the access account

The Access AccountThe Access Account

04/22/23 2ConfidentialConfidential

SECURESECUREVISA reputationVISA reputation

Regulations Regulations compliance (OFAC, compliance (OFAC,

KYC, EDD)KYC, EDD)

FUNCTIONALFUNCTIONALVISA Prepaid debit VISA Prepaid debit

card accepted card accepted worldwideworldwide

eCHECKeCHECKCan be requested Can be requested

from any PC at from any PC at home or at the home or at the

office worldwideoffice worldwide

INNOVATIVEINNOVATIVEA Prepaid VISAA Prepaid VISA

Card Card PLUSPLUSElectronic andElectronic andPhysical CheckPhysical Check

Access AccountAccess AccountWhat is itWhat is it??

PRACTICALPRACTICALCash withdrawal Cash withdrawal

through through ATMATM worldwide network worldwide network 24 hours each day24 hours each day

PRACTICALPRACTICALPurchases via Purchases via worldwide POS worldwide POS

network 24 hours network 24 hours every dayevery day

PRACTICALPRACTICALCan be used for Can be used for

purchases through purchases through the INTERNETthe INTERNET

PRACTICALPRACTICALCard to Card Card to Card

transfer of funds transfer of funds WorldwideWorldwide

SECURESECURECards processed by Cards processed by

GTP (only VISA GTP (only VISA certified/authorize certified/authorize processor outside processor outside

the USA)the USA)

eCHECKeCHECKPayable in US$ Payable in US$

through a US bank through a US bank once it is once it is

authorizedauthorized

SECURESECURECardholder must Cardholder must

use a PIN (Personal use a PIN (Personal Identification Identification

Number) known Number) known only by him/heronly by him/her

PHYSICAL PHYSICAL CHECKCHECK

Available to all Available to all account holders account holders who request itwho request it

INNOVATIVEINNOVATIVEAllows user accessAllows user access

to USA Bankingto USA BankingSystemSystem


The Access AccountThe Access AccountComplementary FeaturesFeatures

Real time crediting and debiting of deposits and purchases to mitigate risk

On line complete transaction history and a detailed activity report Access to financial networks: STAR, Pulse, Cirrus, Maestro

Loaded using online & over-the-counter banking (local bank branches), selected POS, wire transfer

The ability to direct deposit cardholder’s funds to their account Telephone access capabilities (IVR)


One-stop management for Enrollment Registration and activation of cardholders Activation, loading and reloading

Customer satisfaction Customers can load funds at Bank’s branches Bank act as local customer service center Retains customer loyalty

Cost reductions Easy on-line changes to customer’s profile Single infrastructure to manage & control Free any-time reports on-line

The Access AccountThe Access AccountBank is in controlBank is in control


The Access AccountThe Access AccountRequirementsRequirements

Through a controlled website and with a private password, it is possible to enter consumer information to activate, load, and reload the Cards

Cardholder must fill out an application with personal data• Name and birthday

• Second name – for security purposes

• Valid Photo ID (passport, license, etc.)

• Address Customer/Bank must send application to Processor

• By Fax or Email

• Including copy of the photo ID


The Access AccountThe Access AccountComparison AnalysisComparison Analysis

PayableThrough

Transactionsvia Teller only

Check BookAvailable

Payment ofBills

Access toUS Banking

AccessAccount

Access toUS Banking

Payment ofBills

eCheckcapability

Worldwide ATM& POS access

DemandsMinimum Bal.

NO minimumBalance req’d

Cost of US$38per month

US$15/monthmaintenance

Limited No.of Branches

Cash ($$) withdrawalsPurchasesEvery dayWorldwide

Or minimumBalance

plus PhysicalChecks


The Access AccountThe Access AccountPrice ComparisonPrice Comparison

PAYABLE THROUGHPAYABLE THROUGH ACCESS ACCOUNTACCESS ACCOUNT

Costs US$ Costs US$

Monthly Maintenance 38.00 Monthly Maintenance 15.00

Checks & Checkbooks Checks & Checkbooks

Checkbook (25 checks) 19.00 Checkbook (25 checks) 7.50

Cost per transaction 1.19 Cost per transaction 0.85

NSF Check 32.00 NSF Check 32.00

Stop Payment 15.00 Stop Payment 15.00

MRB (Minimum Required Balance)

350,000.00 MRB (Minimum Required Balance) 500,000.00

Minimum monthly charge 6,000.00 Cost per account-one time (includes use of debit card/checks). Reduced to $25.00/account in 2nd year

75.00

Access to System (monthly) 300.00 Access to System-24/7/365 No Charge


Launching of our first version of theLaunching of our first version of the Access Account, including echeck Access Account, including echeck and physical check capabilityand physical check capability

Increase functionality of eChecks Increase functionality of eChecks and physical checks to meet and physical checks to meet customers’ growing demandscustomers’ growing demands

Add new features to the Access Add new features to the Access Account based on customers’ Account based on customers’ requests and experiencerequests and experience

The Access AccountThe Access AccountPlanningPlanning


Writing Checks with the Writing Checks with the Access AccountAccess Account


The Access AccountThe Access AccountWriting an eCheckWriting an eCheck

Step One: How to write a check (eCheck) Cardholder logon to the processor web site Cardholder selects “Write Check” from menu An interactive echeck appears with how-to-fill instructions

