Access Commercial Exchange and its agencies including A.C.E International) is hereafter referred to as the National Agent. These trading terms are to be read in conjunction with the A.C.E International Trading Rules and form part of the conditions of membership of the Exchange specifically in Australia. All memberships and ledger remain with the Exchange, ETX International Exchange Trust, internationally. No national agent or sub agent will hold any membership accounts.
A one off fee of $495.00 cash (GST inclusive) is payable to the National Agent ,ETX International Exchange Trust, on joining the ETX International Trade Program and must accompany the Application for Membership. Payment can be made by cash, cheque, bank transfer, or credit card.
Goods and Services Service Fee (Transaction Fee)
A cash fee equal to 5.5% ( Incl GST)of the Trade component of any purchase transaction on goods and services is payable to the National Agent for amounts upto and including T$2999, this is payable within 7 days of the completion of the transaction in whole or in part. All transactions of 3,000.00 trade dollars and above require the submission of an Intention to Trade (ITT) Agreement (see below) and payment of fees in cleared funds at least 24 hours prior to finalisation of the transaction or as directed by The Manager fees payable by credit card or direct deposit prior to the transaction.
Real Estate/Contractual Transaction Fee
A cash transaction fee equal to 5.5% 5.5% (incl GST) of the ETX International Exchange Trust component of any Real Estate or contractual transaction is payable to the National Agent.
Marketing and Promotions Fee
A monthly cash fee of $27.50 per month including GST $22.00 (incl GST) per membership account is payable to the National Agent.INCURRED FEES
Stationery Fee
A cash fee of $5.50 (incl GST) will be payable monthly to the National Agent, unless the National Agent receives notification that the member will obtain their statement of account and updated Access Commercial Membership Directory via online facilities. Provision is made for members to access this information free of charge via online computers available for member use in Access Commercial offices.
Goods and Services Facility Administration Fee
A 5.5% (incl GST GST) facility administration cash fee will be payable to the national agent for a goods and services Facility Application for $T20,000 and over. The approved facility amount will not be deposited to the member's account until cleared funds in payment of the Facility Administration Fee are received by the National Agent.
Real Estate Line of Credit
The company shall, as its discretion, consider lines of credit for all financial members with regards to their company or business. The member may request this line of credit either from 1 of 2 facilities. Click Here for more details
International Transaction Fee
An additional 1.1% (incl GST) cash fee will be payable to Administrator on the Trade dollar component of all international transactions. This fee covers costs and charges associated with an international transaction and is collected by the National Agent on behalf of the Administrator.
Incentives, Rewards and Bonuses
Access Commercial can at its discretion, issue members with ETX International Trade Dollars as incentives, rewards and bonuses from time to time. These incentives, rewards and bonuses will incur standard Service Fees.
Bad Debt Reserve Contribution
A Bad Debt Reserve contribution of forty-eight trade dollardollars ($48) per annum will be deducted from a trading member’s account to fund bad debts in Trade Credits within the Exchange.