How are Databank fees determined?

Databank fees are determined by the number of successfully matched records returned during an exchange according to the following schedule:

Total number of records (Low) Total number of records (High) Fee per match success ($ AUD)
0 49,999 0.10
50,000 99,999 0.07
100,000 249,999 0.05
250,000 499,999 0.04
500,000 999,999 0.03
1,000,000 6,999,999 0.02
7,000,000 100,000,000+ 0.01

Example 1: Input volume: 1m records; Match success rate: 20%; Fee: $0.05 AUD x 200,000
Example 2: Input volume: 0.5m records; Match success rate: 35%; Fee: $0.07 AUD x 175,000

If you require monthly match updates, the incremental charge is based on the number of new records.

If this is your organization's first match, there is a one-time setup fee of $5,000 AUD.

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