CUSTOMER PRICING PACKAGE DOCUMENT
- DEFINITIONS
- Unless otherwise defined, defined terms shall have the meaning as set out in the Customer Terms of Business.
- TERM OF THE AGREEMENT
- The Minimum Term shall be: 1 month
- MODULR PRODUCTS
- The Payment Types which the Customer may elect to use are as follow:
- Inbound and outbound Faster Payments
- Inbound Bacs Credits
- Inbound CHAPS
- Account Transfers (i.e. transfer between two Modulr Accounts which are owned by the same Customer)
- For the avoidance the use of the Payment Types set out above shall be subject to the terms of the Agreement.
- USAGE OF MODULR PRODUCTS
- The Modulr Products which are provided to the Customer are provided for the following purposes only:
- To receive payments (via the Payment Methods) to Modulr Accounts in order to make business payments (the “Permitted Use”).
- For the avoidance of doubt any use of the Modulr Products outside of the Permitted Use shall constitute a breach of the Agreement.
- SUBSCRIPTION PACKAGE
- The Subscription Package provided to the Customer under the Agreement is set out below
- For the avoidance of doubt, the Subscription Package and any Additional Fees shall be subject to the payment terms set out in the Customer Terms of Business.
|
Palladium Subscription Package Monthly Fee |
Included in Subscription Package |
|
£32.50 |
|
- Additional Fees
- Use of Payment Types outside of the Subscription Package shall be subject to the following fees which shall apply on a per-transaction basis (the “Additional Fees”):
|
Payment Type |
Per transaction fee |
|
Inbound CHAPS |
£17.50 |
|
Additional payments (includes: Inbound, Outbound Faster Payments and Inbound BACs credits) |
£0.52 |