Administrative and technical costs CODA
Modified on: Thu, 6 May, 2021 at 3:53 PM
Overview of the different costs:
|A monthly cost is charged for each current account based on a progressive rate.|
|The delivery of CODA files from a savings account is always free of charge (there are no monthly costs).|
|Subaccounts are not charged, only the main account is charged.|
|Each mandate represents a unique administrative cost (regardless of the type of accounts present in the mandate).|
|A mandate may contain one or more bank accounts but within the same bank.|
1 mandate with 1 bank account = 1x administrative cost
1 mandate with 5 bank accounts = 1x administrative cost
|A client with 5 bank accounts in the same bank , will be charged 1x the administrative cost if requested at the same time.|
|A customer with 5 bank accounts in 5 different banks will be charged 5 x the administrative cost.|
|Administrative costs are always due.|
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