Membership fee is a fee which we collect from Members towards their Membership to our Network, Membership fee is USD 950.00. These charges are to cover our administrative costs.
Membership fee for Branch office will be charged for members who’re having their branch office outside country of head office. If your branch office is located in different country of head office then only membership fee for branch office is applicable and branch office within the same country to head office will not be charged any Membership fee for branch office.
Bank charges are to cover the costs of foreign bank charges being made by bank when you pay/ transfer funds towards Membership fee, Trust fund fee. We shall be billing you towards Bank Charges every time we Invoice and members has to pay towards it.
Trust Fund is a term in EWLN which is made to highlight the term “Safety” for members shipments transactions, we collect USD 500.00 towards Trust fund from Members after free membership time i.e., after Dec 2014 to Nov 2015 to safeguard their Shipments Transactions and make them feel easy while doing business among members. And subsidiary offices located outside main branch located outside head office country can be registered with us with trust fund USD 250.00 besides membership fee.
Please note that in year 2014-15 since we’re not collecting any trust fund from any of our member as we’re into free membership period we will not be able to cover any liabilities against any business transactions.
We Collect Trust Fund from each Member and save that money with us for any liability (Incase). That means If any liability occurs in any Transaction of any Member, then that liability will be covered from this trust fund balance.
Please note that Trust Fund collected from Members is refundable after completion of 3 Years. That means Trust Fund collected in year 1 will be refunded in year 4, the duration of 3 years is just to make sure that every transaction is finished successfully for that year so that the refund for Trust Fund can be done without any obligations. If any liability happens for year 1 then the liability amount will be given back to member then after the remaining Trust Fund balance will be refunded to Members, by this we believe risk will be divided among Members.
Although you are part of another network, still you can always explore the possibilities of joining Greater China Logistics Network and do business with a new set of entrepreneurs in the logistics service provider industry.
Besides very reasonable Membership fee and amazing security with Trust Fund we also have one more fascinating thing that will help you grow your business by meeting and knowing more people and that is 1 Annual Conference every year.
We will be conducting one Annual Conference every year that will help all our Members to come closer and talk about business to get to know each other which will help spread business among Members.