We are very pleased to offer
your company a payment solution that will
save you time and money! In
addition, this system will be most
attractive to your members also, saving them
time and money.
As your company has many
affiliate members, you can send them
payments via checks, direct bank transfers,
etc. However, while paying by checks is an
option in the USA, it is not so
viable outside the USA. Why? To
draw a check outside the USA is a long and
- To cash a check outside
the USA your member is charged 5-10%
of the check value. For an average
payment of 200-500 US$ the members would
be charged 20-50 US$.
- The check also takes 4-12 weeks
A direct bank transfer could
be an alternative solution, but the costs
are prohibitive (especially for a
In our case there is only
one bank in the whole system, so it means huge savings. This one bank can be
used by anyone from any country with the same easy access. Therefore the
company will save considerably a lot, as there will be transfers within the
same bank from a technical (main) account to the individual client’s’
This is done in a very easy-to-manage way through the CPS. This means that
your Company simply informs the bank (in a special and 100% safe encrypted
file format) of all the payments to be done, and their clients can have
their money on their account the next day!
Your Company will just "load" the clients’ cards weekly, monthly or
quarterly with their commissions that will become available on the card.
Even more, your clients can add funds from other sources, such as wages from
a second job, or other income that the member earns from other sources, and
purchases, payments, or cash withdrawals are deducted from the transaction
account until the loaded value is spent.
Cardholders can query the balance in their transaction account, real time,
24 hours a day at any Maestro/Cirrus ATM, via a phone or through the
Internet, available in 7 languages. The Maestro/Cirrus Debit Card usually
has an expiration date of three years from the date issued and can be
renewed for an additional fee. But under your request, the expiration date
can be shortened to one year.
About the bank:
It is a competitive financial institution, offering special types of
services - an institution flexible enough, to adapt quickly to new market
demands. The Bank is an International electronic Bank that can be accessed
through the telephone system or via Internet 24 hours a day, 365 days a year
-from anywhere in the world.
The mission of the Bank is to provide confidential, secure and reliable 21st
century banking services to a reputable customer base, both corporate and
private, supported by a highly trained professional staff and using the most
up-to-date electronic methods.
The Bank is based is in St.Vincent as it offers the most relevant,
comprehensive and current suite of International Banking and Trust
WHAT WE OFFER
As your company has several members whose payment generates costs, we
offer a program built around a payment method, which would benefit both the
company and its members.
What we offer is an easy, international, cost-effective and more convenient
way to pay your members’ directly to a card account.
You can open hundreds of card accounts for your members and make thousands
of electronic transfers via encrypted (PGP)file format and your transfer
will be executed within one banking day to all your members!
HOW IT WORKS
We are pleased to offer your company a payment solution that will save
you time and money through the CPS (Corporate Payment Solution).
This system will be most attractive to your clients also, saving them time
and money, thereby fostering and developing loyalty to you!
The basis for this program is a CPS account, together with a Bankcard, which
is a Cirrus/Maestro debit bankcard. In details, here is how it works:
1. You open a Main Bank Account
in the Bank for your company.
Automatically a so-called Technical Account is open for you within your main
account, this is to increase security through an encrypted software program
that will be sent to you for no cost.
2. The bank issue the Maestro/Cirrus bankcards to your members with their
secure, 24X7 accessible Bank accounts.
3. You place a deposit onto your corporate Bank account.
You will then pay/send the remittances from this account, within the same
bank, to the cards of your clients. This will give you a revolutionary new
way to distribute electronically payments to your clients while saving a lot
of money on transfers.
4. The data exchange between your company and the Bank is executed via an
encrypted file format containing data necessary for card account opening or
YOUR COMPANY’S BENEFITS
Reduced remittance payment costs,
unbeatable banking rates
This way of payment is highly cost-efficient, especially in cases when your
member is international i.e. working in different countries. With the
Maestro/Cirrus debit cards there is no cost difference in a transfer to a
person from say Beijing or from Toronto. There are no time or geographical
limits, and costs are minimal!
Transfers are electronic and automated, so there is no need to send checks
or administer data on paper each time payments are maid. This means more
benefits for your company such as less paperwork, less administration, and
less problems of payment tracking.
No time lapse in payments
Payments from your company to your members are credited at each day closure,
meaning that money can be accessed within one banking day. There is no time
delay as with international bank transfers often happen.
The CPS program will enable your company to pay your partners not only the
commission, but also extra incentives or bonuses onto their bank account.
YOUR MEMBERS’ BENEFITS
Members will collect payments onto their Cirrus/Maestro cards supported by
the banking services of the Bank. No matter where they are in the world,
with this single tool your clients will be able to:
Access money 24 hours a day anywhere
The Maestro/Cirrus card is a great tool to access cash from over 900,000 ATM
cash machines worldwide where the Maestro/Cirrus logo is displayed. Your
clients simply use their card instead of carrying cash, which is a more
secure way to handle money. Cards are PIN code protected, so only the
cardholder can withdraw money.
Members will no longer have to cash checks at banks, check cashing stores,
who charge high fees. Instead, the full value of their remittance will be
immediately accessible through any ATM Machine.
Pay with the card in shops
Your clients will be able to pay for products and services in over 30
million shops and commercial outlets worldwide. Using a card is more secure
than cash, and more secure than credit cards. Only the cardholder knows the
PIN code of the card, so nobody else can charge the card neither off-line
Bank account of their own
You clients will be able to use their bank accounts to receive money from
other sources (i.e. other jobs).
To open an account with the Bank is
very easy. We, and he bank Marketing Dep. and Customer Service assist you in
every detail. Our costs can be very low depending on the number of accounts
For up to 100
affiliates, our introductory fee is $ 999
The fee is for our work in
preparing and assisting you. It does not include bank fee to open the
Please check here all bank fees.
Our CPS program includes all a person needs to receive/send money from any
place in the world: a bank account to receive their payment, with 24-hour
access to the money on the account with a Cirrus/Maestro bankcard. This card
can be used in any country of the world in ATM machines and in shops.
VALUE ADDED SERVICES
The Bank’s card accounts are not just simple accounts. Your client can
purchase other value added services:
Medical & Travel Assistance Insurance;
Internal and external money transfers;