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Selecting the Bank Fee Payer

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When customers pay using Visa, you can define who pays the bank collection fees — the customer or the company — to ensure accurate collection records and accounting entries.

Selecting the Bank Fee Payer

  • Go to the “Accounting” module.
  • Open the “Chart of Accounts” page.
  • Click on “+” next to the “Assets” group until you reach “Cash in Banks”.
  • Double-click on the required bank.

You will be redirected automatically to the “Accounts” page.

  • Enter the Collection Fees Percentage.
  • Select the related fees account.
  • Select the Bank Fees Payer (Customer / Our Company).
  • Click on “Update”.
Selecting the Bank Fee Payer — Click on “Update”.

If you encounter any challenges or have questions during these processes, you can contact our technical support team, who are ready to assist you at any time.

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