TradeSafe

Fee Schedule

TradeSafe’s fees can be paid by either the Buyer, the Seller, the Agent or split equally between the Buyer and the Seller or split equally between the Buyer, the Seller and the Agent.

Fees are calculated as a percentage of your Trade amount, use the table below to see what percentage will be charged for your Trade.

Note: If the escrow fee falls below R 100.00 then the escrow fee charged will be R 100.00. This is to cover administrative costs and banking charges.

From To Percentage
R 0.00 R 10,000.00 1.00%
R 10,001.00 R 100,000.00 0.75%
R 100,001.00 R 500,000.00 0.50%
R 500,001.00 R 1,000,000.00 0.30%
R 1,000,001.00 R 5,000,000.00 0.20%
R 5,000,001.00 R 10,000,000.00 0.15%
R 10,000,001.00 R 20,000,000.00 0.10%
R 20,000,001.00 R 1,000,000,000.00 0.08%

All transactions involving petroleum, diesel, biofuel, oil & gas, and low alloy steels such as ferrochrome (chrome), zinc, copper and manganese will incur a flat rate of 0.08% of the value of the transaction (i.e. R800 for every R1,000,000).

API (Integration) Costs — This is where we plug in and integrate with your website directly

TradeSafe’s fees can be paid by either the Buyer, the Seller, the Agent or split equally between the Buyer and the Seller or split equally between the Buyer, the Seller and the Agent.

Electronic Fund Transfer to the escrow account

The all-inclusive cost when using TradeSafe’s integration option is R20 + 1.5% of the value of the transaction. (The additional R20 fee is in respect of additional banking charges as TradeSafe will 95% of the time be releasing funds to two parties namely a) the seller and b) the agent/broker/marketplace simultaneously.) The all-inclusive fee will apply to all transactions where the underlying buyer has selected TradeSafe’s manual or instant EFT payment gateway as a method of payment to the escrow account.

For example, TV set valued at R17,500:

Base Charge – R20.00
EFT Charge – R262.50 (R17,500 * 1.5%)
Total Charge – R282.50

VISA | Mastercard payment to the escrow account

The all-inclusive cost when using TradeSafe’s integration option where payment is done via card (VISA or Mastercard) is R20 + 3.0% of the value of the transaction.

For example, TV set valued at R17,500:

Base Charge – R20.00
Credit Card Charge – R525.00 (R17,500 * 3.0%)
Total Charge – R545.00

International & Cross-Border Transactions

These are tricky, especially if a conversion in currency is required. Please contact us so that we can structure a competitive pricing structure for you. The cost will be the percentage (as shown in the rate table above) plus an additional 0.25% of the value of the transaction. (We reiterate that the fee can be split amongst the parties to make it more economical.)

Business partners with reoccurring transactions will receive preferential pricing and discounts. Contact us to learn more about our Affiliate program and API.

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