Net1 Schedule of Charges and Fees
1. Administration charge for payment of monthly service fees by credit card or via paypal is 4% of the appropriate fee.
2. Administration charge for payment of annual service fee by cash is 1.5% of the appropriate fee.
3. Administration charge for late payment £22.50 (as in clause 3.5)
4. Administration charge for failure to pay £22.50 (as in clause 3.8.1)
5. Administration charge for further failure to pay £17.50 (as in clause 3.8.3)
6. Monthly compound interest on overdue accounts is 1.5% per month (as in clause 3.5)
7. Re-connection fee following continued payment failures £30.25 (inc. VAT)
8. Refunds required due to customer negligence or over payments (failing to cancel your standing order when requested) 10% handling charge with a £25 minimum charge.
9. Administration charge for retrieval of contracts or other documents from secure vault is £30