LifeVantage - Commission Payout to Distributors in the Philippines

Posted by Heidi Lopez

LifeVantage Independent Distributor

LifeVantage Enroller ID # 887146
http://www.mylifevantage.com/HeidiLopez 

Commission Payout

•     Weekly bonuses are paid on Tuesday of every week.

•     Monthly bonuses are paid on the 20th of each month.

The payment options are:

•    ACH Direct Deposit

•    Managers Check – To be picked up at a Union Bank branch that you select

•    Union Bank debit card

*All commission payments will be made in pesos.

Commission

How can I sign up for the debit card commission payout option?

Distributor chooses the Union Bank debit card payment option in their back office and enters their bank account number associated to their account/card.    Distributor will need to set up the account directly with Union Bank.

How can I use the debit card?

It is a Visa card and can be used at any merchant that accepts Visa.

Do I have to sign up for a new bank account to get the debit card even if I already have an account with Union Bank?

No, a distributor can use their existing account to receive an ACH payment, or they can use their existing account and (through Union Bank) add a debit card.

Will there be a processing fee applied to commission payouts?

Yes, the processing fee will be ₱150.