Hi, Bitster -
Yes, I chose option B. And yes, the bank indeed deposited the interests to my bank account.
This Message Thread
is "Re: Legacy Consolidated Plans Inc. (LCPI) "
and the Product they offer is a Pre-Needs Pension Plan
, with a "Buy-Back" Agreement
from Legacy OneCard
Seems you are on the Wrong Thread talking about BANKS!
I just want to find out if indeed ANYONE who invested in the LCPI, product "PNBB2" has been able to select an option
OTHER than a) By PDC's? I know Option a) seems to work, as my own PNBB2 investments, where I selected Option a), did produce 12 x PDC's, and have already re-invested several of these, since November onwards.
had the Installments of the PNBB2
, successfully credited to b)
their Bank Account
, or c)
their Pera Agad Card
All of my wife's clients, who selected Option c) still had PDC's issued to them!
If this is the only way Legacy Consolidated Plans Inc
. can operate, then having that option c)
is a waste of time
Why not simply obtain a Pera Agad card (which there doesn't seem to be a problem with),
then when your PDC's are issued to you
, and the due date comes up
- pay it into your Pera Agad Card account?
So if LCPI/OneCard
can't come up with a more efficient way to process such options, other than PDC's (and these seem to be taking almost 2 months in my limited experience as a PNBB investor),
then REMOVE IT
from that "Deed of Assignment" Form
Here is me thinking this is a Message Thread "Re: Legacy Consolidated Plans Inc. (LCPI) "
and the PNBB2
product, and cjap,
talks about having the payments made into his Bank Account.
I stupidly thought he was referring to PNBB2 Payment Option b)
Please IGNORE this Message Post of mine and Option b) or c) of the PNBB2?
I am not aware of Option b) being available, unless anyone here can give evidense otherwise?
From my wife's clients, who elected Option c), 3 clients have had their PNBB2
Installment 'Due Dates' go past and no credit to their Pera Agad Card account.
Since the first of these was 10th March, and LCPI Head Office was given back the PDC's issued to the client, they had nearly 5 weeks up to the Due Date, to make it happen. It is now more than 2 weeks PAST the date he was supposed to have his Pera Agad Card account credited with that 1st Installment.
This is a Discussion Forum
, where information and an exchange of thoughts, experiences, and suggestions can take place.
I am not 'blaming anyone'
, but just asking a Question
and giving/relating the Experiences
I have had and those of my wife's clients.
OK so I admit I am rather 'puzzled' that LCPI, issued PDC's, then sent to clients, then requested them sent back, when these clients requested payment Option c).
I am then rather 'annoyed' that having returned the PDC of my wifes first client, who went with option c), (after we had persuaded him, about all the benefits of such option)
they had 5 weeks
to get it credited to his Pera Agad Card
They failed to do this and it now 2 weeks past the 'Due Date' of that first PDC!
How would YOU feel if that happened to you? What do YOU think of 7 weeks having passed from the RETURN of that PDC, and STILL NO CREDIT of that PDC, to the clients PDC account.
This is why I am suggesting forget Option b) unless anyone can tell me it worked for them?
I am also suggesting forget Option c)
, because IT IS NOT WORKING for my wife's clients at least.
Here is a reply just received from one of them:-
Many thanks to you and your upline for the detailed follow-up. As of 5 minutes ago (Tue, March 25 10:20 am Philippine time), my Pera Agad card had not received the first installment of 52,500 Php.
Hopefully, your concerted efforts there will bear fruit. I'll await an update.
I do hope the efforts of my wife's up-line Managers, and the respective top Management
of both LCPI
and OneCard take ownership of the problem, and sort it out, and quickly!
That Pera Agad Card payment option
, did have many advantages
for some clients, but it is no good having that payment option, if the 'admin process' does not work with such option!
Nobody in Legacy top Management seems that concerned, and are not making the effort required to make sure changes are put in place so it does work.
I have sent an e-mail to the President of OneCard
and the VP Marketing of Legacy Consolidated Plans Inc.
, and not even a reply
, let alone an appology to my wife's clients
, especially that first client of hers, who selected this 'option c)'
, and is now some 2 weeks past the due date and no payment!