MLDS Updates On 1 Aug 09:00 CET, the claim function in MLDS will be replaced by the payment and fulfilment option. Please be reminded to claim all your SiteTalk OFCs for all your accounts before this date as there will be no further extension and all unclaimed SiteTalk OFCs will be forfeited after this date. You will need to ensure that all accounts (online, earnings, mandatory) are not in negative when you then logon to MLDS. You will not be able to finalise the process with any negative balances on the mentioned accounts. Upon logon, each individual account holder can opt for one of the following: Option 1 - 30 euro via PayPal (or 40 USD via UnionPay or AliPay) for the delivery of a physical Certificate of Ownership to an address that you specify. • You will need to dematerialise your certificate with your own broker before you can start trading. There may also be separate charges imposed by your broker and/or firm with dematerialisation of certificates. • We apologise that this option is not available for Bangladesh, Pakistan and India members without a PayPal account as UnionPay/AliPay is targeted for the Chinese market and thus in Chinese only. • You will be asked to specify the shipping recipient, address, email and full contact number. This is independent of the KYC details appearing on your certificate. • Upon successful payment, once we have arranged for your certificate to be shipped, you will receive an email on your shipment tracking number and an URL to track shipment status. • We estimate that it will take about 10-14 days from date of payment to delivery, provided that your shipping address is valid. Option 2 - 50 euro direct to an MLDS-appointed broker, RadproMarkets (RpM) for the account opening and KYC • You must specify a valid email which RpM will use to contact you. • We will send your contact and certificate details electronically to RpM by the next day. • RpM will contact you regarding your account via this email by the following day. • No physical certificate will be sent to you in this case. Regardless of which option you select, all statements already claimed under a particular account at that point of payment and fulfilment will be combined into one Certificate of Ownership to be sent either physically (in option 1) or electronically (in option 2). Once this Certificate is generated, the entire claim and fulfilment process for that account is deemed to be complete in MLDS; no further changes can be accommodated. We understand that there are members who have claimed their statements individually for each account and thus are required to pay between 30 – 50 euro for each account. We are not able to accommodate requests to move any previously claimed statements to be accumulated to another account, due to regulations imposed by the authorities. To minimise the costs of fulfilment for each account, we recommend that you select the electronic option with RpM (option 2) as we will arrange for RpM to top-up your shares from subsequent account opening requests with the SAME email address at the cost of 50 euro per account opening. Thank you.
Posted on: Fri, 26 Jul 2013 13:54:09 +0000
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