How to become a Stockist? Stockists are designated by Amega at our discretion. Affiliates wishing to become stockists must send in signed Application forms to the Amega Singapore office. Upon approval of applications, Stockists can order up to a maximum of 330 products. Amega Global offers a cash discount of 560$ for 1 stock lot ordered and in increments of 140$ for each 11 from thereon, provided the payment through efunds is less than 50%. Example: Product Qty (Pcs) Discount (USD) 44 560 55 700 66 840 77 980 88 pcs with a USD1120 (140x8) discount and so on... As Amega Global continuous to grow globally reaching more than 120 countries, with our affiliates widespread over large areas in different corners of the world, Amega recognizes the need to better service the growing demand of our Affiliates. With this in mind Amega Global is proud to present the Distribution Center (DC) system. DISTRIBUTION CENTER ORDERING FROM A DC Affiliates now have the option to order from either the Country Agent, the central office
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How to become a Stockist?
Stockists are designated by Amega at our discretion. Affiliates wishing to become stockists must send in signed Application forms to the Amega Singapore office.
Upon approval of applications, Stockists can order up to a maximum of 330 products.
Amega Global offers a cash discount of 560$ for 1 stock lot ordered and in increments of 140$ for each 11 from thereon, provided the payment through efunds is less than 50%.
Example:
Product Qty (Pcs) Discount (USD)
44 560
55 700
66 840
77 980
88 pcs with a USD1120 (140x8) discount and so on...
As Amega Global continuous to grow globally reaching more than 120 countries, with our affiliates widespread over large areas in different corners of the world, Amega recognizes the need to better service the growing demand of our Affiliates. With this in mind Amega Global is proud to present the Distribution Center (DC) system.
DISTRIBUTION CENTER
ORDERING FROM A DC
Affiliates now have the option to order from either the Country Agent, the central office of Amega in a Country or from the Distribution Center, Amega's approved distributors in a City. With this, members of Amega can now order products from a distributor within their city, this will lessen the shipment timeframe and thus giving you more time to work on your networking.
APPLICATION TO BECOME A DC
In order to become a Distribution Center the Affiliate is required to be an approved Stockist with a Leadership status of at Diamond at least.
The Afffiliate is required to fill up an application form. The form is available only at the Singapore office as Affiliates who are applying will be reviewed.
The Distribution Center will be approved after a thorough whetting of the Application by the company.
ORDERING OF A DC FROM LLC
For a first time DC order the minimum order is 528 products paid in full cash. All subsequent orders must be for a minimum quantity of 528 products or in increments of 132 thereafter (e.g.
660, 792...) All payments to be made to Amega Global LLC to the designated Bank Accounts.
The DC will have to send a request for the list of products that he wants to order. Amega Global LLC will process the order and will only be dispatched after payment has been realized by the Company.
DISCOUNT FOR DC ORDERS
The DC is entitled for a Stockist and DC Discount.
e.g. Order Value $128000 (528pcs) Stockist Discount
$6720
Nett Value $128000 - $6720= $121280 DC Discount $121280 * 2% = $2425.60Cash Payable $118854.40
TERMS AND CONDITION
The Minimum order must be for 528 products. All subsequent orders must be for a minimum qty of 528 products or in increments of 132 thereafter (for ex. 660,
792, etc) The first Distribution Center order is fully payable by Cash. All payments to be made to Amega Global LLC to the designated Bank Accounts Products would be dispatched after payment is realized by the Company. Payment for subsequent orders to be made by a max of 50% eFunds (In order to avail the stockist discount and
the 2% discount) The Distribution Center should not do commission releases for the Affiliates on behalf of the Company The Distribution Center should not undertake exchange of Products under the Extended Exchange program or
under the limited Warranty scheme. The Distribution Center is not allowed to choose the orders that he/she can process. The Distribution Center has to bear the Shipping and handling charges for the products to be shipped out to
him/her. The stock with the Distribution Center cannot be returned, but can be exchanged for other models. The Term of a DC is for a period of 1 year, after which it can be renewed.
Amega Global retains the right to terminate the DC at any point of time, without assigning any reasons, whatsoever.
How to Sign-up and Purchase?
The Sponsor plays a vital role in assisting the prospect at the sign-up stage. A person can only sign up by purchasing a product
a. From Stockists Products can be purchased from Stockists by the Sponsor by paying cash/Efunds at the time of purchase.Upon purchase of product(s), the stockist will transfer the IDs corresponding to the products purchased. The sponsor has to sign-up the prospect by entering his personal details and activating the sign up using the IDs transferred. This feature is available in the Cyberoffice.
b. Purchase products
The sponsor has to sign-up the prospect by entering his personal details and activating the sign up using the IDs purchased.
c. Using Efunds Prospects can be signed up by activating the account using the online purchase feature available in the Cyberoffice. The sponsor can use one of his IDs to sign up the prospect. The products will then be shipped out to the address entered by the Sponsor for the prospect.
