Frequently Asked Questions

What happens when I cannot pay my monthly contributions?

Skipping a month is acceptable but should a member expect to skip more than three months he or she should write a notification letter to the executive.

When will I get my dividends?

WCN in a long term investment organization and members can access their dividends on the date agreed by the organization which is five years from 1 January 2018.

What happens when a member passes away or is not in a state to make own decisions due to some medical conditions?

Next of kin will be the beneficiary, and should next of kin decide to sell assets, WCN Holdings will have the first refusal. Next of kin will only receive the money on the date agreed by the organization which is five years from 1 January 2018.

Can a member terminate membership at any time and get his or her money?

A member must give 30 days written notice if he/she wants to terminate membership, and will receive his or her share on the date agreed by the organization which is five years from 1 January 2018.

Can Organizations like stokvels join WCN?

Organizations, teams or groups can join WCN Investment Group with a single individual as a representative. The individual will liaise with WCN executives on behalf of the organization, team or group.