Electronic Payment
18.13 Calculating the surcharge
Each time you send in a late payment in a surcharge period the surcharge percentage increases. At the end of the surcharge period we add up the percentages for all of your defaults in the year.
Each time you send in a late payment in a surcharge period the surcharge percentage increases. At the end of the surcharge period we add up the percentages for all of your defaults in the year.
