Basic Concepts and Facts about Reclaim Certificate
This is a discussion on Basic Concepts and Facts about Reclaim Certificate within the Business Contracts & Partnerships forum, part of the BUSINESS & FINANCE LAW category; Reclaim is a performance-related promotion based on the level of qualifying redemption. The Reclaim Certificate is a voucher given to ...
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Join Date: Dec 2008
Location: Spain
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Reclaim is a performance-related promotion based on the level of qualifying redemption.
The Reclaim Certificate is a voucher given to the customer free with their purchase, the full cost of the promotion being borne by the retailer. Provided the customer adheres to the terms and conditions of the promotion he will receive a financial benefit at the expiration of the term up to 100% of his purchase price. How does it work? Why does it work? How do I claim? What is Reclaim? Reclaim is a performance related redemption promotion based on the level of redemptions. The Reclaim Certificate is a voucher, which is given to the consumer free with his purchase. The full cost of the promotion being borne by the Retailer (Supplier). Provided the customer adheres to the terms and conditions of the promotion he will receive a financial return at the expiration of the term between a GUARANTEED percentage and up to, but not exceeding 100% Redemption means that YOU ARE RESPONSIBLE, to reclaim your capital, WILL YOU BOTHER? No one will remind you How does it work? 1 The Retailer (Supplier) pays to Reclaim a percentage of his selling price. 2 All payments are paid directly to an account controlled by the external board of trustees for consumer protection 3 The board of trustees then retains 80% of the amount received, exclusively to pay qualifying claims. 4 Independent professionals are employed to ensure 1 The correct amount of monies have been paid in for the Certificates issued 2 The 14 day claims from Holders of the Reclaim Certificate are correctly registered 3 The 28 day claims from Holders of the Reclaim Certificate are correctly registered 5 The benefit that would have gone to the Holders that did not bother to claim correctly is then made available to the Holders who did claim correctly consequently boosting the amount they receive from the guaranteed percentage up to BUT NOT exceeding 100%. The Reclaim Challenge, WILL YOU BOTHER to claim! Why does it work? SLIPPAGE! What is slippage? Slippage is the number of people who dont bother to claim UNCLAIMED MILLIONS |
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