SWACHA Logo  
The Resource of Choice for financial institutions, businesses, and payments industry stakeholders.
     
 

Membership Dues Structure

Membership Term is from January 1 through December 31. Dues are paid annually in January via ACH debit. If you choose to receive an invoice; a fee of $25 is added to create and process paper.

Financial Institution Membership dues are based on the number of commercial items originated and received by the financial institution of the previous year. Minimum dues are $375. Maximum dues are $7,575.

Dues are calculated as follows:

Transaction Range Base Fee Fee Per Transaction
0 1,000 $375.00 none
1,001 10,000 $375.00 0.00908
10,001 100,000 $357.49 0.00787
100,001 1,000,000 $942.48 0.00545
1,000,001 5,000,000 $4,992.48 0.00278
5,000,001 and above $7,575.00 none

To illustrate with an example, assume an annual volume of 25,000; locate the range for that volume (10,001-100,000); reduce the annual volume by the minimum volume for that range (25,000 minus 10,001); multiply the result by $0.00787; and add that amount to the base ($357.49).

Dues = (25,000-10,001) x 0.00787 + $357.49 = 475.53

Affiliate Dues

The annual membership fee for associate members is $375.00.

NOTE: Membership dues fees for SWACHA - The Electronic Payments Resource® are not tax deductible as charitable contributions. They may be tax deductible as business expenses. Please consult with your tax adviser.

     

© Copyright 2008. All Rights Reserved.
SWACHA - The Electronic Payments Resource®
1999 Bryan, Suite 3600 | Dallas, TX 75201-6882 | 214.438.4585 | FAX 214.438.4515
Privacy Statement | Disclaimer