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What is the reserve fund on my RingGo account?

The reserve fund is the minimum amount that your account balance is allowed to reach. This amount is held back by RingGo to cover the monthly service plan charge (which is based on the number of employees you have on the system, (£1.48 per employee), and automatically debited from your account.

Article Id: 140

Article Last Updated at: 16 Oct 14 14:18

Category: Corporate


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