7/27/2019 Bank Settlement Process

1/15

C typkfca Pcyehot Vhttahehot Prbfhss

Lbl wcots tb shoj ebohy $300 tb Icmh coj ushs (gbr hxcepah) cEblkah tb Eblkah (P

7/27/2019 Bank Settlement Process

2/15

C typkfca Pcyehot Vhttahehot Prbfhss

Ahts ush tdh hxcepah clbvh, Lbl wcots tb shoj dks grkhoj Icmhebohy. Cssuekon tdhy crh uskon sbeh rhca-tkeh eblkah sbautkbo tdct

shojs ebohy cfrbss kostcotay.

Lbtd Lbl & Icmh crh uskon twb jkgghrhot lcoms. Vb tdh quhstkbousucaay csmhj ks dbw ks tdh ebohy kostcotay trcosghrrhj cfrbss2

Ko Lbl's lcom2 dbw jbhs tdh fbrh lcomkon sbgtwcrh ebvh ebohycoj dbw ks tdks ebohy, sujjhoay pbsthj ko Icmh's lcom cffbuot,

wdkfd ekndt lh uskon c jkgghrhot fbrh lcomkon sbgtwcrh2

Lbl Icmh

Gcksca Mdco (Pcyehots Fbosuatcot)dttp9//clbut.eh/gcksca.mdco

(f) Fbpyrkndt

7/27/2019 Bank Settlement Process

3/15

C typkfca Pcyehot Vhttahehot Prbfhss

V^KZFD

T LcomXshj ly Lbl

[ LcomXshj ly Icmh

Vhttahehot Lcom Ygbr tdh P

7/27/2019 Bank Settlement Process

4/15

C typkfca Pcyehot Vhttahehot Prbfhss

Ko ebst fcshs, c shttahehot lcom ks ushj. Zdhshttahehot lcom wkaa usucaay shttah caa tdh oht

trcoscftkbos ct tdh hoj bg tdh jcy (ct c pcrtkfuacrcobkothj tkeh coj wkaa shttah tdh oht guojs gbr caa tdh

pcrtkfkpctkon ehelhr lcoms). Ko tdks hxcepah, aht usfboskjhr tdrhh lcoms9

T-Lcom (wdkfd ks tdh lcom Lbl ushs)

[-Lcom (wdkfd ks tdh lcom Icmh ushs)Lcom Y - wdkfd ks tdh shttahehot lcom gbr caa tdhsh

pcrtkfkpctkon lcoms uskon tdh swktfd.

Gcksca Mdco (Pcyehots Fbosuatcot)dttp9//clbut.eh/gcksca.mdco

(f) Fbpyrkndt

7/27/2019 Bank Settlement Process

5/15

C typkfca Pcyehot Vhttahehot Prbfhss

T Lcom [ Lcom

Vhttahehot Lcom Ygbr tdh P

7/27/2019 Bank Settlement Process

6/15

C typkfca Pcyehot Vhttahehot Prbfhss

Ct c pcrtkfuacr tkeh, (ahts tcmh tdks fabfm gbr hxcepah), wdho Lblshojs ebohy cfrbss tb Icmh, ct ;9:0900 CE, c ehsscnh ks

nhohrcthj bo c swktfd (tdkom bg c swktfd cs c ffiocofkca rbuthr/cutdbrkty tdct lbtd tdh lcoms cnrhh-tb/akstho-tb). Zdks ehsscnh (cojahts obt nht kotb tdh thfdokfca jhtckas bg tdh ehsscnh) skepay scys, ko

c shfurh, krrhvbfclah ecoohr tdct9

"[-Lcom, pahcsh pcy Icmh XV$ 300, cs K dcvh carhcjy tcmho XV$ 300grbe Lbl, grbe dks T-Lcom".

\hehelhr, obtdkon ebrh tdco c ehsscnh ks shot cfrbss. Ob ebohycftucaay ebvhs. Iust co "kostruftkbo" (br ehsscnh).

Gcksca Mdco (Pcyehots Fbosuatcot)dttp9//clbut.eh/gcksca.mdco

(f) Fbpyrkndt

7/27/2019 Bank Settlement Process

7/15

C typkfca Pcyehot Vhttahehot Prbfhss

T Lcom [ Lcom

-$300-$300-$300 +$300V^KZFD

Lbl Lcom Cffbuot9 Jhlkt XV$ 300

Lcom-T Vhttahehot Cffbuot9 Frhjkt XV$ 300

Icmh Lcom Cffbuot9 F\HJKZ XV$ 300

Lcom-[ Vhttahehot Cffbuot9 JHLKZ XV$ 300

Gcksca Mdco (Pcyehots Fbosuatcot)dttp9//clbut.eh/gcksca.mdco

(f) Fbpyrkndt

7/27/2019 Bank Settlement Process

8/15

C typkfca Pcyehot Vhttahehot Prbfhss

Dhrh ks wdhrh tdh ecnkf tdct shhehj sb fboguskon, cftucaay dcpphos - dbwjbhs tdh ebohy ebvh2

Zdh sdbrt coswhr ks - kts jbhso't ebvh (yht!)

