What is a DAP?
The DAP is the Daily Accommodation Payment. You may elect to pay a higher daily fee (DAP) instead of paying all or part of your Accommodation Payment as a RAD to us.
The DAP is interest on the balance of any unpaid Accommodation Payment amount. You may choose to subsequently pay part of or all of the balance of your Accommodation Payment as a RAD at any future time.
We recommend you speak with your financial advisers as to whether it is best to pay your
Accommodation Bond by RAD, DAP or a combination of the two.
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