Below, we present the new rates that will come into effect starting from the billing period of July 2023.
The expenses and management of your account from July 1, 2023, will consider the following prices:
Tribal Financing Fee:
- Rules
- Applicable to NEXT
- Accounts Calculation based on the average daily balance of Tribal Pay (excluding cards)
- Countries: LATAM and US, excluding Colombia, Chile, Peru, Brazil, and companies with operations in the Middle East
- Tiers or Categories: The calculation of tiers or categories is based on the average daily balance of Tribal Pay monthly.
Tier 1: Less than 20,000 USD average daily monthly balance
Tier 2: Average daily monthly balance equal to or greater than 20,000 USD but less than 50,000 USD Tier 3: Average daily monthly balance equal to or greater than 50,000 USD but less than 150,000 USD Tier 4: Average daily monthly balance equal to or greater than 150,000 USD
- The amount of card transactions is not included in the calculation of financing fees.
- Prepayments to the credit line affect the calculation of the average daily balance. There are no changes.