Wealth 4 all team update

Today we've received an update from our Wealth 4 all team. Here are the most important points in it:
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1. TWO MILESTONES ACHIEVED!!  This is a big deal and you should all be proud and happy of the announcement.  First, we reached $100,000 in withdrawal payments in ONE DAY.  Yes, after the PSU Payments were placed in your back offices, we reached  that milestone. While some programs boast of paying $100,000.00 in a month we are doing it in ONE DAY!  Second, and this one is important, we have surpassed the $1,000,000.00 mark in payouts to our members!!  It just took 5 months after unveiling the new pay plan in January, just amazing.

2. IMPORTANT I-PAYOUT INFORMATION.  Based on some of the problems arising in the financial markets with third party processors like Payza, STP, Liberty Pay, etc., here is the information about deposits into I-payout from banks and withdrawals out of I-payout and the corresponding time frames:

The following countries ALLOW eWallet deposit trough ONLINE BANKING, that is  Money Flowing FROM BANK TO E-WALLET: (As long as the bank participates in providing online banking functions).

United States, Austria, Belgium, Germany, Netherlands, Switzerland, Australia,                 New Zealand

Users will simply be guided through the process by the i-payout system once the deposit is initiated.

BANK TO EWALLET deposits OUTSIDE THE ABOVE MENTIONED COUNTRIES will have to be done manually. Once they initiate the deposit through the I-payout system, they’ll be given instructions by the system that they can print or copy and you can take to the bank. The information will include accounts numbers and all you need to make the deposit.

Deposits from a bank account in the United States should take about 24 to 48 hours. Deposits from the other allowed countries could be longer up to 96 hours.  This is a banking system delay not I-payout.

Deposits from the OUTSIDE countries (those that must do deposit manually) can take 5 to 10 days depending on the country.  Again, this is not an I-payout delay, rather a function of the banking systems for those countries.

As for EWALLET TO BANK transfers.  Transfers to the following regions have NO DELAY:

United States
Canada (USD or CAD)
European Union (EUR only)
Singapore (SGD)
Australia (AUD)
New Zealand (NZD)
Israel (ILS) – discount wire ($6.50)
Russia (Rbl) – discount wire ($6.50)
China (RMB)

Regular eWallet to bank transfers to other countries may encounter a delay again, based on the countries banking system.

The wire option is available in USD for ALL regions. The funds will be delivered within 24-48 hours after the company approval.

Please come to the training we offer every Saturday at 2:00pm delivered by Stan Tsoumas, where we go into details of the system and a live question and answer session to answer any and all of your questions.

4.-     SOLID TRUST PAY, PAYZA WILL BE DISCONTINUED.  As of JUNE 30th, 2012, we will discontinue DEPOSITS from Solid Trust Pay, Payza and any other third party broker.  The reason for this decision is very simple.  There is a lot of scrutiny from the US government on these institutions and they must comply with a mountain of paperwork and regulations in order to do business in the United States.  When they do this on a state by state basis, they must close all transactions for that state or receive huge fines and even imprisonment.

As of right now, we have over $500,000.00 in those two processors and we as a company can not afford to have that money locked up or held hostage by those companies.  Remember, this is your money along with ours and we must protect it.

We will still allow withdrawals from Solid Trust Pay (STP) so that we can lower our liability with them and eventually bring the account to Zero.  But once we have taken our money out, we will not allow deposits and or withdrawals from them any longer. The same goes for any of the third party processors, they must all go thru the same process.

I know this may be inconvenient for some of our affiliates and new people coming into the company, but it must be done.  I am sure not a single one of you would like to hear that we can not pay your commissions for 6 months to a year because our money is locked up by one or more of these processors.  I-payout offers many different ways to get money in and out of wealth4all and I-payout deals directly with our bank accounts so there will never be a situation with them where we have no access to our money.

If, in the future this situation changes and it is remedied, then we will act accordingly and deal with those companies that can do business in the states again.  But until this is not all done and sorted out, again as of JUNE 30TH, 2012, We will not accept deposits from Solid trust pay or Payza !

3. LAST BUT NOT LEAST, PHONE SUPPORT!  Well my friends, we are getting big, this baby is growing and we need to grow with it.  We will be implementing our phone support department starting next week.  We have brought on board a support veteran that will streamline our system and take care of all of you! We are hopping to reduce the hundreds of calls that Danny, myself and others are receiving everyday.  You will now have multiple phone support options and hours so that you can get your questions answered in a courteous manner and with a smile!