Post
Topic
Board Service Announcements (Altcoins)
Re: [ANN][PreSale]Block Bank - bespoke commercial banking
by
Mirkic7
on 23/02/2018, 14:43:52 UTC
Hello, I'm very interested in the project, but have a few questions:

How does the partner code scheme works exactly? Let's say I brought 2 clients to block bank and they made some transactions/bought something, will I get the % of their operation costs or will it be a fixed fee?
Thanks

Hello, here is good example from our white paper that will clarify things for you:
  • Simon gets his referral code
  • In Simon's network his friend Joe needs money in amount of $100,000 for his business
  • Simon gives Joe his referral code and tells him to apply with Block Bank to get the money he needs
  • Joe applies for the money he needs and is offered a commercial loan
  • The Fees for Joe's commercial loan are $6169.00
  • Joe pays his fees and receives his commercial loan of $100,000.00
  • Simon is now entitled to his commission of $1850.7 which is 30% of the fees