Pitney Bowes® PrePay Fee's Explained

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Meter Reset Fee:  A meter reset fee is applied anytime postage is added to your meter. The amount charged for each transaction fee is determined when the Pitney Bowes contract is signed. Note: Under HMRC regulations these charges are zero rated (for VAT). 
Tip: Avoid incurring multiple fees by downloading enough postage to last you a month or quarter, depending on your business needs. 

Late Payment Fee: A late payment fee is applied when the 'Minimum Payment' due is not received by the due date. When making payment please allow 5 working days for your payment to reach us.
Tip: Avoid incurring Late Payment Fee's by setting up a Direct Debit

Daily Interest: Daily interest is applied to your account if the balance is not paid in full by the due date. Interest is calculated from the date a transaction occurred.

Returned Payment Fee: A returned payment fee is applied when a payment cannot be successfully debited from a bank account. In the event of a returned payment contact your bank to verify the status of your Direct Debit instruction.  

Insufficient Funds Overlimit Fee: An overlimit fee is applied when a postage advance is provided. The charge is calculated at 3% of the amount advanced.
Tip: If a postage advance is frequently required, consider increasing your Agreed PrePay Balance to an amount that will accommodate your monthly business needs.

Activity Fee(where applicable): These are charged for the use of the SendPro Application. The amount being the greater of £1 or 1% of the total amount of the transactions through the SendPro Application billed to your account, in the relevant billing period.

UPDATED: 16 July 2021