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GLOSSARY

Debts or receivables

The schedule of work a Member RMA processes in order to try and collect debts (also known as a Workflow)

On-going debts being collected

Profitable enough to warrant a cost investment

The levels of professionalism in approach an RMA can demonstrate e.g the training of its agents, how data is protected by the RMA, how secure are its payments process and client money, once debts have been collected etc

The arrangement whereby debt collection services are offered on a “commission on collection” basis

Criminal records bureau checks

A company, an organisation or individual who places debts for collection onto the Metwork platform

Group of debts/accounts/receivables

The layout of the debt information (usually on an excel file) that is transferred to the RMA.

  • (a) The age of the debt. The older it is the more difficult it is to collect
  • (b) the quality of the contact data supplied. Is there a phone number, an email, a work telephone number, the full address available etc? The less the amount of contact data available the more the Member has to do to find it.
  • (c) The level of dispute around the debts. Are people refusing to pay because services haven’t been carried out or information hasn’t been supplied?
  • (d) Amount of work already processed to try and collect the debts. How many letters, emails and calls have been sent/made and have the debts been placed with another agency prior to placing on Metwork?

RMAs based in the same country as the debt placer.

Formal checking process to establish the business credentials of a party

Secure online facility provided by RMAs (Metwork members) that supplies information and analysis to the debt placer on the progress of their accounts.

Laws and guidance governing the work of collection agencies

A formal procurement process where multiple bidders are invited to submit a detailed proposal

Materials and know-how that specifically are the creation of a particular party and as such are subject to ownership rights.

The debt collection system that the RMA( Metwork Member) works on.

A Receivables Management Agency or RMA, better known as a debt collection agency who may place bids to collect your accounts.

A company, an organisation or individual who places debts for collection onto the Metwork platform.

A rapid procurement process. Usually sent to “preferred potential bidders”

Amounts of debt that have been collected

If no debt has been collected in that reporting period the RMA must record a 0, as opposed to not recording a figure.

One payment based on a forecast of how much debt will be collected

Group of debts/accounts/receivables

Would be considered by all interested parties as a “fair proposal” based on the information supplied

Debts or accounts

The amount of debt that a member RMA predicts will be collected.

Receivables Management Agency/ Metwork member

A formal procurement process where multiple bidders are invited to submit a detailed proposal.

An amount an RMA will charge for finding someone who has disappeared from an address

Sending the debt amounts and personal information to the RMA so they can start collecting them

A legal action resulting in a court judgment awarded against the defendant

To cancel a placement of debts already on the Metwork platform

The difference it costs a Member to collect a debt and the commission they earn from collecting it.

The procedure of setting up a merchant account that have an online local casino is fairly head

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Starting a free account

You’ll need to render certain personal stats, such as your label, target, and you may current email address. Be sure to enter into particular advice to quit people problems with account verification. Some casinos also can require you to make sure the email otherwise contact number for the indication-upwards techniques.

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On the other hand, discover different varieties of slots offered, each offering another type of betting feel. Here are some instances:

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If you want the newest simplicity of antique ports, the latest excitement away from movies harbors, or even the thrill regarding chasing a progressive jackpot, there can be a game title available for you. Why don’t we plunge deeper into the each kind to understand what makes them book.

Vintage Three-Reel Slots

Antique about three-reel slots shell out honor towards leader slot machines encountered in the brick-and-mortar gambling enterprises. These game are recognized for their simplicity and you will easy game play. Generally speaking, they provide you to around three paylines and icons such fruits, pubs, and sevens. Among advantages of to experience antique harbors is the high commission percentages, which makes them a well-known option for users looking regular wins.

Extremely antique around three-reel harbors are an obvious paytable and an untamed symbol you to can solution to other symbols to produce successful combinations. These types of ports are ideal for participants which appreciate brief, satisfying action with no complexity of modern video slots.

Five-Reel Clips Ports

As compared to vintage slots, five-reel movies harbors promote a gambling experience which is both immersive and you may dynamic. These game ability:

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