Terms of Service

Perks Private Benefits

Audience

Individuals, Families, Unions,
Associations, Clubs, etc, Corporate Sector, Government, Public, Private Sectors

 Purpose

  • Prizes, Savings , Education and Training

  • Monthly Income, Retirement

  • Marriages, Real Estate Purchase

  • Business investments, any other needs

 Purchase
Procedure

The Metropolitan Perks can be purchased
for self, sponsored or nominees from  our
website metrohitech.com  from Issuer,
Distributor, Districts Managers or authorized Representatives upon filling out
one line or printed application and signing agreement.

The value of each units is as follows: The current prices are available in the shopping car products.!

  • Perks full Package  300.00 per month
  • Perks Benefits 100.00
    per month
  • Perks Incentives 100.00
    per month
  • Perks Education
    Assistance 100.00 per month

  • Perks Prizes values are
    as follows  5, 10, 20, 25

Initially three units of each certificates
are to be purchased.   Afterwards, there
is no minimum or maximum purchase limits. 
Later for the same account investors can purchase either only prize
certificates, investments certificates or both. 
They can be purchased in multiple units. 
There is no maximum limit. 
However, in order to available government benefits maximum limit
for  one account holder and nominee is
C$50,000.  

The above limit also applies to insurance
coverage.   The MG can also arrange
insurance coverage for health, death and disability.

Account
Numbers

Each account holder is allotted a country
wide eight digits unique account number.  

Prize Certificates Numbers

Prize Certificates have series and serial
numbers as follows:  System generate
these numbers

Series                         Serial Number

PCA                             1
to 10000

PCB                             1
to 10000

The series go up to PCZ and son on.   The purpose of these numbers are to
allocated unique multiple numbers to one account and include them in the prize
draw.

Investment Certificate Numbers

The investments certificates also have
unique number

Series                          Serial
Number

ICA                              1 to onward

ICB                              1
to onward

The certificates are issued and tied
within an account numbers with multiple unique certificates numbers issued to
one account

Accounting Principals

Accounts are maintained as per GAAP

Methods of Deposits and Payments

Investment deposits are to be made into
one of the Metropolitan Group Accounts by using;

  1. Debit/Credit Cards
  2. Cheques or Bank Drafts
  3. Money Transfer by Western Union, Money Grams
  4. Wire Transfer using Swift Code
  5. Or calling over phone and authorizing for deductions

The Accounts of Metropolitan Group in
Canada  are;

  1. Institution Name CIBC

Address:

Institution
Number

            Account
Number

            Transit
Number

Swift
Code

  • Name of Bank: TD  Canada
    Trust

Address:

Institution Number

Account Number

Transit Number

Swift Code

The deposits are accepted by Issuer and
Distributors only.   The district
managers and representatives can accept the cheques or debit credit card information.   However, they cannot process any deposit or
payment.   They have to forward to papers
to issuer or distributors as soon as the deposits or payments information are
received.

Withdrawal and Encashment

The withdrawals, enchasments and prize
claims are to be sent to Issuer or Distributors online or on printed
applications duly filled and signed by accounts holders.   The payments will be credited to investors’
accounts with MG, sent to investors by cheques or deposited into their bank
accounts within 5 to 10 business days.

Sale

The sale of prize investment certificate
started from first of each month and end at last day of the month when business
hours ends. 

When on line sale will be available, then
time will be from 00.01 to 24.00 hours.

The cut
off date will be last day of the month.  
The certiticates sold during one month will be included in the following
draw.  After that they will go out of the
draw diminish the value expect prize winning amounts.

Cancellation of Sale

Prize
Certificate sale can be cancelled before last month of each sale.   !5% will be deduced from refund and 85 will
be refunded to investors.

Cancellation
of Investment Certificates will have 100% refund + return on investments.

The prize draws are held monthly on 10th
of each month.  Draw results are
published on MG website, in newspapers and sent to Media News. 

