FEE SCHEDULE
Fees Schedule for Block Offer and Back Offices services
| SERVICE-ID Number | SERVICE TYPE | DESCRIPTION | PRICE PER HOUR OR INCIDENT |
|---|---|---|---|
Escrow Account Prepaid Fees (Block Developer) |
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| GBTB567391737 | Escrow Set-up | One-Time-Fee | $600.00 |
| GBTB567391738 | Escrow Bank Account Fee | Monthly Fee:Duration Of The Offer | $40.00 |
| GBTB567391739 | ACH / BACS Fee | One-Time-Fee | $0.50 |
| GBTB567391740 | Credit Card Fee | One-Time-Fee | $0.00 |
| GBTB567391741 | Check Fee | One-Time-Fee | $20.00 |
| GBTB567391742 | Wire Fee | One-Time-Fee | $15/$35 |
| GBTB567391743 | ACH Exceptions | One-Time-Fee | $5.00 |
| GBTB567391744 | Issuer(Offer Fee) | One-Time-Fee | $60.00 |
| GBTB567391745 | Bank Surcharge | May Apply for checks returns, NSF's, etc | Fee Vary |
| GBTB567391746 | Legal Fees | Reimburse our Attorney Cost if/when redline, Form C or PPM draft required | Fee Vary |
Bad Actor Checks** |
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| GBTB567391747 | US Bad Actor Checks Individual | One-Time-Fee per user | $60.00 |
| GBTB567391748 | US Bad Actor Checks Entity | One-Time-Fee per user | $60.00 |
| GBTB567391749 | International Bad Actor Check Individual | One-Time-Fee per user | $200.00 |
| GBTB567391750 | International Bad Actor Check Entity | One-Time-Fee per user | $270.00 |
Note - One time per issuer (BlockDeveloper) "covered person" per SEC regulations, not required if already done by attorney or broker-dealer.
Custodial |
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|---|---|---|---|
| GBTB567391751 | Cash Management | Custodial Account | 0.0025/$4,000 cap* |
| GBTB567391752 | Funds Processing Fees | One-Time-Fee | $0.50 |
| GBTB567391753 | Check Fee | One-Time-Fee | $10.00 |
| GBTB567391754 | Wire Fee | One-Time-Fee | $15/$35 |
| GBTB567391755 | Credit/Debit Card Fee | One-Time-Fee | 2.9% + $.32 |
AML/BSA |
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| GBTB567391756 | US Individual | One-Time-Fee | $2.00 |
| GBTB567391757 | US Entity | One-Time-Fee | $5.00 |
| GBTB567391758 | CA/UK Individual | One-Time-Fee | $100.00 |
| GBTB567391759 | CA/UK Entity | One-Time-Fee | $70.00 |
| GBTB567391760 | International | One-Time-Fee | $70.00 |
| GBTB567391761 | Individual or Entity | One-Time-Fee | $70.00 |
| GBTB567391762 | Buy The Block Fee | Per Funded Offer ($0.01 to $1.07M) | 6% |
Buy The Block costs include full legal and tax documentation, one legal shareholder, complete payment processing, company incorporation services and dedicated account manager. The total fee is only payable if a block offer successfully raises 100% of its funding target.
Our due diligence team works hard to provide feedback within 168 hours from when you submit your offering. Make the recommended changes by due diligence. The whole process should be no longer than 328 hours (13 days). On the 21st day, if you would like to continue, we will impose a $1,000.00 upfront fee to continue with your offer. Remember, you are filing with the SEC and therefore should expect a couple of comments back and forth to make sure everything is correct and compliant. If you wish to continue after that point, there will be a fee of $1,000.