Iyiebo™ Bank provider

PRODUCTS AND SERVICES TARIFF

Last Update: February 21, 2020

1. Additional Fees

Additional fees include those:

ACCOUNT MANAGEMENTTRANSACTION RATEACCOUNT TYPE
sms & email notification fee
Rwanda:Free
Burundi:Free
Congo (DRC):Free
All other countries: Email only
Personal: 28 Credit sms free
Business: 30 Credit sms free
Account opening feeFree
Personal: Personal details(you will have ID System)
Business: Business details(you will getting ID System)
Currency supported per account
Fee: Free
Number of Currencies: Unlimited
Currency Conversion rate:Allowed
Personal & Businesses
Account closure charge
Rwanda:RWF 9,000
Burundi:BIF 13,000
Congo (DRC):FC 10,000
South Africa:R130.00
All other countries:$ 11.00 USD
Personal & Businesses
Bank statement printed copy
Rwanda:RWF 950
Burundi:BIF 1900
Congo (DRC):FC 1700
South Africa:R14.00
All other countries:$ 1.00 USD
Personal & Businesses
Account balance certificate
Rwanda:RWF 13,000
Burundi:BIF 17,000
Congo (DRC):FC 14,000
South Africa:R140.00
All other countries:$ 15.00 USD
Personal & Businesses
Audit certification
Rwanda:RWF 49,000
Burundi:BIF 55,000
Congo (DRC);FC 52,000
South Africa;R700.00
All other countries:$ 55.00 USD
Personal & Businesses
Certificate of good standing
Rwanda:RWF 24,000
Burundi:BIF 28,000
Congo (DRC):FC 25,000
South Africa:R300.00
All other countries:$ 26.00 USD
Personal & Businesses
Certificate of undebtedness
Rwanda:RWF 59,000
Burundi:BIF 64,000
Congo (DRC):FC 62,000
South Africa:R800.00
All other countries:$ 54.00 USD
Personal & Businesses
T-bills/Bonds submission Retail
Rwanda:RWF 5000
Burundi:BIF 9000
Congo (DRC):FC 6000
South Africa:R100.00
All other countries:$ 8.00 USD
Personal & Businesses
T-bills/Bonds submission corporate /business
Rwanda:RWF 55,000
Burundi:BIF 65,000
Congo (DRC):FC 60,000
South Africa:R800.00
All other countries:$ 54.00 USD
Businesses

WIRE TRANSFERS (International)TRANSACTION RATEACCOUNT TYPE
Retail,Corporate,Businsesses
Rwanda:0,51%
Burundi:0,51%
Congo (DRC):0,51%
South Africa:0,51%
All other countries:0,56%
Business
Recalling fundsFree Business

RETAIL BANKINGTRANSACTION RATEACCOUNT TYPE
Annual management feeFreeBusiness
Monitoring fee FreeBusiness

CORPORATE & BUSINESS BANKINGTRANSACTION RATEACCOUNT TYPE
Annual management feefreeBusiness


A. Currency Conversion Fee;
B. Withdrawing your Balance Fee;
C. eCheck Fee;
D. Charge back Fee;
E. Credit Card and Debit Card Confirmation Fee;
F. Records Request Fee.

Warning About, Callback Bank/Credit Card Fees. Once you connect your Bank account,Credit and debit card to IPay, your bank and credit or debit card company may charge you fees for sending or receiving funds through IPay. As, you may be charged currency conversion amount, international transactions amount, or other fees including your transaction is domestic mode, and does not require a currency conversion. As Iyiebo Payment Parocessor, we are not liable for any fees charged to you by your bank, credit or debit card company based on your usage of IPay. If your transaction was made only through IPay to IPay Account you will gain some no charge in domestic mode.

