Frequently asked questions
What & who is Beank Investment Group ?
A not yet to be named Bank and an Insurance Company have developed a concept which now has been initiated. It is a purely banking activity, which is allowed according all European laws, and it involves valid agreements within the European system of banks. Beank is in this matter acting as intermediary and will organize registrations and administration thereof.
Why will the bank not do this by its own ?
The concept provides for the safekeeping of the working capital of the Bank, and although completely legal, at this moment it is tactically not wise to go public about this.
Why do you need first these 21.000 policies, why not directly one by one ?
The aim is to have 21.000 policies, in order to start the program. As applies to all banking operations, banks will always try and handle a deal in just one application. Just like with personal loans it is not advisable to apply for credit every other week or so. Financing a million in one application will be arranged quicker and with better conditions than 100 times 10,000. This is why the whole transaction will happen in just one handling.
How is it possible to make €32,500 from a mere €75 ?
This is just not true. These €75 are a mere compensation for the cost preceding the ultimate transaction.
How will I be able to receive this amount of €32,500 ?
The amount will be deposited on a new account into the bank that is running this program. The deposit will already factual during the term of this transaction (about one year), but it remains blocked until the campaign is terminated; afterwards you will be at lib to do whatever you like with your money.
Why do you not start a big campaign on the Internet ?
The whole process takes a lot of time, and this time is also needed to comply with all laws and rules. This gradual growth process takes time. In consultations with our partners, we have opted for an allotment, instead of wild unchecked actions. Many of our contacts are involved in various concepts, of which some have been successful and others were not. This however is a concept where everyone wins, so it is a matter of allotment. Let us take advantage of this opportunity and also give the principals what they need for their business. Apart from this, we will give the real network builders a generous bonus per recruited policy of €1,250.
Why are they paying us so much money?
In the various transactions to be happening, a lot of money will be made. Money which can be utilized for those various transactions. While satisfying the demands needed for this concept, a certain amount will remain in each account of the participants. This is a result of this specially designed program and this amount will be released to the participants.
Is it true that I will not have any other obligations after the pay-off ?
You will not have any obligation whatsoever, not now and not after the program. This is also explicitly mentioned in all contracts.
In the explanation, you mention a kind of surrendering of insurance policies, but you also say that this is not what this is all about. How come ?
The surrendering of insurance policies is an essential part of the whole transaction; we only mention that this is a regular activity which is legal, also in the European countries. However, there is a lot more which is done in the whole transaction. This part is at present not to be revealed. Financial transactions draw benefit from trust, confidence and integrity, in this case as well.
How about taxes ?
As soon as you obtain the money it is up to you to include these in your tax declaration.
Are friends and acquaintances from abroad allowed to participate as well ?
Yes, they can. Just make sure they know the right banking details, and your registration code number will be stated correctly.
Is this a pyramid scheme, or a multi level marketing system ?
No, it is not. Briefly explained: In a pyramid scheme you are obliged to recruit new members and your money will be used for payments to existing members. This is absolutely not the case here. You do not need to introduce others. In a MLM structure, a company has many levels. In our offer, the company only pays a sales fee of €1,250 per policy. This is normal in banking and insurance circles.
When this program has ended, are there more likely to follow ?
We expect there will be a run, but this depends also of financial activities of the moment. Now we are using current banking rules and permits, but these may change over time, which is not clear now.
If I welcome others to join in, do I get something in return for this ?
Yes, for every sold policy, realized by your reference, a sales fee will be granted. This fee will be transferred to you within 3 months after pay-off of the policy. So it will be wise to make sure that your registration number always is mentioned in the new application form. For example: if you introduce someone who buys 3 policies, you will receive for this three times €1,250 = €3,750.
Am I allowed to advertise ?
No, it is absolutely NOT allowed to advertise without consent and approval in newspapers, the Internet, etc. This can sometimes be permitted only after you have introduced 5 applications, and let us approve of the ad. If you do not comply to these rules, this may lead to a removal of your policies. Deposits will then be returned to your account (minus service charges). These rules are implemented in order to protect the professionalism of the investors!