How much does it cost to use SureFund™?
Teranet is welcoming SureFund™ customers with an introductory transaction fee during the pilot phase. Transaction service fees are only charged on a per deal basis, as follows:
Refinance / Sale Only Deal: $30 + HST, includes 3 disbursements
Sale & Purchase (two-sided deal): $60 +HST, which includes 3 disbursements
Wire Transfer Fee: $15 + HST
Additional Disbursements: $5 each +HST
There are no account, initiation, or setup fees.
How are SureFund™ transaction fees paid?
The transaction service fees + HST are added to the total deposit amount required to complete a deal. The total deposit amount will consist of:
(1) total of all the disbursements in the deal, plus
(2) the required SureFund™ service fee + HST
Note: The SureFund™ service fee is not collected by the system. Funds equal to the total deposit amount required will need to be wired into the trust account.
Do you offer bulk pricing or high volume discounts?
Depending on the volume of your transactions, we may be open to discussing options for your account. Please contact email@example.com to inquire.