The Concept
Concept Introduction
Reclaim is a redemption promotion based on the level of qualifying claims.
The Reclaim Certificate is a voucher given to the customer free with their purchase, the full cost of the promotion being borne by the retailer (Supplier). Provided the customer adheres to the terms and conditions of the promotion he will receive a financial benefit at the expiration of the term.
- How does it work?
- Why does it work?
- How do I claim?
What is Reclaim?
Reclaim is a redemption promotion based on the level of redemptions.
The Reclaim Certificate is a voucher, which is given to the consumer free with his purchase. The full cost of the promotion being borne by the Retailer (Supplier).
Provided the customer adheres to the terms and conditions of the promotion he will receive a financial return at the expiration of the term. There is a GUARANTEED minimum depending on the type of promotion.
Redemption means that YOU ARE RESPONSIBLE.
WILL YOU BOTHER? No one will remind you
How does it work?
- The Retailer (Supplier) pays to Reclaim a percentage of his selling price.
- All payments are paid directly to an account controlled by the external board of trustee’s for consumer protection
- The board of trustee’s then retains 80% of the amount received, exclusively to pay qualifying claims.
- Independent professionals are employed to ensure
- The correct amount of monies have been paid in for the Certificates issued
- The 14 day claims from Holders of the Reclaim Certificate are correctly registered
- The 28 day claims from Holders of the Reclaim Certificate are correctly registered
- The benefit that would have gone to the Holders that did not bother to claim correctly is then made available to the Holders who did claim correctly consequently boosting the amount they receive.
The Reclaim Challenge, WILL YOU BOTHER to claim!
Why does it work?
SLIPPAGE!
What is slippage?
Slippage is the number of people who don’t bother to claim
UNCLAIMED MILLIONS
THE SUN
The lost loot you forgot about
There are hundreds of millions of pounds sitting unclaimed in forgotten UK bank accounts. Generally accounts become “dormant” because the account holder has either died , or has not kept in contact with the bank
If your account is unused for 12 months or more, the bank will write to you at the last known address and ask if you want to keep the account open
If you don’t respond within a set time (normally six months) they will change it’s status to “dormant” and stop sending out letters and statements.
Money sitting in a dormant account continues to earn interest at the bank’s standard rate.
The banks are bound by pledges made to the British Banking Association (BBA) to keep your money in the account so that they’re available if you want to claim them back
THE SUN
Are you a winner?
National Savings & Investments has launched a nationwide search to track down the winners of unclaimed Premium bonds collectively worth £30 million.
The total winnings are the largest amount ever to go unclaimed with some 514.000 people in line to collect prizes.
The Sun
Lotto deadline passes
The owner of a winning £9.4 million National Lottery ticket has missed the 5.30 deadline to claim their prize.
The money will go to the Good Causes fund and is the largest prize to pass the 180 day cut – off without being claimed.
The previous highest unclaimed win was £7.39 million from a ticket bought in Belfast in 2004.
The missing ticket was bought in Doncaster in July.
Twenty-four would –be millionaires have now lost their prizes since the beginning of the Lottery.
Unclaimed money rose to a record £100 millions last year, according to the Department of Culture, Media and Sport.
HALIFAX HUNTS FOR “FORGOTTEN” SAVERS
The Halifax wants to hand back £44 Million to customers – before Gordon Brown grabs it.
The money is sitting in 110,000 “forgotten” accounts which haven’t been used for 15 years or more.
£25 m Worth Of Premium bond Prizes Unclaimed
The hunt is on to find the missing winners of more than £25m worth of unclaimed premium bond.
Sunday Mirror
Pounds 8 Billion goes begging and does any belong to you?
Sunday People
Hot-Cash fears as pounds 100 Million lies unclaimed
The independent On Sunday
There is money out there: Harvey Jones explains how to get your hands on forgotten savings.
The Mirror
Are you sitting on a bond of Gold?
The Mail on Sunday
Millions left unclaimed as conversions increase
The newspaper for the new millennium The Express
Billions in UNCLAIMED investment lie in waiting
Daily Record
Pounds 8 bn lies waiting to be claimed: windfalls are up for grabs.
Daily Mail
Track Down the Missing Billions
The Daily Telegraph
Money – Go Round. Lost property : good homes wanted for missing Billions, Rebecca Barrow reports on a business that reunites owners with their money.
The Times
We help brickies pick up pounds 411,000 windfall: 140 get share of unclaimed Cash.
Sunday Express
GBP 16 Millions of premium bond prizes is waiting to be claimed – just ask Ernie.
The Daily Telegraph
Forgotten fortunes wait to be paid out by insurers : Ian Cowie reports on the millions left in life policies that matured years ago, but have never been claimed by savers or their beneficiaries.
The Guardian Europe
Net cast for lost punters: finding the owners of pounds 10Bn in unclaimed assets is big business writes Tony Levene.
THERE ARE THOSE WHO BOTHER
THERE ARE THOSE WHO DON´T
WILL YOU BOTHER?