There are No Upfront Fees to use this platform, but there are charges deducted from the amount being disbursed to cater for bank or mobile money transfer charges and e-levy.
How it works
In finance, charges and fees are usually the same thing, and are applied to your account by your bank or lender in line with the type of account or loan you have. Banks and lenders provide a number of services to their customers, and some come with charges attached. These can include interest, transmission fees, service charges, and for some credit cards, annual card fees. If a service is misused or the terms of an agreement are broken, then that’s where things like overdraft charges and late payment charges come in.