<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tf/onlinemanual/000471" xml:lang="en">
   <Header>
      <Title>Negotiated bank charges</Title>
      <Keyword type="header" order="d1e1639736">
         <Level1>Bank charges</Level1>
         <Level2>negotiated</Level2>
      </Keyword>
      <Keyword type="header" order="d1e1639741">
         <Level1>Negotiated</Level1>
         <Level2>bank charges</Level2>
      </Keyword>
   </Header>
   <GeneralSection>
      <Paragraph>This functionality is specific for Japan.</Paragraph>
      <Paragraph>In Japan, the sender pays all the <Link href="/baanerp/tf/glossary/glossary#000476" role="glossary">bank charges</Link> at the end of the month, based on the number
		of payments transferred. If the sender pays the bank charges, the full invoice
		amount is paid. If the receiver of the transfer, who is usually the supplier,
		pays the bank charges, the bank costs are charged for every payment made.
		Depending on the <Link href="/baanerp/tf/domains/cmg.trfm" role="domain" Update="No">transfer method</Link>, the bank charges are then deducted from the
		transaction amount.</Paragraph>
      <Paragraph>In addition to the standard bank charges, in Japan, you can
		have bank charges that result from negotiations with the bank about the charges
		to be paid for payment transactions. Having two bank charge amounts, standard
		and negotiated, the payer can decide what amount they charge the supplier. If
		the supplier pays the standard bank charge, an additional profit is realized:
		the difference between the standard and the negotiated bank charge amounts.</Paragraph>
      <Paragraph>Based on the bank charge amount, tax is added to the bank
		charges. The sum of the bank charge amount and the tax amount is then
		subtracted from the amount to be paid.</Paragraph>
   </GeneralSection>
   <RelatedTopics>
      <SectionTitle> Related topics</SectionTitle>
      <RelTopic>
         <Link href="/baanerp/tf/onlinemanual/000459" role="manual">Bank charges</Link>
      </RelTopic>
      <RelTopic>
         <Link href="/baanerp/tf/onlinemanual/000474" role="manual">Payment schedules – overview</Link>
      </RelTopic>
      <RelTopic>
         <Link href="/baanerp/tf/onlinemanual/000472" role="manual">Standard and negotiated bank charges - setup</Link>
      </RelTopic>
      <RelTopic>
         <Link href="/baanerp/tf/onlinemanual/000473" role="manual">Standard and negotiated bank charges - examples</Link>
      </RelTopic>
   </RelatedTopics>
</ManualTopic>