Fee Calculator
1. CPRES.CO ESCROW FEE CAP: N100,000 (~$200). That's regardless of your transaction amount we won't charge you more than N100,000 (~$200) for a given transaction.
2. CPRES.CO ESCROW FEE THRESHOLD: N50 (~$0.1). That's no matter your transaction amount we won't charge you less than N50 (~$0.1).
3. CPRES.CO ESCROW FEE FOR DEPOSIT FROM N500 (~$1) TO N49,999.99 (~$100) IS 10%
EXAMPLE 3.1: For a N5,000 (~$10) transaction, cpres escrow fee is 10/100 x 5,000 = N500 (~$1).
4. CPRES.CO ESCROW FEE FOR DEPOSIT FROM N50,000 (~$100) TO N499,999.99 (~$1,000) IS 5%
EXAMPLE 4.1: For a N50,000 (~$100) transaction, cpres escrow fee is 5/100 x 50,000 = N2,500 (~$5).
5. CPRES.CO ESCROW FEE FOR DEPOSIT FROM N500,000 (~$1,000) TO N999,999.99 (~$2,000) IS 3%
EXAMPLE 5.1: For a N500,000 (~$1,000) transaction, cpres escrow fee is 3/100 x 500,000 = N15,000 (~$30).
6. CPRES.CO ESCROW FEE FOR DEPOSIT FROM N1,000,000 (~$2,000) TO N1,999,999.99 (~$4,000) IS 1.5%
EXAMPLE 6.1: For a N1,000,000 (~$2,000) transaction, cpres escrow fee is 1.5/100 x 1,000,000 = N15,000 (~$30).
7. CPRES.CO ESCROW FEE FOR DEPOSIT FROM N2,000,000 (~$4,000) TO N1,000,000,000 (~$2,000,000) IS 1%
EXAMPLE 7.1: For a N2,000,000 (~$4,000) transaction, cpres escrow fee is 1/100 x 2,000,000 = N20,000 (~$40).
The GENERAL FORMULA FOR CPRES.CO ESCROW FEE is
fee%/100 x transaction amount
PS.
For deposit or withdrawal fees, see Payment Options