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Additional News - May 11, 2005



DIRECT DEPOSIT
Eliminates Unnecessary Trips to the Bank

NuVANTE offers Direct Deposit as a payment option. If you would like to get rid of paper checks and having to go to the bank to deposit them, the Direct Deposit feature will allow you a payout option that is quick, convenient and safe.

The following will provide you with information regarding our Direct Deposit option and why you should sign up for this option:

Q: What is Direct Deposit?

The electronic transfer of a payment directly from the account of the payer to that of the party being paid.

Q: Where do I go to sign up for Direct Deposit?

To sign up for the Direct Deposit option you must:

  • Login to your Extranet
  • Click on Forms
  • Click on the Direct Deposit
  • Click on Direct Deposit Form
  • Download the Direct Deposit form
  • Follow the directions on the form and fax back to corporate

Q: How long will it take before the Direct Deposit becomes effective?

Distributors signing up for Direct Deposit in the month of May will receive Quick Start Bonuses or Monthly Residuals earnings as a Direct Deposit to their bank account on or before the 5th business day of the following month.

Q: How long before I receive my direct deposit transaction?

Most direct deposits take 1 to 2 business days to reach your account.  However, it’s important to note that each receiving bank posts transactions at different times during their business day. Your bank could receive your Quick Start Bonuses or Monthly Commissions before or after their daily posting of direct deposit transactions. For clarification about your bank's policies, speak directly with a customer service agent there.




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