Fee structure

All accredited Payment Distribution Agents adhere to a regulated fee structure as published by the National Creditor Regulator

The fee structure are explained below :

1. All payment plans uploaded prior to June 2008

  • A fee of R5.00 for each payment between R1.00 and R200.00 distributed in respect of each credit agreement included in the consumer’s debt re-arrangement plan;
  • A fee of R10.00 for each payment between R201.00 and R500.00 distributed in respect of each credit agreement included in the consumer’s debt re-arrangement plan;
  • A fee of R30.00 for each payment above R501.00 distributed in respect of each credit agreement included in the consumer’s debt re-arrangement plan.

 2. All payment plans uploaded as from June 2008 to 31 January 2011

  • A fee of R7.00 for each payment between R1.00 and R200.00 distributed in respect of each credit agreement included in the consumer’s debt re-arrangement plan;
  • A fee of R15.00 for each payment between R201.00 and R500.00 distributed in respect of each credit agreement included in the consumer’s debt re-arrangement plan;
  • A fee of R25.00 for each payment above R501.00 distributed in respect of each credit agreement included in the consumer’s debt re-arrangement plan.

3.  All payment plans uploaded as from 1 February 2011

  • A fee of 3% of the distributable amount with a minimum floor of R50.00 and cap of R500.00
  • All the above excluded VAT