Cash Management Service / CASH DEPOSITINSTRUCTION
Part 1 – InvestorAccount Details
Investor Account Number
Investor Account Name
Part 2 – My Adviser
Adviser Firm Name
Adviser Name
Part 3 – Short Term Deposit Details
Please note that the deposit amount entered below must be in the Investor Account identified in Part 1 above and available for deposit (i.e. after any initial adviser fee charged and allowing a further 1% to cover ongoing fees).
Deposit Amount(s)
(minimum £200,000) / Bank to hold deposit and term / Fixed Term Deposit
£ / Aldermore Bank / - select term -1 Month
£ / Cater Allen / - select term -Instant Access
£ / Islamic Bank of Britain (Sharia Compliant) / - select term -Instant Access
£ / Metro Bank / - select term -Instant Access
Total Deposit Amount
£
Part 4 – Term Deposit Details
Please note that the deposit amount entered below must be in the Investor Account identified in Part 1 above andavailable for deposit (i.e. after any initial adviser fee charged and allowing a further 1% to cover ongoing fees).
Deposit Amount(s)
(minimum £200,000) / Bank to hold deposit and term / Fixed Term Deposit
£ / Aldermore / - select term -6 month9 month12 month18 month24 month36 month
£ / Metro Bank / - select term -12 month24 month36 month
£ / Investec / - select term -12 month24 month36 month
£ / Close Bros / - select term -12 month24 month36 month
Total Deposit Amount
£
Part 5– Investor Confirmation of Deposit Instruction
This Investor Deposit Instructionis dated: / day of / , / 20
To: The Custodian (Praemium Administration Limited)
I [PRINT FULL NAMES BELOW]
Primary Client
declare that I wish to instruct Praemium Administration limited to transfer to Praemium Trustee Limited to hold on trust for the beneifit of me, the account holder. And for Praemium Trustee Limited to place the deposit amounts stated above from my Investor Account to the depository bank(s) indicated in Part 3 and/or Part 4 above.
By signing below, I also confirm my consent and understanding that:
- Praemium Trustee Limited is a wholly owned subsidiary of Praemium Administration Limited.
- Pursuant to a Trust Deed executed on 23 July 2015 by Praemium Trustee Limited, Praemium Trustee Limited will hold the money placed with the depository bank(s) (and any interest credited to the same bank account) on trust for my benefit;
- Praemium Trustee Limited is neither authorised by the Prudential Regulation Authority nor by the Financial Conduct Authority to carry on regulated activities;
- The placement of deposits byPraemium Trustee Limited in accordance with the instructions detailed in this form will not constitute a regulated activity since it will not be business under the Markets in Financial Instruments Directive or designated investment business on thepart of Praemium Trustee Limited or Praemium Administration Limited;
- Money deposited by Praemium Trustee Limited with the depository bank(s) at my instruction will not be 'client money' within the meaning of the rules made by the Financial Conduct Authority and therefore the protections afforded to such 'client money' will not apply;
- Should Praemium Trustee Limited fail and if, following that failure, I do not recover all sums deposited with the depository bank(s), I will not be able to make aclaim under the Financial Services Compensation Scheme;
- This instruction is irrevocable and the funds deposited will not be available for withdrawal until after expiry of the deposit term specified above;
- Praemium Administration Limited may refuse to act on this instruction if there are insufficient funds in my Investor Account to cover the requested deposits and all fees;
- On expiry of the Deposit Term the funds will be returned to my Account, the trust will expire and the funds will be available for investment or further deposit from my Investor Account.
- I confirm that I have considered the benefits of placing money in a term deposit in the context of all of the matters referred to above.
Primary Investor/Authorised Signatory
Name
Signature
This Deposit Instruction Form must be executed and mailed to:
Praemium Administration Ltd, PO Box 60294, London, EC2P 2DL
Praemium Administration Ltd: 4th Floor Suite 643-659 Salisbury House London Wall London EC2M 5QQ
T: +44 (0)844801 0700 F: +44 (0)207 562 2451 E: W:
Registered Office Address:4th Floor Suite 643-659 Salisbury House London Wall London EC2M 5QQCompany Registration No. 06016828 (England and Wales) VAT No. 100 1037 06
Praemium Administration Ltd is authorised and regulated by the Financial Conduct Authority under reference 463566
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