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Every now and then, when looking over your statement, you may have noticed a charge called “EIRF” and have wondered what EIRF is. The Electronic Interchange Reimbursement Fee, also known as EIRF, is an additional transaction interchange rate applied by Visa to certain transactions. It is a hefty...
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Every now and then, when looking over your statement, you may have noticed a charge called “EIRF” and have wondered what EIRF is. The Electronic Interchange Reimbursement Fee, also known as EIRF, is an additional transaction interchange rate applied by Visa to certain transactions. It is a hefty charge that may appear on your statement when a transaction has been re-classified to a more expensive category.
In mortgage side having clear and timely communication with all parties involved and show them you care about what you do is the key
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In mortgage side having clear and timely communication with all parties involved and show them you care about what you do is the key