With our Referral Program, our customers can invite others by sharing the unique sign-up link (which is generated for the commissioners) and earn a commission when their Referrals are signed up and started executing transactions with The Kingdom Bank.
General Application of the Referral Program
For every new user successfully referred to The Kingdom Bank via the Referral Program and during the time that referrals are actively making transactions, the Referee will receive a calculated Commission:
- Referee receives the first commission when the Referral signs up via the referral link or the reference code.
- Each time the new Referral executes a transaction, the Referee is rewarded with a calculated commission.
This means any The Kingdom Bank customer can invite users via a referral link or reference code and start receiving commission (1).
Example: User A invites User B via a referral link. User A will receive a referral Commission on User B’s trading Commission whenever User B makes a transaction.
Example: User A invites User B via a reference code. User A can receive a referral Commission on User B’s trading Commission anytime User B makes a transaction.
If the Referee successfully invites multiple Referrals and those invitees become a The Kingdom Bank customer, the Referrer will receive a commission calculated based on the linked Referrals’ total monthly transaction volume.
Example:
User A invites User B and C via a reference code or referral link.
User B makes monthly transaction(s) up to 400.000 EUR and User C makes monthly transaction(s) up to 200.000 EUR.
User A’s commission will be calculated on the total transaction of 600.00 EUR of User B and C.
In this case, User A will receive a commission of %15 of the Kingdom Bank’s trading commission since the total volume reached Tier 2.
Commission rates:
Terms & Conditions (2)
1. Each new The Kingdom Bank customer can only be referred via one Referral program.
2. Sub-accounts cannot be used to participate in this programme.
3. The Kingdom Bank will use the real-time fiat currency-to-EUR exchange rate to calculate the trading amounts in EUR.
4. The Kingdom Bank reserves the right to disqualify and revoke the commission from a Referee who engages in fraudulent or abusive activities during the activity.
5. The Kingdom Bank reserves the right to cancel or amend any referral program at our sole discretion.
6. All Referees must strictly abide by The Kingdom Bank Terms of Use.
7. A single referral is eligible to receive commissions from their referred clients' activities and transactions for a period of 12 consecutive months from the day that their first transaction is processed.
8. The only method to claim the commission is by using the referral link shared by the referrer. Kindly refrain from requesting the referral award without the link.
HOW TO QUALIFY FOR THE KINGDOM BANK'S REFERRAL PROGRAM?
Step 1:
Visit your personal The Kingdom Bank and click Referral Program from Invite & Earn section.
Step 2:
Go to the Copy Link button and copy it for your friends who need to sign up with your unique invitation link. We made Whatsapp, Telegram, LinkedIn, Facebook and email links ready for you!
Step 3:
After receiving your invitation link, your friends need to complete the onboarding and submit the application fee (if it is applicable).
Step 4:
Your referral rewards will be paid out monthly in USDT or EUR (you need to complete your onboarding to unlock EURdenominated bonuses).
Step 5:
The percentage for the rewards calculation is tier-based, depending on your friends' monthly transactional volumes.
Any transfer between The Kingdom Bank accounts doesn't count toward this program!
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