Book traversal links for 7. Fees charged to Customers
7. Fees charged to Customers
Effective from Dec 02 2021 - Dec 11 2021
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Whilst a Participant opting for charging fees to remitters is urged to set discounted & competitive fees with the aim of encouraging the use of the Service & in alignment with the Banking Tariff communicated by SAMA, the tariff which may be charged to a Customer by a Participant for sending a cross currency payment using AFAQ Service must not exceed the allowable maximum fee for cross border transfers as illustrated in the Banking Tariff; as amended from time to time.