The Trust Investment Club (TIC) account offers registered investment clubs a safe place to keep their money as it grows to meet their investment goals. The TIC is available in both savings and current account categories.
Benefits
The Trust Investment Club account:
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Enables members to grow their personal wealth together over a period of time.
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Gives the investment club members access to opportunities that wouldn't be available to any member individually.
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Investment clubs access a loan up to 150% of the club’s savings*
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Access to free internet banking service
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Interest paid monthly
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Attractive interest of up to 7.5% per annum
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Quarterly forums and networking opportunities for TIC account holders
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Free advisory services
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Free monthly statement
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Dedicated relationship manager
Requirements
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Initial deposit
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Certified copies of Investment club registration documents.
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Investment Club by-laws
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Registered resolution to open an account with First Trust Finance Services and signing mandate
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2 Passport photos of signatories
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Photocopy of a valid ID for each of the signatories