Deposit & Credit Policy
For transitional Marketers who have made a diamond deposit in respect to the future purchase of diamonds:
- Upon reaching 360A°, a qualified product will be chosen on behalf of the Marketer. Activation Credits from this purchase will be withdrawn and revoked.
- Munami holds the deposit amount to the credit of the Marketer in respect of the future purchase of a product.
- The credit held can be used towards a product purchase only and does not include fees associated with the purchase of such products. Including but limited to, Appraisal costs, insurance, shipping & handling, VAT + Taxes and customs clearance.
- Deposits or credits held on account are not redeemable or refundable in cash.
- A deposit amount may only be redeemed in diamonds. An appraisal fee of $80.00 per diamond under 1 carat will be charged. Diamond redemption takes 60-90 business days to process. *Other qualifications must be met for diamond redemption.
- Munami reserves the right to combine all deposits and credits from the same Marketer towards a purchase of one product for the accumulated amount. Clients may put in a request but Munami will process the request based on current circumstances.
Termination of Deposit
For transitional Marketers, Munami reserves the right to terminate the relationship with a Marketer. Munami will choose a product(s) on behalf of a Marketer and deliver said product(s) without notice to the consumer. Product costs will be debited from deposits or credits held on the Marketers account(s).
Transitional Marketers who have made a diamond deposit, but did not utilize the activation coupon will have a credit in the amount of the diamond deposit amount, on account. The credited amount can be used towards any product in the Munami store. *Admin charges may apply.
Purchase Balance Policy
Transitional Marketers who placed a diamond deposit hereby agree that the balance of their purchase will be deducted from their marketing income automatically and a qualified product will be chosen on behalf of the Marketer. Activation Credits from this purchase will be withdrawn and revoked. The purchase balance policy is valid for transitional Marketers only.
Money Back Guarantee
Transitional Marketers who placed a diamond deposit and have qualified two sales within one year (12 months) and if by the second year (24 months) the Marketer has not completed the Munami Achievers Program due to unforeseen circumstances, Munami will refund the Marketers deposit, less the disbursement fee. Both sales must be an arms length sale to a party other than the Marketer them self. Throughout the processing period, both sales must be valid in order to qualify. Requests will be processed within 60 to 90 business days. The money back guarantee is valid for transitional Marketers only.
Transitional Marketers who took advantage of the Plus purchase but did not choose and order a product upfront, will have a credit on account, which can be used towards the purchase of a product. Munami reserves the right to provide a list of eligible products that the transitional Marketer may choose from. Activation Credits from this purchase will be withdrawn and revoked.
No-Deposit Purchase (DT Discount)
Transitional Marketers who took advantage of the DT Discount program, are not entitled to the same product prices as other Marketers. The DT Discount Program Price Guide outlines the price set for Marketers who did not pay the diamond deposit. When the product purchase takes place, Activation Credits from this purchase will be withdrawn and revoked. The DT Discount program is no longer available. See DT Discount Program Price Guide *Other conditions and fees may apply.
For transitional clients, PM points for each dollar earned will be credited to the Marketers account. For remaining points that are not sufficient to meet $1 dollar, these points will be null and void.
Accounts on Hold
Any accounts on hold or any individual, business or entity whose marketing was blocked before the transition will remain on hold or blocked after the transition, until the investigation process is fully complete.