That's a lower per transaction fee than Paypal or any Credit Card processor.
* There is no cost to your donors. They get the full value of their donation.
* There is ZERO cost to open an account, access records or maintain your account.
* There is a minimum transaction fee of $15 per transaction.
* Typical brokerage fees are between $0.02 and $8 per transaction, and $0 for sale of mutual funds and are deducted from the proceeds.
* An optional bank charges exist for wire transfers of proceeds if requested by organization, checks are free. See complete terms & conditions for details.
Example 1
- Proceeds from sale of stock = $1,000.00
- Stock Donator Fee (greater of 1.9% of sale or $15.00) = $19.00
- Brokerage firm regulatory fees= $0.02
- Check to non profit = $980.98
Example 2
- Proceeds from sale of stock = $500.00
- Stock Donator Fee (greater of 1.9% of sale or $15.00) = $15.00
- Brokerage firm regulatory fees= $0.01
- Check to non profit = $484.99
