This refers to a fee charged when a customer accesses Guaranteed Invoices (GIs) funds of type #2 before maturity. This fee applies only to customers with Starter and Plus plans.

Bancoli charges a fee of 0.274% for every 5 days or a fraction of 5 days remaining until the maturity date of the GI. This means the fee is proportional to the time remaining until the GI matures.

For example, if a customer withdraws the funds from a GI of type #2 that has 20 days remaining until maturity, the early access fee would be 1.096% (0.274% x 20 days divided by 5 days). If you are not using GI funds for your transfer, Early Access fees will not be applied—only transfer fees.

Related information: Understanding Transfer Fees