PAYMENT IS FAST EFFECTIVE

AND GUARANTEED BY THE JSE.

The amount that will be presented to you and how it's calculated:

You as a farmer get the MTM (market-to-market) price; this is the official published price by the JSE for the specific contract after delivery for the day. It is a price per ton.
The transportation differential is subtracted.
The unpaid storage costs to the day of delivery is subtracted.
If the stock got a premium on the market it is added.

It will be debited from your account directly. It is about R10 / ton depending on the size of the trade.
This payment includes JSE fees, bank clearance fees and our commission.
There are no other costs or fees involved regarding 4IE Trading.

Here is an example:

MTM R2000 - Diff (R200) - Storage (R3.5) - commission (R10) + Premium R10 = R1796.50/ton

Fast and Effective:

The money will be directly transferred into your SAFEX account within 48 hours of delivery. It is guaranteed by the JSE. Guarantees are great for peace of mind.
You have to ask for the payment to be made into your bank account from your SAFEX account.
Payment from your SAFEX account into your bank account usually also takes only 48 hours.

Monument Office Park, Cnr Steenbok & Elephant Rd, Pretoria, South Africa | +27 12 111 0557 | info@4ietrading.co.za