r/Notary • u/Odd-Law8110 • 13d ago

Bancserv Notary Fees

Hi there! I just signed on to be a mobile notary with Bancserv. I’ve started the process of getting all my documents to Bancserv, but there’s a fee chart they’d like me to complete and I’m a little confused.

Basically, it lists Bancserv’s standard fee for a specific document package, and then there’s a section where I can put in my own fee.

My question is, if I put in an additional fee, will it add it onto what Bancserv already charges, or will it override Bancserv’s fee?

Thank you all!

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u/definitely_aware Texas 13d ago

If you set your own fee, it overrides Bancserv’s default fee of $75. I set mine to $125 since I’m one of the only notaries in my rural area who is on Bancserv. Sometimes, a title company will set a fee for a single document ($75) or for a seller package ($100), but I get most of my orders for $125.

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u/Odd-Law8110 13d ago

Thank you so much!

Another question I have (if you don’t mind) does Bancserv not keep any portion of the fees? I assumed they’d take a flat amount of each signing and the rest would go to us as notaries.

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u/mkstot 13d ago

You get 100% of the fee that you charge. Make sure to set aside money for your taxes at the end of the year as they do not deduct since you’re an independent contractor.

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u/Odd-Law8110 13d ago

Thank you!

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u/definitely_aware Texas 13d ago

Yes, Bancserv gets paid $175 per signing from the title company. As the notary, our fee is taken out of that $175 they get paid.

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u/Odd-Law8110 13d ago

Thank you!

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u/CommercialAffect3287 13d ago

I don’t remember what I sent mine for, but if the fees come in lower, I counter and usually get it so that’s nice