FNB Pay & Clear

[srothman]

Is the additional cost based on value, or is it a flat rate per transaction?

 

[adamr]

Is the additional cost based on value, or is it a flat rate per transaction?

Flat rate.. Whether it is R300k or R10

 

[ghostR]

Flat rate.. Whether it is R300k or R10

How much is the flat rate if I may ask?

 

[adamr]

R40

 

[SauRoNZA]

And you have to wonder why in the modern world it's required to pay a fee for this.

I mean it's not like the system is changing even in the slightest to accommodate this.

 

[ChocolateBadger]

And you have to wonder why in the modern world it's required to pay a fee for this.

I mean it's not like the system is changing even in the slightest to accommodate this.

Easy money maker

 

[SauRoNZA]

Easy money maker

Yup. It's just plain crazy.

 

[Nether]

Please take note, if you add a beneficiary, and pay for the first time on that beneficiary, the 'pay and clear' system won't work.

This is prevent fraud. (They don't want people to steal your money)

 

[Milano]

Licensed to steal.

 

[srothman]

Thanks for the replies.

So a once-off payment won't have a pay and clear option then if I understand you correctly?

And yes, it's actually a load of BS to have to pay extra for this.

 

[SpartanX]

And you have to wonder why in the modern world it's required to pay a fee for this.

I mean it's not like the system is changing even in the slightest to accommodate this.

I dont use it for exactly that same reason! I just download the POP and email it to my suppliers.
Seems like they dont charge anymore to send POP? At least via email.