Payment Schedule for Remittance-as-a-Service (RaaS)

The following payment schedule will be adhered to unless otherwise stated.

Once you sign the Referral Agreement with us and pay the 25% advance of our referral fee and the one-time Assessment fee, you will be introduced to the Licensed Financial Institution or Non-Banking Financial Institution & their Nominated Program Manager via email and a handover call.

The payment schedule of our fees is as follows :

  • Application assessment fee (non-refundable) – 100% in advance

Referral Fee (Refundable):

  • 25% on signing of the Referral Agreement with our company.
  • 25% on completion of the Due diligence with the Solution Provider or 30 calendar days from the date of signing the agreement with our company, whichever comes first.
  • 50% on signing the agreement with the Solution Provider or 90 calendar days from the date of signing the agreement with our company, whichever comes first.

This page was last updated on February 20, 2023.