T-Lcom wkaa jhjuft ebohy grbe Lbl's cffbuot (XV$ 300) coj frhjkt tdks ebohy

ko kts bwo lcom Vhttahehot Cffbuot. Zdkom bg tdks shttahehot cffbuot cs coV^KZFD KBX Cffbuot, br c scghmhhpkon cffbuot.

[-Lcom wkaa tcmh ebohy grbe kts bwo Vhttahehot Cffbuot br Vwktfd KBX Cffbuot,coj frhjkt tdh ebohy tb Icmh's cffbuot.

Zdh cssueptkbo dhrh wcs, tdct wdho lbtd tdhsh lcoms jhfkjhj tb jb luskohsswktd tdh swktfd coj hcfd btdhr, tdhy jhfkjhj tdhy wbuaj ohhj c Vhttahehot

Cffbuot coj tdks cffbuot wkaa lh guojhj ly tdh lcom's bwo ebohy, wdkfd wbuajlh ushj tb guoj tdh trcosghrs, phojkon tdh cftuca oht shttahehot bg guojs.

Gcksca Mdco (Pcyehots Fbosuatcot)dttp9//clbut.eh/gcksca.mdco

(f) Fbpyrkndt

7/27/2019 Bank Settlement Process

9/15

C typkfca Pcyehot Vhttahehot Prbfhss

Ko skepah wbrjs, wh wkaa abco tdh ebohy tb wdbesbhvhr ohhjs kt keehjkcthay, lhfcush K dcvh carhcjylhho cssurhj ly tdh swktfd tdct tdh ebohy ks cvckaclah, coj ybu wkaa shttah wktd eh acthr bo.

Kg ybu cssueh tdct lbtd T-Lcom coj [-Lcom stcrthj tdh jcy wktd XV$ 3,000 ko tdhkr shttahehot cffbuots,tdho tdks ks dbw tdh ahjnhr wbuaj rhhft cs tdh trcoscftkbo wcs jboh9

Lhgbrh Zrcoscftkbo9

T-Lcom Vhttahehot Cffbuot9 XV$ 3,000.00Lbl's Lcom Cffbuot9 XV$ 300.00

[-Lcom Vhttahehot Cffbuot9 XV$ 3,000.00Icmh's Lcom Cffbuot9 XV$ 0.00

(Ahts cssueh Lbl dcs XV$ 300 boay coj Icmh dcs zhrb ebohy, ct tdh stcrt bg tdh trcoscftkbo).

Cgthr tdh trcoscftkbo ks jboh, tdks ks dbw tdh cffbuots wkaa abbm akmh9

T-Lcom Vhttahehot Cffbuot9 XV$ 3,300.00Lbl's Lcom Cffbuot9 XV$ 0.00

[-Lcom Vhttahehot Cffbuot9 XV$ ;00.00Icmh's Lcom Cffbuot9 XV$ 300.00

Gcksca Mdco (Pcyehots Fbosuatcot)dttp9//clbut.eh/gcksca.mdco

(f) Fbpyrkndt

7/27/2019 Bank Settlement Process

10/15

C typkfca Pcyehot Vhttahehot Prbfhss

V^KZFD

T LcomXshj ly Lbl

[ LcomXshj ly Icmh

Vhttahehot Lcom Ygbr tdh P

7/27/2019 Bank Settlement Process

11/15

C typkfca Pcyehot Vhttahehot Prbfhss

Jurkon tdh jcy, c abt ecoy trcoscftkbos fco dcppho, lcfm coj gbrtd gbr jkgghrhotcffbuots lhtwhho hcfd pcrtkfkpctkon ehelhr lcom. Cs c swktfd bphrctbr br

pcyehot systhe bphrctbr, tdhy tbb wkaa dcvh c Vhttahehot Lcom tb ush.

Pcrtkfkpctkon lcoms cppbkot c tkeh wdho tdhy wkaa jb oht shttahehots (trcosghrs Ko/But) wktd tdh Vhttahehot Lcom bg tdh Vwktfd Bphrctbr. Zdks ks usucaay jboh jurkon

lcomkon dburs gbr \ZNV typh bg c trcosghr.

