Monthly Fee | Your Zip Business Trade account has a monthly account keeping fee of $20. However, this is only charged when you have an outstanding balance at the end of the month. |
Invoice & Bpay processing fee | There is a 1.95% invoice and Bpay processing fee if you choose to pay using these methods. |
Late Fee |
If you do not pay the minimum payment each month, we may apply a late fee of $25 after 21 days. |
Dishonour Fee | A bank dishonour fee may be applied if a scheduled payment was rejected/ dishonoured by the bank due to insufficient funds or incorrect bank account details. This charge covers the costs incurred by our bank. |
Fees we are not charging:
- No establishment fees
- No annual fees
- No paper statement fees
- No payment processing fees
- No account closure fees
- No credit limit increase fees and
- No other hidden fees