| Amount (excluding GST) | When payable | |
|---|---|---|
| Application Fee | $1,000 per Direct Connection or Direct Clearing/Settlement Arrangement sought | On lodgement of Application Form |
| Membership Fee | $50,000 | On becoming a Member (required when a Connection Agreement is entered into) |
| Fees for provision of the Direct Connection Service | Regulated by the RBA’s Access Regime – must not exceed $76,700 | Payable in two equal instalments on commencement and completion of testing |
| Annual contribution to administration costs of ATM Access Australia Limited | These costs are divided amongst Members, 30% equally and 70% according to their % share of ATM interchange volume (Contact us for information about the likely amounts payable) | Upon receipt of invoices from ATM Access Australia Limited |
All cheques should be made payable to ATM Access Australia Limited.