Deposits

Traditional Deposits

  • Expires two years from the deposited week’s check-out date
    • Complete travel before the expiration date
    • Deposits may be extended for a fee – it will incur a 30-day booking restriction
      • 6 months: $109
      • 12 months: $199
  • Week-for-week: Trading Power value is assigned to the members deposited week.
    • Based on:
      • Resort Quality
      • Unit Size
      • Travel Season
      • Demand
      • Date they deposited their week
    • Must deposit at least 181 days out for 100% Trading Power (see Trade Power Reduction for lead times)
    • Once Deposited Trade Power is locked in
    • May exchange for a higher value for a fee

Deposit Requirements

  • Interval membership must be active
  • 7-night stay must be booked (Owner Week, Club Points, or RRF) to deposit
    • Point Stays/RRFs must be booked on a standard check-in day
      • GTL – Fri, Sat, or Sun
      • GL7/GC8 – Sat or Sun

Deposit Processes

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Single Unit

  1. Owner file:
    1. Insert deposit note
      1. Date format example: “13Jun27”
        1. Fill out note completely (example)
          1. Owner Deposited Check-In Date(s): 13Jun27
          2. CIG Points Quoted: “Trad” or “# of points quoted”
          3. Resort/Unit Size: GTL – M
          4. Spoke to: “owner you spoke to”
          5. Late Deposit?: “Y or N”
          6. Membership Exp Date: 11Apr27
          7. Exchange #: LEAVE BLANK
    2. Copy the entire note
  2. In reservation:
    1. Click “Exchange Company Deposit” Button
      1. If two deposit guests appear edit one to be not primary
      2. delete the other
    2. Unlock the reservation if locked and save.
    3. Add “Deposited Week” note to reservation
      1. Copy information from “Deposited Week” note in owner file into the note – include the full date.

Split Units

Split Reservation(s)

  1. Place unit/week on the DNB
  2. Open Reservation you will depositing
    1. If reservation is a “suite configuration” – click “Split Suite for Rental” button
  3. Inactivate unit(s) so that there is only one left in the reservation
    1. Note unit # for rebuild(s)
  4. Rebook each inactivated unit as a separate reservation(s) with the same res/sub type

Deposit Reservation(s)

  1. Owner file:
    1. Insert 1 deposit note
      1. Date format example: “13Jun27”
      2. Fill out note completely (example)
        1. Owner Deposited Check-In Date(s): 13Jun27
        2. CIG Points Quoted: “Trad” or “# of points quoted”
        3. Resort/Unit Size: GL7 – M/S/S
        4. Spoke to: “owner you spoke to”
        5. Late Deposit?: “Y or N”
        6. Membership Exp Date: 11Apr27
        7. Exchange #: LEAVE BLANK
    2. Copy the entire note
  2. In reservation:
    1. Click “Exchange Company Deposit” Button for each reservation
      1. If two deposit guests appear edit one to be not primary
      2. Delete the other
    2. Unlock the reservation if locked, and save.
    3. Add “Deposited Week” note to each reservation
      1. Copy information from “Deposited Week” note in owner file into the note