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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