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PRODUCTS AND SERVICES TARIFF

Last Update: October 5, 2021

1. Additional Fees

Additional fees include those:

Iyiebo Pay Method:

1. Authorization (used by Merchand,Business Account,Organization)

Our charge fees is based on Domestic and Cross-border service. By domestic we mean country where Iyiebo Pay office are located. By Cross-border mean the location where we are not located but we have some affiliated company.

Platform Method Category Domestic rate Cross-border rate
Web & Mobile PoweredByBuyer
All 1.65 % + $0.10 1.65% + $0.10
Web & Mobile PoweredSeller
Merchant,Businesses 2.0% + $2.0 2.0% + $2.0
Web & Mobile Authorization Merchant,Businesses 2.1%+$2.1 2.5%+$2.4 + tax if any
Web & Mobile DoDirectDeposit All 1.65%+$0.165 2.5%+$2.1 + Tax if any
Web & Mobile Withdrawing All 1.65%+$0.10 2.5%+$2.5 + Tax if any
Web & Mobile Transfer Service All Free + Requirement $1 + Restriction if any

Buyer's processing cost is always cheaper like Amount X 1.65%+$0.10 , and all Iyiebo Pay chargeback cost are paid in USD or converted to usd from your local currency detected in your account.

ACCOUNT MANAGEMENT TRANSACTION RATE ACCOUNT TYPE
Account opening fee Free
You are except from first deposit in order to open you Bank account, but all your first loading you can do it from our local office near with you, or by accepting payment
Currency supported per account
Fee: Free
Number of Currencies: Unlimited
Currency Conversion rate: Allowed

Personal & Businesses or Merchand,

Unlimited currencies applied to Merchant account

Account closure charge
Rwanda: RWF 9,000
Burundi: BIF 13,000
Congo (DRC): FC 10,000
South Africa: R130.00
South Sudan: ssp6300
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
South Sudan: SSP600
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
South Sudan: SSP6700
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
South Sudan: SSP33000
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
South Sudan: SSP15000
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
South Sudan: SSP34000
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
South Sudan: SSP5000
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
South Sudan: SSP34000
All other countries: $ 54.00 USD
Businesses

WIRE TRANSFERS (International) TRANSACTION RATE ACCOUNT TYPE
Retail,Corporate,Businsesses
Rwanda: 0,51%
Burundi: 0,51%
Congo (DRC): 0,51%
South Africa: 0,51%
South Sudan: 0,51%
All other countries: 0,56%
Business
Recalling funds Free Business

RETAIL BANKING TRANSACTION RATE ACCOUNT TYPE
Annual management fee Free Business
Monitoring fee Free Business

CORPORATE & BUSINESS BANKING TRANSACTION RATE ACCOUNT TYPE
Annual management fee free Business

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

eCheck Fee All African countries except Rwanda,DRC,Burundi,South Sudan Rate in fees.

African payments: Fixed fee:$40.00 USD
All other International countries: Fixed fee:$45.00 USD

eCheck Fee For Rwanda,DRC,Burundi, South Sudan Rate in fees.

CEPGL payments: Fixed fee:$20.00 USD

Charge back Fee All African countries Rate 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 Iyiebo Pay

Country Currency Ipay Charge Fees
Congo (DRC) Franc Congolese Fc 1700
Rwanda Franc Rwanda Rwf 1700
Burundi Franc Burundi Bf 2000
South Africa ZAR (RAND) R 25
South Sudan SSP SSP600
No Listed Country USD Dollar $ 1.78


3. Asking Iyiebo Pay to make payment at your behalf for digital goods (online Ticket,e-book and more..).

Country Currency Ipay Charge Fees
Congo (DRC) Franc Congolese Fc 1000
Rwanda Franc Rwanda Rwf 1000
Burundi Franc Burundi Bf 1600
South Africa ZAR (RAND) R 20
South Sudan SSP SSP600
No Listed Country USD Dollar $ 1.5


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

Country Currency Ipay Charge Fees
Congo (DRC) Franc Congolese fc 5000
Rwanda Franc Rwanda Rwf 3000
Burundi Franc Burundi Bf 6000
South Africa ZAR (RAND) R53
South Sudan SSP SSP2000
No Listed Country USD 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.

6. Refund Fee

Iyiebo Pay Service Location/Country Type Commercial Payments Fee
Iyiebo Pay Refunding a Commercial Account Payment All countries Rate 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.
    607/277 Riverside Dr W, Windsor, ON,Canada, N9A 5K4.