Bill Paying Solutions (BPS)

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Bill Paying Solutions(BPS)
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Specially designed for your Clientele

• Bill Paying Service
• Payments such as Electricity, Maintenance,
  Providers, Retail Stores and any other payment in
  US Dollars
• Timely payments service in the USA
• Bank account not required
• Competitive Fees
• Outstanding top quality customer service
• Physical offices located in Miami, Florida
• Personalized Customer Support

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Benefits

• Assurance of execution of payments as requested
  by the client
• Efficient, Accurate and Timely service
• Paperless processing
• Information maintained in a confidential basis
• Expertise
• Strong international banking background
• Solid customer service experience
• A DDA is not required
• Funds of Clients reside with the Bank
• Payment will be executed upon receipt of funds

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How does it works?
BANK send payment(s) request(s) from client(s) to
SPG Miami
Banks client request payment(s) to be made
SPG Miami proceeds to pay as per received
instructions
Check from SPG Acct
Payee
Payee
Payee(s)
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Requesting a Payment

• Step 1 the Client
• Client request payment to Bank through Set up
  Form (click to see)
• Client provides copy of bill or statement
  showing amount to be paid, payee name, account
  number and due date
• Client makes funds available to Bank

• Step 2 the Bank
• Bank sends payment(s) request to SPG Miami using
  a Set-up form for each Client via email, fax or
  regular mail with copies of bill or statement
• Bank must make funds available to SPG Miami in
  order for SPG to proceed with requested
  payment(s) at least five (5) days prior to due
  date of each payment

• Step 3 SPG
• SPG Miami sends requested payment to each payee
  or provider, as per received instructions
• SPG Miami sends a Payment Detail (Click to see)
  and Statement (click to see) for each client to
  Bank
• Bank provides both Payment Detail and Statement
  to each client

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Price Comparison
PAYABLE THROUGH BPS PAYABLE THROUGH BPS PAYABLE THROUGH BPS PAYABLE THROUGH BPS PAYABLE THROUGH BPS
Costs US Costs US
Monthly Maintenance 38.00 Monthly Maintenance 9.95
Checks Checkbooks Checks Checkbooks
Checkbook (25 checks) 19.00 Checkbook (25 checks) Not Required
Cost per transaction 1.19 Cost per transaction/payment 6.50
NSF Check 32.00 NSF Check Not Applicable
Stop Payment 15.00 Stop Payment Not Applicable
MRB (Minimum Required Balance) 350,000.00 MRB (Minimum Required Balance) Not Required
Minimum monthly charge 6,000.00 Set-up Fee per customer 25.00
Implementation Fee (Bank) Implementation Fee (Bank) 7,500.00
Access to System (monthly) 300.00 Electronic Statement and Detail No Charge
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Requirements

• Signed agreement (click to see) by Bank,
  including
• Number of Clients
• Set-up form (click to see) for each Client
• Customer Profile (click to see) and copy of Photo
  ID for each Client
• Waiver (click to see) signed by Client
• SPG will identify and assign a control number to
  each client.
• Funds must be received five (5) days prior to
  payment due date to
• SPG Consultants Intermediaries LLC
• Bank of America
• ABA 063100277
• Account 004435732583
• SPG will send email or fax with Payment Detail
  (click to see) and Statement (click to see) for
  each client

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Contact Information
9737 NW 41st Street, No. 480 Doral, Florida
33178 Tel [phone] Fax [phone]
Lincoln I. Smith email lincoln_at_zygnite.net Cel.
305 776 0566
Carlos R. Pareja email carlos_at_zygnite.net Cel.
305 632 2241