A DMT Surcharge is the convenience fee or handling charge levied on cash-to-bank remittance transactions processed through Domestic Money Transfer networks. Governed under standardized banking guidelines, the surcharge typically operates on a simple percentage or flat slab-based model, generally capped around 1.0% to 1.20% of the transaction value (inclusive of GST). This surcharge is split dynamically within the fintech ecosystem, serving as the primary revenue source that funds instant IMPS processing fees and generates commissions for local retail agents.
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