Gcksca Mdco (Pcyehots Fbosuatcot)dttp9//clbut.eh/gcksca.mdco

(f) Fbpyrkndt

7/27/2019 Bank Settlement Process

12/15

C typkfca Pcyehot Vhttahehot Prbfhss

T LcomXshj ly Lbl

[ LcomXshj ly Icmh

Vhttahehot Lcom Ygbr tdh P

7/27/2019 Bank Settlement Process

13/15

C typkfca Pcyehot Vhttahehot Prbfhss

Vb, tdh ffioca ahjnhr bg cffbuots wbuaj abbms sbehtdkon akmh tdks9

Lhgbrh Zrcoscftkbo9

T-Lcom Vhttahehot Cffbuot9 XV$ 3,000.00Lbl's Lcom Cffbuot9 XV$ 300.00

[-Lcom Vhttahehot Cffbuot9 XV$ 3,000.00

Icmh's Lcom Cffbuot9 XV$ 0.00Lcom-Y9 Vhttahehot Cffbuot gbr T-Lcom9 XV$ 0.00Lcom-Y9 Vhttahehot Cffbuot gbr [-Lcom9 XV$ 0.00

Cgthr tdh trcoscftkbo ks jboh, tdks ks dbw tdh cffbuots wkaa abbm akmh9

T-Lcom Vhttahehot Cffbuot9 XV$ 3,300.00

Lbl's Lcom Cffbuot9 XV$ 0.00[-Lcom Vhttahehot Cffbuot9 XV$ ;00.00

Icmh's Lcom Cffbuot9 XV$ 300.00Lcom-Y9 Vhttahehot Cffbuot gbr T-Lcom9 XV$ 0.00Lcom-Y9 Vhttahehot Cffbuot gbr [-Lcom9 XV$ 0.00

Gcksca Mdco (Pcyehots Fbosuatcot)dttp9//clbut.eh/gcksca.mdco

(f) Fbpyrkndt

7/27/2019 Bank Settlement Process

14/15

C typkfca Pcyehot Vhttahehot Prbfhss

coj tdh hoj bg tdh lctfd prbfhss jcy, tdks ks dbw tdh ahjnhs wbuaj abbm akmh (hxpcojkon kt tb sdbw dbw tdh trcosghr crhecjh)

T-Lcom Vhttahehot Cffbuot9 XV$ 3,00.00Lbl's Lcom Cffbuot9 XV$ 0.00

[-Lcom Vhttahehot Cffbuot9 XV$ ;00.00Icmh's Lcom Cffbuot9 XV$ 300.00

Lcom-Y9 Vhttahehot Cffbuot gbr T-Lcom9 XV$ 300.00Lcom-Y9 Vhttahehot Cffbuot gbr [-Lcom9 XV$ 0.00

coj trcosghr tb tdh ffioca Lcom ([-Lcom)9

T-Lcom Vhttahehot Cffbuot9 XV$ 3,00.00Lbl's Lcom Cffbuot9 XV$ 0.00

[-Lcom Vhttahehot Cffbuot9 XV$ ;00.00Icmh's Lcom Cffbuot9 XV$ 300.00

Lcom-Y9 Vhttahehot Cffbuot gbr T-Lcom9 XV$ 0.00Lcom-Y9 Vhttahehot Cffbuot gbr [-Lcom9 XV$ 300.00

Gkoca trcosghr tb [-Lcom

T-Lcom Vhttahehot Cffbuot9 XV$ 3,00.00Lbl's Lcom Cffbuot9 XV$ 0.00

[-Lcom Vhttahehot Cffbuot9 XV$ 3000.00Icmh's Lcom Cffbuot9 XV$ 300.00

Lcom-Y9 Vhttahehot Cffbuot gbr T-Lcom9 XV$ 0.00

Lcom-Y9 Vhttahehot Cffbuot gbr [-Lcom9 XV$ 0.00Gcksca Mdco (Pcyehots Fbosuatcot)dttp9//clbut.eh/gcksca.mdco

(f) Fbpyrkndt

7/27/2019 Bank Settlement Process

15/15

C typkfca Pcyehot Vhttahehot Prbfhss

Obw ybu wkaa obtkfh...

T-Lcom's Vhttahehot Cffbuot coj [-Lcom's Vhttahehot Cffbuotdcvh lbtd lhho tbpphj up lcfm tb tdhkr koktkca kovhstehot bg XV$

3,000

Lbl's Lcom Cffbuot ks XV$ 0.00Icmh's Lcom Cffbuot ks XV$ 300.00

coj tdh Vhttahehot cffbuots ct Lcom-Y gbr T-Lcom coj [-Lcom crh

XV$ 0.00 hcfd cs caa dcs lhho shttahj.

Gcksca Mdco (Pcyehots Fbosuatcot)dttp9//clbut.eh/gcksca.mdco

(f) Fbpyrkndt