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Seedrs Investor 5 year Fee Free Terms

 

I. AVAILABILITY:

1. The 5 year fee free (‘Orca shareholder reward’) offer is open to Orca Money Limited (Orca) new customers and existing customers who have invested in Orca through the crowdfunding platform Seedrs

2. New customers are individuals who:

i. have not yet invested with Orca before; and
ii. in Orca’s reasonable opinion, are capable of being accepted as a customer of Orca in accordance with the requirements of Orca’s Standard Terms and Conditions and applicable law.

3. Existing customers are individuals who

i. have invested with Orca before; and
ii. hold an active Orca Account.

 

For the purpose of these terms, applicable new customers and existing customers will be referred to as ‘Seedrs Investors’.

4. The Orca shareholder reward will:

i. Be open for acceptance from 00:01 on 6th of December 2018; and close at Orca’s sole discretion (the period between is the Offer Period)

ii. Endure for the term of 5 years from the point of depositing initial funds for Seedrs Investors who are new customers (the period during these 5 years is the ‘receiving period’).

iii. Endure for the term of 5 years from 6th of December 2018 for Seedrs Investors who are existing customers (the period during these 5 years is the ‘receiving period’).

 

During the receiving period, Seedrs Investors will receive fee free investment services from Orca. Please note, this includes Orca’s annual 0.65% administration fee. This does not extend to fees which may apply under the circumstances of withdrawal of funds.

 

II. ACCEPTING THE ORCA SHAREHOLDER REWARD:

  1. To receive the Orca shareholder reward, Seedrs Investors who are new customers must do each of the following during the Offer Period:

i. Open an Orca Account.

ii. add funds to their Orca Account and invest a minimum of £1,000.

 

  1. To receive the Orca shareholder reward, Seedrs Investors who are existing customers already have each of the following during the Offer Period:

i. an active, funded Orca Account.

ii. have funded their account before the 6th of December 2018.

 

Please note: The 5 year term of the Orca shareholder reward begins at the point of initial investment for new customers or from the 6th of December 2018 for existing customers. In the case of withdrawal and reinvestment, this term does not pause or extend.

 

III. WHEN AND HOW THE ORCA SHAREHOLDER REWARD WILL BE PAID:

During the receiving period, Seedrs Investors will receive fee free investment services from Orca.

This offer will be redeemable, providing the following conditions have been met:

  1. £1,000 or more has been deposited into the Seedrs Investor’s Orca Account during the offer period.

 

Following the Receiving Period of 5 years, Seedrs Investors will be charged an annual fee of 0.65%.

 

If you have not yet invested with Orca, create an Orca Account and invest now to be applicable for this offer:

Create an Orca Account

 


 

If you need more information about this reward, or about the Orca Investment Platform more generally, please email [email protected], call 0131 510 7376 or chat with us on our Live Chat. You can find out more by browsing our website, specifically Invest with Orca and our FAQs.