Procedure For Payment of Rubber Development Fee
The Rubber Development Fund, Inc. has announced below the following steps to be taken by all rubber processors, buyers, or brokers when paying rubber development fees to the Rubber Development Fund Incorporated (RDFI):
- The broker calculates the total rubber development fee to be paid based on the tonnage of rubber to be shipped and the posted rubber development fee per ton for the month;
- The broker makes payment of the rubber development fee due to the following bank accounts:
- LBDI A/C # 001USD21222304401 Account Title: Rubber Development Fund Incorporated
- IBLI A/C # 00121871035390102 Account Title: Rubber Development Fund Incorporated
- Broker contacts the RDFI via email: [email protected]/[email protected] or [email protected] or via WhatsApp: +231 777 534 354 / +231 779 892 810 or deliver the deposit slip(s) in person at the RDFI Office at Baker Building, Cheeseman Avenue, Sinkor, Monrovia, Liberia and inform the RDFI of the payment for confirmation with the respective banks;
- Upon confirmation, a receipt of payment is issued to the broker via email, WhatsApp or in person;
- Each receipt shall have a unique number as well as indication of the number of tons the particular rubber development fee payment represents;
- This receipt is presented at the MOCI or MOA for further processing of other fees and taxes.
The RDFI would like to thank all those rubber brokers that are compliant or are striving to become compliant in payment of rubber development fees withheld from the rubber producers.
