The Atlas Concept

Atlas Membership Fees - page 3

3. Financial ranking As from 2005, Atlas Network has the intention to start an internal financial ranking available via the website but only for those members in the network. Rank 1 The members is part of his national Forwarders Association Rank 1 plus The member is also part of his local Chamber of Commerce Rank 2 The member is part of FIATA or IATA Rank 2 plus The member is part of both associations Rank 3 The member provides the Atlas H.Q. about his annual balance sheets yearly before April 30th of the previous year. Rank 3 plus The balance sheet provided is created by an international accountancy network i.e. Price Waterhouse, Ernst & Young ? Rank 4 The member provides Atlas with a bank guarantee of euro 5.000 for outstanding amounts due to the membership. Rank 4 plus The member provides Atlas with a bank guarantee of euro 10.000 for outstanding amounts due to the membership. Rank 5 The member provides Atlas with a bank guarantee of euro 20.000 for outstanding amounts due to the membership. Original documentation should be given to the Atlas Network management to receive your ranking status. There is no obligation whatsoever for the members to have a financial group ranking. This is only to promote internal network business, reliability and credibility of the members and between the members.