange function will convert stored value in one currency to another. Technocash will provide a quoted exchange rate at the time of exchange. Technocash sets daily rates. The customer will be able to confirm their acceptance of the fees prior to pressing/clicking the confirm/submit button. You need to convert funds to the currency needed before you can do other banking or transfer functions that need that currency. With funds in a particular currency you can then transfer them or if available use the To_Bank functions applicable to that currency. For Business Accounts or Global FX AccountsTM a wire transfer can be initiated from any currency you have in your account.

Wire Transfers launched by TECHNOCASH

You can fill out as many payee details as needed. Store and keep many payees to make life simple and convenient. Use the Wire Transfer menu link to select a payee, amount and currency, then confirm your authorization and TECHNOCASH takes care of the rest. Acting to facilitate these wire transfers incurs our fees reflecting the Bank fees involved. Fees are applied to your account on a per transaction basis. Fees vary depending on many factors - such as amount, destination currency, and which bank we use. As always we inform you of the charges prior to you accepting the transaction.

Hint: Don't stand in line at the bank to wire money. Use TECHNOCASH.

Transferability

You can give TECHNOCASH stored value to others as it is intrinsically transferable like the use of cash and fees are generally lower than the corresponding wire transfer alternative.

Make Technocash Instant transfer a way to save.

Retailers

We offer to match your lowest major credit card transaction fees when we act as your collection service by collecting payments from you clients. If you don't have credit card processing already then just contact us to discuss your rate. As TECHNOCASH collects and reconciles funds via the bank system you do not have to worry about credit card issues, like charge backs, as funds arrive direct to your TECHNOCASH account. Please contact us to discuss our ability to bulk deposits for small or COLLECT LARGE AMOUNTS from thousands of clients. Even better we offer ways to send them small or large amounts.

Micro-Payments

For very small payments (generally business payments less than $8.95) credited to a customer's BillFold account, a Micro-Payment Fee may apply. These fees may vary between individual BillFold accounts or BillFold types and may be significant in that they may apply over and above standard loading fees or merchant fees for deposits and payments. For more information about Micro-Payment Fees that may apply to your BillFold account, please contact Technocash.

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