Skip to main content

Transaction Fee Management

Per Transaction Fee​

The per transaction fee against every payout pushed into the NIUM system can be settled at the end of the month.

Wire Transfer Cost​

The wire costing logic defines who will bear the SWIFT charges for the given transaction:

  1. ACO - Borne by the Client
  2. SHA - Shared by the Client and Beneficiary

NIUM has introduced the field "swift__fee__payer" that the Clients can use to send any of the above given configuration. Basis this config, the clients are charged for the SWIFT transaction, as part of the invoicing.