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Is there a minimum amount of iBB Credits required for either redeeming, transferring or donating

Author:
Administrator
Date added:
Friday, 13 November 2009
Last revised:
Monday, 12 April 2010
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Answer

Yes. There are certain amounts of minimum iBB Credits you must have to be able to redeem or transfer/donate iBB Credits through My Wallet.


The minimum iBB Credits you must have to transfer or donate iBB Credits is 100 iBB Credits.  The minimum iBB Credits you can transfer or donate is 100 iBB Credits.


The minimum iBB Credits you must have to use your iBB Credits for services is 2000 iBB Credits.  The minimum iBB Credits you can use for services is 2000 iBB Credits.

1000 iBB Credits is the minimum required for redeeming funds to a PayPal account through My Wallet.


Completing the transactions for redeeming, transferring or donating iBB Credits is not a fully automated process yet.  It takes a considerable amount of time from the iBiz Credit Center staff to process. Most of these transactions, because of their nature still need human intervention to be processed. For example the iBB Credit matching program kicks in if the member that is transferring or donating iBB Credits enters a note in the Transfer Notes where the member mentions the iBB Credits matching program. The iBB Credit Center staff reviews the Transfer Notes and evaluates each transaction whether it qualifies for the iBB Credit matching program or not.


The minimum iBB Credit redemption, transfer/ donate amounts get updated regularly so please stay tuned for any updates.

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