Rural areas including the North West are particularly deprived.
I received this message from FarmOn last January 5: My understanding is that all investors are now required to open a BDO account for every transactions to FarmOn. But when the contract for my second investment arrived it still clearly states that BDO Bank Deposit is still one of the mode of payment.
And so I contacted FarmOn to clear things out and fortunately someone answered! This means, if you will ever encash your earnings in FarmOn you need to have a BDO account ready for seamless transaction.
This is unlike in the previous cycles where you can nominate other bank accounts for settlement.
Again, you can still pay through bank deposit at any BDO branch near you. However, if you want to encash your earnings you are now required to have a BDO Account. Payments must be made within banking days after the contract is provided to you by FarmOn. Late payments, or those made after 5th banking day will forfeit the contract.
Payment verification The last step is payment verification. To do this you need to send a photo proof of payment photo or scan-copy of your deposit slip for bank to FarmOn.
FarmOn will verify the payment made in another email at the Message Center of your account. What are the requirements needed before I can open an account? The single most important thing you need to have is a working email. This working email will be used in processing every transaction you have with FarmOn.
You will use the web address to create an account, read important messages and updates as well as withdrawing or cancelling your investment. As mentioned earlier now that the new FarmOn Cycle opened you will now need a BDO account to withdraw your investment.
This BDO account will also be used to transfer your profit seamlessly. If you already have a BDO account, good for you.
Which FarmOn product should you invest? Some friends and colleagues have difficulty deciding which FarmOn product to invest with. Geli shared in the interview that she only selects products that takes 6 months to harvest. That way she will have money ready when new cycle begins. Personally, I try to also avoid products that will take me 10 months and more to have an ROI.
Competitive products as per my research and the testimony of other FarmOn investors are green chili siling habanative chicken, pig and hot pepper labuyo. Again please take note that you sign up on the agreement of the profit split with the farm owner.
Crops and livestock will be sold in the FarmOn marketplace and your profit will reflect in the dashboard right after. As per my research whatever profit reflects in your account is your gain already.This Corporate Plan sets out the role Invest Northern Ireland (Invest NI) will play to support wealth creation in Northern Ireland as an enabler and catalyst to grow innovation, exports, productivity and employment throughout the business base, resulting.
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If this is your first time to try Farmon then this post will help you throughout the step by step procedure. Invest in FarmOn today!