Auto-Banking of Member Weeks


More Points, Less Effort!

Members who participate in Auto-Banking receive an enhanced Points allocation once their
week has been successfully banked.

 

What is Auto-Banking?

The Auto-Banking facility allows owners to automatically bank their timeshare week each
year, helping to maximise inventory utilisation, prevent loss of their week and provide
additional value through bonus Points.

 

Auto-Banking is a service that automatically deposits a Member's eligible timeshare week
into an exchange platform each year, removing the need for the owner to manually request
banking. Weeks are banked into MBExchange.

                                           

What are the Benefits of Auto-Banking?

Members who opt into Auto-Banking receive:

  •  Automatic annual banking of their eligible week
  •  An additional 10% bonus Points incentive (A total allocation of 110% of their
     standard Points entitlement)
  •  No risk of losing exchange opportunities due to missed deadlines

How Do I Opt In?

Existing Members can request Auto-Banking by:

 

Reservations will acknowledge the request and provide the applicable terms and conditions
in writing.

 

Will My Points Be Added Automatically?

Yes. Once your week has been successfully validated and banked, you will automatically receive:

  • Your normal annual Points allocation, plus
  • A 10% bonus Points incentive

This results in a total allocation of 110% of your standard Points entitlement.

 

Can I Still Use My Week?

No. Once your week has been banked, you will receive Points in lieu of the week which you can
use to make reservations with.

 

Does Auto-Banking Change My Financial Obligations?

No. Auto-Banking does not affect:

  • Annual levies
  • Levy collection dates
  • Contractual payment terms
  • Any other financial obligations contained in your Agreement

Members remain responsible for paying all levies in accordance with their timeshare agreement.

 

Can I Make a Booking if My Levies Are Outstanding?

No. Reservations consultants are unable to make bookings using a Member's Points if the 
applicable year's levy has not been paid in full.

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