VASP Pre-Payment Guidelines

VASP Pre-Payment Guidelines

OUTLINE Client Registration Funding of Account Nominating Authorized Clients Features

CLIENT REGISTRATION

CLIENT REGISTRATION PROCEDURE NOTES / REMARKS Go to E-Konek website: www.ekonek.com and select VASP-PPA (VASP Pre-payment System) from the list of E- Konek system-applications. To obtain your username & password, kindly register first. Please click Register button. Registration Form will be displayed. Fill-out all fields, then click Submit Registration button.

CLIENT REGISTRATION PROCEDURE NOTES / REMARKS Confirmation message will be prompted. Click OK button to continue the submission, or Click Cancel button to cancel the submission Assigned pre-payment account number will be sent to the email you indicated in the registration form. For your convenience, you can also use your existing Prepayment account in Auto IP (eips)

NOTE: CLIENT REGISTRATION Replenish the amount every time the balance falls below the alert level Monitor the Pre-payment account that you are using for AUTO IP and AEDS regularly. If your forwarders/brokers are the one funding your lodgement fees, please advise them to authorize you in the VASP Prepayment. Exporters can also set-up their own vasp pre-payment account for back-up purposes.

CLIENT REGISTRATION Summary Enroll in E- Konek VASP Pre-payment Pre-payment Account Number will be issued Deposit Prepayment fund to E-Konek Bank Account Fax or email to E- Konek validated deposit slip Upon verification of deposit slip, E- Konek will encode the fund details into the system Client can now transact with the VASP system

FUNDING OF ACCOUNTS

INITIAL FUNDING To Assist you in setting up your VASP Pre-Payment Account Funding, E-Konek Pilipinas Inc. will be financing your initial fund which is subject to two options; OPTION 1 E-Konek Pilipinas Inc. will finance your transaction for the first two months which will be billed manually for each month. OPTION 2 E-Konek Pilipinas Inc. will finance your transaction for the first month which you should replenish after a month.

INITIAL FUNDING OPTION 1 E-Konek Pilipinas Inc. will finance your transaction for the first two months which will be billed manually for the succeeding month. NOTE: Billing system for option one is still subject to the client s billing cycle.

1st Month upon setting up the VASP Pre-Payment Account 2nd Month upon setting up the VASP Pre-Payment Account 3rd Month upon setting up the VASP Pre-Payment Account TRANSACTION Initial Funding Billing for the 1st month. Prepare the amount to be allotted for the 3rd month Billing for the 2nd month Funding for the 3rd month DESCRIPTION E-Konek Pilipinas Inc. will finance the fund for your VASP PPA for the first 2 months upon registration This will give you time to prepare the funding for your VASP Pre-Payment Account for the 3rd month or when the amount reached the credit limit E-Konek Pilipinas Inc. will bill you depending on the number of transaction consumed under VASP PPA within the previous month You may now prepare the fund for your VASP PPA for the succeeding months E-Konek Pilipinas Inc. will bill you depending on the number of transaction consumed under VASP PPA within the previous month You may now set-up the fund for the 11/17/10 succeeding 15:01 months

INITIAL FUNDING OPTION 2 E-Konek Pilipinas Inc. will finance your transaction for the first month which you should replenish after a month. NOTE: Billing system for option one is still subject to the client s billing cycle.

1st Month upon setting up the VASP Pre-Payment Account 2nd Month upon setting up the VASP Pre-Payment Account TRANSACTION DESCRIPTION E-Konek Pilipinas Inc. will finance the fund for your VASP PPA for the first month upon registration This will give you time to prepare the funding for your VASP Pre-Payment Account for the 2nd month or when the amount reached the credit imit E-Konek Pilipinas Inc. will bill you depending on the number of transaction consumed under VASP PPA within the previous month INITIAL FUNDING Initial Funding Billing for the 1st month. Prepare the amount to be allotted for the 2rd month Billing for the 1st month Funding for the 2nd month You may now prepare the fund for your VASP PPA for the succeeding months E-Konek Pilipinas Inc. will bill you depending on the number of transaction consumed under VASP PPA within the previous month You may now set-up the fund for the succeeding months

FUNDING OF ACCOUNT You can deposit your fund to any Land Bank of the Philippines (LBP) or Bank of the Philippine Island (BPI) branch by reflecting the following particulars in the deposit slip: Account Name: E-Konek Pilipinas, Inc. LBP Account Number: 2512 1010-73 BPI Account Number: 8181 0033 33 Please send us the machine validated deposit slip thru; Email: billing@ekonek.com or marketing@ekonek.com Fax : (02) 879-4207 (ATTENTION: Ms. Regine Ringor or Ms. Jennifer Dizon of E-Konek) Landline: 02-879-4207 / 02-994-4971 Skype: reginemayringor

FUNDING OF ACCOUNT Indicate the company name to the fax / scanned copy Note that Non-bank deposit will not be acknowledged into the system E-Konek VASP Administrator will fund your VASP Pre-payment Account according to the declared amount in the validated deposit slip.

NOMINATING AUTORIZED CLIENTS

NOMINATING AUTHORIZED CLIENTS Log on https://www.ekonek.com /vaspppa Input your username and password 1. Click Account Manager 2. Under Account Manager, click Account Maintenance 3. then click Maintain Authorized Clients

NOMINATING AUTHORIZED CLIENTS 4. Choose the client you wish to authorize from the dropdown list 5. Select The Product Code you wish to assign the clients 6. Click Add to List Note: You can authorize more than one client at a time simply by repeating the last 2 steps

NOMINATING AUTHORIZED CLIENTS 7. After hitting Add to List button, the selected broker will be added to the list Mark the check box provided for each selected client, then click Submit button. In UNAUTHORIZING the client in using your prepayment account, just click Unauthorize button on the right side of the client name After hitting the Unauthorized button, successful message will display on the top of the page and the client name will be deleted in the list of authorized clients and can no longer use your repayment account.

FEATURES

Features Online query Account Balance As other features of the VASP prepayment system, we have available reports that is accessible by you and we believe will be of great aid to your needs: First we have, Online query - account balance, here you will see the current balance of prepayment account, also we can set up in the system an alert threshold amount, wherein if that amount is reached an alert will be automatically sent to you to remind you to replenish your account

Features Online query Account Balance

Features Online query Account Ledger 2 nd, we have the Account Ledger, here you can see the detailed debit and credit transactions of your account, every movement in your account can be found here: funding details, transaction fee details, discounts and other charges applied, account adjustments.

Features Online query Account Ledger

Features Online query Deposits/Funding 3 rd, we have the Schedule of Deposits report, wherein basically you can view all funding details entered in your prepayment account

Features Online query Deposits/Funding

Features Transaction Acknowledgment Receipt 4 th, which we think is the most important for you is the ability for you to print an acknowledgement receipt of the VASP fee that we collected from you. With this capability you do not have to wait for our billing for you to bill your clients.

Features Transaction Acknowledgment Receipt

Transaction Report Features

Thank You! 459-2133 marketing@ekonek.com