Effective 1 August, 2010
The following fees (inclusive of GST) apply to M-Powered Services:
M-POWERED SERVICES ACCESS FEE #
|MYOB Cover clients||Waived|
|Non MYOB Cover customers||$10.00 per month|
M-POWERED BANK STATEMENTS*
|Statement Transaction Fee||$0.10 per transaction|
# For clients who have a current MYOB Cover membership the access fee
Please note the Access Fee is applicable to customers using a third party approved partner product.
* Refer to your financial institution for details of any fees that they may charge in relation to your use of this service.
M-Powered Bank Statements
Statement Transaction Fee
This fee is charged for each individual bank account transaction
that is provided to MYOB by your financial institution and made
available for you to access. Fees are charged in the month the bank
account transaction data is made available to you and is payable
regardless of whether you connect to the MYOB gateway to receive
Monthly Billing Process
At the beginning of each month, MYOB will debit your nominated MYOB
M-Powered Services fees account for the fees payable for the previous
calendar month. MYOB will also send you a monthly statement providing
a breakdown of the fees that have been charged.
If you require any further information relating to the fees and
charges for MYOB M-Powered Services please contact our M-Powered
Services support team on 1300 555 931 between 9.00am and 5.00pm (AEST)
Monday to Friday.
Please note that certain fees and charges can vary or may be waived
from time to time, as a result of special offers by MYOB, or otherwise
in accordance with the Terms. Any such variations or waivers will be
published on MYOB's website.
M-Powered Services Access Fee
This is a flat monthly fee that provides you with access to our M-Powered Services. The same fee applies irrespective of the number of M-Powered Services that are being used. This fee is waived for MYOB customers who have a current MYOB Cover membership or MYOB Software Maintenance (E&S) subscription for the product being used with M-Powered Services.
|OTHER M-POWERED TRANSACTION FEES|
|Transaction Trace Fee||$10.00 per trace|
|Bank Account Amendment Fee||$20.00 per account|
|Bank Debit Dishonour Fee||$20.00 per dishonour|
Transaction Trace Fee
This fee is charged where you request MYOB to trace a missing M-Powered Services related transaction, including an M-Powered Invoices bank deposit, a superannuation contribution processed using M-Powered Superannuation, an electronic payment made using M-Powered Payments. The fee will not be charged if the results of the trace determine that the transaction has not been processed correctly due to an error or omission by MYOB or our business partners.
Bank Account Amendment Fee
This fee is charged where you request MYOB to add, amend or delete bank account details for any of the M-Powered Services. Only one fee will be charged if the same bank account is being updated for multiple M-Powered Services. No fee will apply if a change is requested to the M-Powered Services fees account only.
Bank Debit Dishonour Fee
This fee is charged whenever MYOB processes a debit to your nominated bank account as a result of an M-Powered Services related transaction and the debit is subsequently dishonoured by your financial institution (eg. debiting of M-Powered Services monthly fees, an M-Powered Invoices Adjustment or an M-Powered Superannuation payment.