You now have the option to receive advance instalments against your upcoming monthly commission payment.
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If you choose to receive the advance payments, it won’t affect the total amount of commission you receive or your splits – this is all about timing of payment. Also, your payees and referrers will continue to be paid at the end of each month as normal.
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Example 1 – simple example

As an example, if you’ve have earned $10,000 in upfront commission, you could elect to receive advance instalments of $2,000 and $3,500, with the balance of $4,500 paid in the main payment batch at the end of the month.
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​Example 2 – with payee splits

Here’s a simple worked example for a group with payee splits.

In this example, the broker’s average splits in previous months were 40%, so the Instalment Percentage was 60% (100% - 40%).

The actual payee splits in the example were 35%.

This example ignores trail commission, which would be paid as normal.

A broker who did opt into receive instalments would receive three payments, throughout the month, adding up to $6,500. The $3,500 payee splits would be paid at the same time as the Main Commission Batch.

In this example, a broker who did not opt for instalments receive one payment of $6,500 at the end of the month, and their $3,500 payee splits would be paid at the same time.