Step Two: fill information Cardholder completes eCheck, including mailing address for payee and delivery instructions

(standard or overnight) The website checks cardholder’s balance to cover eCheck + fees If there is not enough funds in cardholder’s account, cardholder is advised and encouraged to load

funds and reinitiate transaction

Step Two: issuing/mailing the check If enough funds, cardholder is advised that eCheck is being issued Website initiates a C2C transfer from cardholder’s account to a processor’s

account set up for this purpose Processor produce and mail the check. Checks are written against a

processor’s bank account, established for this purpose


The Access AccountThe Access AccountInformation on Check

Header Line 1 Header Line 2

AMERICAN BANK AND TRUST ONE WARREN DRIVE

TULSA, OK 80906

Global Client Solutions, LLC DISBURSEMENT ACCOUNT 3500NW 85th Ave

Miami, FL 12345-678

Name of PayorIssuing Company/Person will change

Bank will changeHeader 1 (may be another Bank name)Header 2 (“AS PAYABLE THROUGH”)

Bank NameBank Address Line 1Bank City, State, Zip

Check NumberUnique Identifier for Check.

Payment of Draft ID

Check Amount

Check No. in MICR code

Name of PayeeAddress Line 1Address Line 2City, State, Zip Code

Routing Number MICR

Bank Account Check Amount

DRC Client IDMemo Line 1Memo Line 2Memo Line 3

Red Text is generated by processor for each run Green Text is generated by processor for each check Blue Text is created by check printing software from passed in information


The Access AccountThe Access AccountEnvelope for eCheckheck

The check will be placed in two window envelopes, as indicated below

Window for “FROM” Address

Global Client Solutions, LLC3500NW 85th AveMiami, FL 12345-678

GE Financial ServicesPO Box 12345Atlanta, GA 12345-5678

Window for “TO” Address

Issuing Company or Person will decide which name to

use here

Name of PayeeAddress Line 1Address Line 2City, State, Zip Code


The Access AccountThe Access AccountWriting a Physical CheckWriting a Physical Check

How to write a physical check Customer writes a check from his/her checkbook Customer sends check to beneficiary Customer must register the check on the bank’s web site

Compensation Process Beneficiary receives check and proceeds to use it Check goes to payee bank American Bank & Trust (ABT) Payee bank American Bank & Trust (ABT) process the document

Final Process ABT proceeds to pay the check inmediately if a) there is sufficient funds

available and b) the check has been registered in the bank’s web site If the check has not been registered, ABT needs to send an electronic

image of the check to the bank requesting authorization to pay All reports are upadted for both bank and customer to review


The Access Account The Access Account Pre-Paid Debit CardPre-Paid Debit Card


The Access AccountThe Access AccountGeneral FlowGeneral Flow

CLIENTCLIENT

BANKBANK

GTP VISAGTP VISA(PROCESSOR)

Fills application and delivers with copy of required documents (passport or other)

Verifies information, sends to processor.Opens settlement account w/processor

Receives information creates and register cards/accounts in its System

Receives/Activates card. Can verify his activities through Internet or IVR

Establish withdraw limits for its clients•POS * ATM•Checks•Transfers

Cardholder withdraws vía ATM, purchase via PoS/Internet and write echeck or pchecks

Sub-Account

Transactions are verified approved and register by issuing bank/processor.

Reports are updated

Sends cards to Bank or directly to card

holders

Credits funds to settlement account; from this account transfer funds to sub-accounts as required by bank


The Access AccountThe Access AccountExample of SettlementExample of Settlement

Bank assignsBank assigns$1,000 to$1,000 to

each clienteach client

Client$1,000

Client$1,000

Client$1,000

Client$1,000

No minimum balance. No “o/n”

Funds must be available in each client’s account before use

Easy to manage (on line)

Instantaneous funds transfer

SettlementSettlementAccount withAccount with

ProcessorProcessorTransfer $4,000

Issuing Bank

Global Technology PartnersGlobal Technology Partners


Global Technology PartnersGlobal Technology Partners

Global Technology Partners (GTP) is owned and operated by Global Technology Partners (GTP) is owned and operated by founders of FSV Payment Systems, a leading stored value founders of FSV Payment Systems, a leading stored value processor in the United Statesprocessor in the United States

GTP is a VISA certified processor focused on providing GTP is a VISA certified processor focused on providing stored value prepaid debit card services throughout Latin stored value prepaid debit card services throughout Latin AmericaAmerica

GTP operates a secure, real-time, regulatory compliant GTP operates a secure, real-time, regulatory compliant processing platform located in Panama that utilizes state-of-processing platform located in Panama that utilizes state-of-the-art technologythe-art technology


GTP Network DiagramGTP Network Diagram

The Access AccountThe Access AccountContact InformationContact Information

Lincoln I. Smithemail:

[email protected]

Cel. 305 776 0566

Carlos R. Parejaemail:

[email protected]

Cel. 305 632 2241

the access account

Documents

access accountcostsus

chargeconfidentialthe

linethe access accountbank

stop payment15

worldwide pos network

minimum monthly charge6

selected pos

monthly maintenance15