Status: Unreviewed
Wallets: OCA & BW
Understanding the two wallet types that hold IA commissions.
Overview
When an IA earns commissions, the funds are split between two wallets:
| Wallet | Name | Share |
|---|---|---|
| OCA | Operating Cash Account | 70% |
| BW | Bonus Wallet | 30% |
Operating Cash Account (OCA)
The OCA is for withdrawable cash. It receives 70% of earned commissions.
- Can be withdrawn to bank account
- Minimum withdrawal: $150 (after fees)
- Maximum withdrawal: $3,000 per transaction
Bonus Wallet (BW)
The BW is for additional CSR delivery. It receives 30% of earned commissions.
| Use | Description |
|---|---|
| CSR delivery | Converts to Bonus CSR starting week 44 |
| Business License | Can pay license fees from BW |
| Managed Purchase Pool | Can fund MPP participation |
- Not directly withdrawable as cash
- Converts to CSR Plastic Credits
- Bonus CSR delivery begins week 44 (after primary CSR delivery completes)
Managed Purchase Pool (MPP)
The MPP allows members to pool resources to purchase CSR collectively on the open exchange.
| Property | Detail |
|---|---|
| Funding source | Bonus Wallet (BW) |
| Pool size | ~$10,000 USD per pool |
| Manager | CEO executes purchases |
| Delivery | CSR delivered to CSR Wallet (~2 pools/week) |
| Backlog | Approximately 12 months of pending deliveries |
How MPP Works
- Allocate funds from BW to enter pool
- Pool manager purchases CSR on open exchange
- CSR distributed to participants' CSR Wallets
- Delivery timing at manager's discretion
Commission Flow Example
An IA earns €1,000 in commissions:
€1,000 commission earned
├── €700 → OCA (withdrawable)
└── €300 → Bonus Wallet (converts to CSR)
Withdrawal Rules
Only commission funds can be withdrawn (not deposits). Withdrawals come from OCA only.
- Minimum: $150
- Maximum: $3,000 per transaction
- Frequency: One withdrawal at a time per member
- Fee: 250 CSR processing fee
- Approval: CEO approves, CIO executes
Weekly Pay Run
- Cutoff: Friday 23:59 GMT
- Processing: Typically 5 working days
- Exceptional cases: Up to 11 weeks
Common Questions
Can I move funds from BW to OCA? No. The split is automatic and fixed.
When does BW convert to CSR? Bonus CSR delivery begins week 44, after primary CSR delivery completes.