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7/26/2012

Wealth 4 All Team : Important STP Fees Update

Important STP Fees Update

On our last email we informed you that we had discovered an error in the I-payout system which did not calculate and charge the STP fees to our affiliates. On that email we informed you that we were changing the fee structure in I-payout to reflect the correct charges and that we would asses those past fees from deposits our affiliates made from their wealth4allteam back office balances.

After further review, we realized that the new fee structure we implemented in I-Payout was again incorrect since STP gave us the wrong information.  We have now talked to STP and figured out the correct fee they charge us as a corporation and we will be implementing the new fee structure in I-payout by tomorrow.  Here is how the new process is going to work and what will be charged.

1.- We have decided not to collect those past fees from deposits made via STP as the process is cumbersome, manually tasking and it will create confusion to our affiliates as some of them may see negative balances in their e-wallets, etc. and would create massive amounts of support tickets and phone calls. 

2.- The new fee that will be charged when making deposits in I-Payout via STP is going to be 6% + $.50 cents per transaction.  This covers the I-payout fee + the STP fee and help us recoup some of the over $50,000.00 in fees paid by the company over the last three months. This will not task anyone's accounts and it will be a simpler and cleaner solution.
So to be perfectly clear, the new fee will be 6% + $.50 cents per transaction.  This is $6.50 for every $100.00 deposited.  This new fee structure will go into effect on July 26th, 2012 at 6:00am.

Another update has to do with the rule we had previously created regarding withdrawals to STP by those people that had deposited funds via STP.  On our conversations with STP we have negotiated a higher amount of allowed withdrawals for the company which are sufficient and better meet our needs.  That being the case, we are again allowing you to withdraw money from I-payout to any option of your choice regardless of how the money has been deposited in the system.  This should be very good news to everyone.

In a few minutes I will also be sending another update email in regards to all the projects we are currently working on and status updates on the company.  Stay tuned!

Thank you,

Wealth4allteam Management

Credit - https://Wealth4AllTeam.com/index.php?spon=13519

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