The name, products of your choice and other details should be typed correctly and the onus for the same rests upon the Sponsor. Take note that changes in placement will only be allowed by the system within 24 hrs. Wrongly keyed-in details like Introducer BA, Owner Name and Owner ID will not be entertained by the company, for this will be considered as negligence
COMMISSION RELEASE FOR INDIA
Please be informed that all commission releases for India will be done via our local subsidiary AMEGA GLOBAL WELLNESS PVT. LTD. , effective from 29-09-2008.
Commission Release Terms and Conditions
Minimum commission release amount is USD 60.00 Maximum commission release amount is USD
5,000.00 All commissions will be paid in India Rupees (INR). The company would be deducting TDS (Tax
Deductible at Source) on all commission releases. The TDS will be 10% of the total commission release. A surcharge of 3% of the TDS will also be deducted
from the commission released. The TDS and the Surcharge deduction are as per the
Income Tax rules and regulations. Exchange rate is capped at INR 43 = USD 1
Pan Card detail should be entered.
Admin charges for commission release amounts would be applicable as follows:
From (USD) To (USD) Charges (USD)
60 120 5
121 1000 10
1001 5000 20
Example:
Commission Release Request amount
USD 475
Less Admin Charges USD 465
Commission Release amount in INR
USD 465 * INR 43 = INR 19995
10% TDS and 3% surcharge
INR 2060
Total Released Commission
INR 17935/-
Cheques will only be issued in favour of the BA owner Name, as entered in our system. Please ensure Bank details are duly filled-in in your Cyber Office.
All commission release requests will be processed on subsequent Fridays.
Please be informed that if the commission payment does not reach you, you are to inform us within 7 days of the non-credit of commission into your Bank Account.
How to make payment? Once the order has been placed and confirmed, you can arrive at the amount payable by converting the USD figure to INR using a fixed rate of INR 47 per USD.
Payment can be remitted using online transfer/TT to our bank account as mentioned below:
Account Name Amega Global Wellness Pvt Ltd
Bank Name Bank Of India
Branch Overseas Branch, Chennai
Account No. (INR) 8025 2011 0000077
RTGS BKID 0008025
Swiftcode BKIDINBBMOS
Bank name ICICI Bank
Branch Dr. RK Road Branch
Current Acct. No. 602205044355
RTGS/NEFT/IFSC Code:
ICIC0006022
Alternatively, you can pay cash directly at our India office. Please be reminded to collect the payment receipt once the payment has been made.
In order for us to expedite your order, please fax us the copy of the TT/deposit slip along with the BA Name and Order No. to +914428481184 Note: If there is a shortfall in payment, the company has the right to withhold such order until the bank charges are remitted to us.The company does not accept post-dated cheques, debit and credit cards for security reasons.
Amega AMwand Code- AMW902
Price:USD 298 DPB:0 PV:5
BECRUX Black and Gold Ion Necklace Code- ATI1003BGN
Price:USD 290 DPB:0 PV:3
CASTOR Black and Gold Ion Bracelet Code- ATI1001BGB
In tune with the recent updates and financial regulations, Amega Global is proud to announce the following:
No Commission to eFunds transfer and there would be no RV to Efunds transfer- The system will not allow affiliates to transfer commission or RV to efunds. Amega Global had the feature to transfer Commissions to Efunds in order for leaders to collect Efunds from Affiliates and release commission as there was no office to do commission Release. Affiliates can continue to redeem products from the company using their RV.
Automatic Commission Release - The system would automatically release commissions on Mondays and Thursdays, provided there is more than 60$ accumulated in the commission statement. This ensures instant rewards and realization of their hard work for Affiliates.
TDS for Purchase of Products using Commission -Since Commission earned by Affiliates is equivalent to cash, Amega Global will be deducting TDS (10% TDS and 3% surcharge) for all purchases of products using Commission / RV.
Pay Direct Card to Affiliates:Amega Global has tied up with ICICI Bank to provide Pay-Direct Debit cards to our Affiliates as a means to release their commission. These cards are available at a nominal charge of Rs. 400 + Admin charges. This amount would be commission deductible. These cards are issued only to Diamonds and above.
With these implementations, Amega Global has met a long standing request from Affiliates to regularise the flow of Efunds. This also helps in easing tax-related issues as TDS is collected during commission release
Please be informed that the above mentioned measures will come into effect from 01-10-2008