1.Commercial Payments Account Fee

Include A payment for the sale of goods or services,payment that was sent to,received by,a business,other commercial or non-profit entity

IPay ServiceLocation/Country TypeCommercial Payments Fee
Receiving Commercial PaymentsAll African countriesRate in fees
African payments:Rate:3.2%
International payments:Rate:4.2%
Receiving Commercial PaymentsAll African countriesFixed Fees
All African countries:Fixed:$0.27 USD
International payments:Fixed:$0.35 USD
Receiving Commercial PaymentsAll Businesses from African countriesRate in fees
African payments:Rate:4.2%
All other countries::Rate:5.2%
Currency Conversion FeeAll Businesses from African countriesRate in fees
African payments:Rate:3.9%
All other countries::Rate:4.9%
Currency Conversion FeeAll Personal Account from African countriesRate in fees
African payments:Rate:2.9%
All other countries::Rate:3.9%
Withdrawing your Balance FeeAll African countriesRate in fees, Withdrawals you make to Rwanda,DRC,Burundi bank account.
African payments:Rate: Free
All other countries::Rate:2.50%
Withdrawing your Balance FeeAll Businesses from African countriesFixed fee,Withdrawals you make to your local bank account.
African payments:Fixed: Free for withdrawals of $1000 USD or higher and $2 USD per withdrawal for withdrawals less than $1000 USD
All other countries::Fixed: Free for withdrawals of $1000 USD or higher and $3 USD per withdrawal for withdrawals less than $1000 USD
Withdrawing your Balance FeeAll the countriesWithdrawals you make in USD to your USD Service by using bank account using a IPay partner bank withdrawal service.
Everwhere in the World: 2.4% of the withdrawal amount
eCheck Fee All African countries except Rwanda,DRC,BurundiRate in fees.
African payments:Fixed fee:$40.00 USD
All other International countries:Fixed fee:$45.00 USD
eCheck Fee For Rwanda,DRC,BurundiRate in fees.
CEPGL payments:Fixed fee:$20.00 USD
Charge back Fee All African countriesRate in fees.
African payments:Fixed fee:$1.85 USD
All other International countries:Fixed fee: $1.95 USD

2. A payment received after the Seller has used the "Remind Payment" button on IPay
CountryCurrencyIpay Charge Fees
Congo (DRC)Franc CongoleseFc 1700
RwandaFranc RwandaRwf 1700
BurundiFranc BurundiBf 2000
South AfricaZAR (RAND)R 25
No Listed CountryUSD Dollar$ 1.78

3. Asking Iyiebo payment to make payment at your behalf for digital goods (online Ticket,e-book and more..).
CountryCurrencyIpay Charge Fees
Congo (DRC)Franc CongoleseFc 1000
RwandaFranc RwandaRwf 1000
BurundiFranc BurundiBf 1600
South AfricaZAR (RAND)R 20
No Listed CountryUSD Dollar$ 1.5

4. Asking Iyiebo to verified for you, your destination identity before any transaction

CountryCurrencyIpay Charge Fees
Congo (DRC)Franc Congolesefc 5000
RwandaFranc RwandaRwf 3000
BurundiFranc BurundiBf 6000
South AfricaZAR (RAND)R53
No Listed CountryUSD Dollar$4


5. Personal Payments Fee

Iyiebo Personal Account Payments are payments to supplier is bills, friends or family members such as your share of the rent or a dinner bill.
IPay ServiceLocation/Country TypeCommercial Payments Fee
Sending or Receiving Domestic PaymentsAll African countriesRate in fees
African payments:Rate: Free
International payments except United States, Canada, Northern Europe, Europe:Rate:$1.98 USD
Sending or Receiving Domestic PaymentsUnited States, Canada, Northern Europe, Europe Fixed fees
Fixed payments:Fixed fee: 1.98 EUR
Sending or Receiving International PaymentsAll countriesRate in fees
African payments:Rate: 3.4%
International payments:Rate: 3.4%

6. Refund Fee

IPay ServiceLocation/Country TypeCommercial Payments Fee
IPay Refunding a Commercial Account PaymentAll countriesRate in fees
Global payments:If full refund we retain fixed fee of:$2.57 USD
If a partial refund we will retain the rate of : 2.57% once.