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 the BMP Exchange Network.

 

What are the benefits of Auto-Banking?

Members who opt in receive:

  •  Automatic annual banking of their eligible week
  •  An additional 10% bonus Points incentive (A total allocation of 110% of your 
     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:

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


When does Auto-Banking take place?
This is processed annually during November.  

 

Will my Points be added automatically?

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

  • Your standard annual Points allocation
  • A 10% bonus Points incentive

 

Can I still use my Week?

Once your week has been banked, its value is converted into Points. That week will no longer
be available for personal use after it has been banked. The Points received in lieu of your week
can be used to make reservations.


Will Auto-Banking change my existing financial obligations?

No. Auto-Banking does not affect your:

  • 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.

 

What do I need before making a Reservation?

To use your Points to make a reservation, the applicable year's levy must be paid in full. Once
your levy payment is up to date, our Reservations consultants can assist you in making a booking.

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