Fee PlanNew Client will pay the following fees:
Clients will pay the following fees:
· Initial Registration Fee:
One-time set up fee of RM995 cash , due upon registration and billed to the client's
trading account payable within 15 days on receipt of the monthly statement.
· Monthly Administrative Fees:
RM15.00 and 15.00 TRM, billed one month in advance to the client's trading account. Fees
are non-refundable upon cancellation.
· Transaction Fees:
5% cash and 1% trade (TRM) fee to both buyer and seller on all transactions on the Trade
Ringgit amount transacted, cash amount is due 15 days from the monthly invoice date.
· Late Charges:
1.5% per month of the past due cash balance, payable in cash; amount is due 30 days from
the monthly invoice date.
Clients of BBN Network can trade online via the
Internet at www.asiaBarterZone.com or with
the personal assistance of our Trade Brokers. Soon clients can trade regionally with other
Trade Exchanges across the Asian countries.
BBN Network charges a small Transaction Fee only when
you buy or sell. Compare this cost to conventional advertising and commissions.
Payment of cash fee will be due upon receipt of the
monthly statement. Buyers and sellers split Transaction Feesthe costs of doing
business on BBN Network are shared.
Current Transaction Fee are:
| Fee |
 |
Buyer |
 |
Seller |
 |
| Cash (Malaysian Ringgit) |
|
5% |
|
5% |
 |
| Trade (TRM) |
|
1% |
|
1% |
 |
|
Taxes |
 |
There's no tax advantages or disadvantages to barter. Barter income is the
same as cash income for tax purposes. Trading should be considered a marketing tool, not a
tax tool. As with cash income, however, trade purchases that are business related are also
tax deductible. See Tax Policy
Ready to start? Apply
online or call us at 604-264 3888
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