Prize
Claims

The prize winners are required cheque if
they have win any prizes and should contact issuer or distributors in writing
by filling online or printed application form within three months of the
draw.   Signed copy of prize certificate (s)
with government issued photo id are to be sent for payment processing.

Unclaimed prizes will be kept in MG’s
account for further three months for investigations.   After six month, the winning amounts will be
transferred to MG account and winners will no longer be eligible to claim those
amounts.

Guarantee – Pool of
Investments

The money will be kept and backed
by Pool of Investments to be held in the trust accounts of MG will be insured
as per country’s regulations.

 Transfer and Amendments

The prize investments certificates are
transfer able, however written requests are to be sent to MG or Distributor to
process any transfer or amendments.

Deceased

If any accounts holder or
nominees dies, that needs to be notified to MG or Distributor for updating
records.   The death certificates are
required to be submitted to such changes.

Prize Money Distribution

Prizes/Investors          90.0%

Special Plans                2.5%

Cash in Hands             5.0%

Distributors/Resellers   2.5%

Total ………………..……100.00%

Perks Money Distribution

Original                                    90.00%

Funds Manager                        02.50%

Cash in Hands                         05.00%

Distributors/Resellers               02.50

Total Investments…………100.00%

Reinvestments Money Distribution

Govt
Securities/Bonds             25.00%

Govt
Treasury Bills                  25.00%

PPN                                         05.00%

Cash in
Hands                         05.00%

Special
Plans Allocation          02.50%

Guaranteed
Income Investments          20.00%

Secure
Income Business                      18.50%

Total Reinvestments………     100.00%

 Return on Investment
Calculations

 Yearly
contribution of C$1000

Year    Rate                                        ROI

1-5       1000
x 10% = 100 x 5 =         1500

6-10     1000
x 13% = 130 x 5 =         1650

11-15   1000
x 15% = 750 x 5 =         1750

Gross ROI                                          2900

+ Prizes

+ 2.5 of ROI Scholarships
and Loans

+ Government Benefits

Return on Investments Distributions

Original Investors    97.50%

Special
Plans                                        02.50%

Total Return on Investments…….…100.00%

 Perks Period

Prize Investments with return on
investments are to be kept in Savings Accounts for maximum 15 years.  After that new accounts will be opened and funds
will be transferred to investors’ new accounts. 

 Marital Status

 Marital status needs to notified to the
MG or Distributor for updating the records

Ownership

MG is issuer of Metropolitan
Perks.  Purchasers are owners of plans, distributors
and resellers will be will be   authorized
resellers of the plans. Investors own the investments with prizes and return on
investments

 Legal

Plans will be issued as per
Finance Policy 15 and are The Perks are protected by at least 10 employment
laws and National Finance Policy Number 15.

 Taxation

This prizes and returns on
investments will be tax free.  Financial
Statements will be maintained.  MG will
file business tax returns annually.  
Distributors will file their tax returns in the country of issue

Agreement
Instruments

MG forms, brochures, Application
Agreement,

Receipts, Encashment forms and
other written and signed documents are agreement instruments

 Prize Claims

Filled
and signed applications submitted to MG in person or by mail to MG Head office
or Distributors. Prize money will be processed within 10 business days,
credited to investors’ accounts and will be transferred to banks accounts upon
written requests only.  Theoriginal certificate, copy of
government issued id and copy of certificate with filled form required

 Prize Draws

Will be held every 10th of the
month.  Manual or computer system will be
used for prize draw.  Results will be
posted on MG websites, newspapers.  Printed
prize winning lists will be available with MG, distributors and Resellers
locations.  Mail information will be sent
to Investors

 Financial Statements

Following financial statements will be
available to public on Mg website or upon requests:

  1.  Individual accounts
    Statements
  2. Balance Sheets of MG Financials
  3. Statement of Operations
  4. List of Investments Portfolio
  5. Auditors Reports
  6. Statement of Assets and liabilities
  7. Statement of Changes
  8. Statement of Investments
  9. Subscribers
    Contribution
  10. Fair Value Statement
  11. Savings Accounts
  12. Credit Ratings