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Wednesday, January 26, 2011

NCR allow PDA fees to change

From the first of February this year the various PDA's will probably be changing their fees.

The fees will be based on a 3% of distributed amount charge

A min payment of R50 per consumer will come into effect and a maximum fee of R500 will be in place regardless of distribution (i know... you wish you had those clients!)

Remember to disclose these fees to your clients up front and include this information into your client contracts. Obviously clients have no choice but to distribute via a PDA but it is best to keep them informed as to the costs

The various PDA will obviously change their systems to reflect the new charges and documentation for court use will have to reflect these charges.

All these changes take place with the blessing of the NCR.
So get ready for the change.

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