Commission direction

There are three possible types of commission directions:

• IN – means, that full commission amount will be charged from the recipient:

  • Example:

    • Preconditions:

      • Sender transfers to the recipient an amount of 100 USD

      • Calculated commission amount is 3 USD

      • Commission direction is set to “IN”

    • Calculations:

      • Sender will be charged with 100 USD (transfer amount)

      • Recipient will receive the transfer amount except Calculated Commission amount:

        • 100USD – 3USD = 97 USD

• OUT – means that full commission amount will be charged from the payer(sender):

  • Example:

    • Preconditions:

      • Sender transfers to the recipient an amount of 100 USD

      • Calculated commission amount is 3 USD

      • Commission direction is set to “OUT”

    • Calculations:

      • Sender will be charged with transfer amount plus Calculated Commission amount:

        • 100 USD + 3 USD = 103 USD

      • Recipient will receive the transfer amount = 100 USD

• SHARED (only for transfers) – means that commission will be paid equally (50/50) by sender and recipient:

  • Example:

    • Preconditions:

      • Sender transfers to the recipient an amount of 100 USD

      • Calculated commission amount is 3 USD

      • Commission direction is set to “Shared”

    • Calculations:

      • Sender will be charged with transfer amount plus 50% from Calculated Commission amount:

        • 100USD + 50%*3USD = 101.5 USD

      • Recipient will receive the transfer amount except 50% from Calculated Commission amount:

        • 100USD – 50%*3USD = 98.5 USD

For some operations, the usage of commission direction is limited to a specific direction: