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Referral Agreement Financial Services

These referral fees are provided for use if a supplier of goods or services (the “customer”) wishes to hire a new customer other than the customer`s referral (for a fee – see below) in order to generate more revenue and increase the customer`s customer base. GoCardless` recommendation program allows you to obtain a one-time fee for transferring new customers to GoCardless. This “agreement” (terms of reference below) sets out the conditions for our recommendation program. Participation in the recommendation program is only by invitation and you must accept the terms of this agreement. If you do not agree to the terms of this agreement, you cannot participate in our recommendations program. The agreement may give you some compensation if the referent party does something outside of what it can and cannot do. For example, the reference part must: recommendation program means the GoCardless recommendation program; provide the referrer with a copy of the agreement reached (should not be executed by the parties). Many financial brokers generate business through referral sources. In some cases, fees are exchanged, especially when the transfer results in a successful credit application.

“Regulated” recommendation partnerships from one company to another must have a recommendation agreement before knowing the client`s first recommendation, regardless of whether a commission is exchanged for the recommendation. A regulated referent may be a real estate agent, an accountant, a financial planner, a solicitor – indeed anyone who works as a company or company and who provides you with a lead. A formal agreement is intended to ensure that both parties meet their obligations with respect to the implementation of these removal activities. The agreement must be prepared at the head of the business letter and contain the following information: The services are the debit and payment services provided by GoCardless (also called GoCardless Standard, GoCardless Plus or GoCardless Pro); for either this contracting party or with this agreement. This proposal and the Commission`s agreement are less detailed than the other agreements of this subcommittee. So you can use one of the other documents in this sub-file. For credit officers appointed as part of the ACL Connective, you must provide the compliance team with a copy of their agreements under [email protected], as we will update/manage the recommendations registry on your behalf. This model is designed for use in which the customer has no particular customer in mind, but simply tries to attract new customers and expand its customer base or sell it to a new market. If you need an agreement to deal with the situation in which the supplier is targeting a particular customer or type of customer, you should use one of the introductory agreements.

Contact within the company that relates to customer guidelines means GoCardless`s terms regarding brand representation, which can be found on how to be updated from time to time; good industrial practices, the exercise of this degree of diligence, diligence and skill that would reasonably and generally be expected of a qualified, professional and experienced person who, in identical or similar circumstances, operates in the same type of business; We advise you to check your reference parts at least once a year to make sure they are still a serious business (or person) to which you wish to be linked. You should also check and ensure that your referrals only provide you with customer information and do not give advice on a loan or lender for which they are not authorized.