Suppliers can now also access BuildSafe's trust account services by applying for TradeSafe. The service works in exactly the same way. Rather than asking your clients to pay upfront for goods they have not yet seen or received, ask them to pay the same money into a TradeSafe account and be assured that you will be paid when the goods have been delivered, and give your clients comfort that the payment will not be made to you until they receive the goods.
The TradeSafe Fee is based on the value of the goods being supplied and equates to 0.5% of the value of those goods, subject to a minimum fee of $10.00 and a maximum fee of $37.50 per transaction.