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

The following payment schedule would 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 & their Nominated Program Manager via email and a handover call.

The payment schedule of our fees is as follows :

  • Application assessment fee – 100% in advance

Referral Fee :

  • 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 of the agreement with the Solution Provider or 90 calendar days from the date of signing the agreement
  • with our company, whichever comes first.

Sign up for RAAS below!

This page was last updated on August 31, 2021.