Amicus Investment Agreement

The investment products under Amicus Investment Agreement are Amicus Bonus Cash Account, Amicus Regular Savings Plan and Amicus Single Investment Plan. The minimum investment to an Amicus Regular Savings Plan is 100 USD or the currency equivalent and to Amicus Single Investment Plan and Amicus Bonus Cash Account accordingly 5,000 USD or the currency equivalent. An Amicus Investment Agreement can be signed both by private individuals and companies.

There is given direct securities for new accounts with a minimum investment of 20,000 USD or currency equivalent with a minimum term of 12 months. Please ask further details from our Customer Service.

Amicus Bonus Cash Account

3.00% Annual Return plus Bonus interest 1.00% per annum
Interest is calculated on a daily balance and added to the account balance annually on the 31st December. The bonus interest is calculated on the average quarterly balance and added to the account balance annually on the 31st December. The new investment period on this account starts on the date we receive the funds from the client.

The number of withdrawals from a Bonus Cash Account is unlimited and they are free of charge. Withdrawals from a Bonus Cash Account will be paid to the account holder’s bank account within ten days of the receipt of the withdrawal request. Clients can also request payments to be made to an International Payment Card account linked to their Bonus Cash Account.

Amicus Regular Savings Plan:

Regular Savings Plan Terms are 1-10 years with Interest payable 6.00-10.00% per annum:

• The minimum monthly regular investment is 100 USD or the currency equivalent. Higher regular investments are possible without notice. There are no penalties if payments are made irregularly or just once.
• Payments can be made in all major currencies. The interest payable is the same regardless of the currency choice.
• New payments are invested on the last day of each month.
• Capital and accrued interest is transferred to a cash account on the last day of the month at the end of the chosen savings term.
• Early redemption is possible at any time by giving 30-days’ notice, with a loss of accrued interest for the part of the capital to be withdrawn. Clients should therefore consider carefully the length of their savings term choice.

Amicus Single Investment Plan:

General information on all our Products

AVAILABLE CURRENCIES AND RETURNS

An Amicus Investment Agreement can be signed in all major currencies. A list of acceptable currencies can be requested from our Customer Service. The return is the same regardless of the currency choice. If the client requests a currency exchange to be made, a Currency Exchange Fee of 0.25% of the exchanged amount is added to the normal bank rates and is withdrawn from the Cash Account.

AMICUS CASH ACCOUNT – NON INTEREST BEARING TRANSACTIONS ACCOUNT

All account holders signed with Amicus Investment Agreement have a Cash Account as their main account. The Cash Account works also as a transactions account, showing the transaction history of the account holder’s Investment Agreement with Amicus. All investments made will first be booked to the Cash Account and then transferred to the chosen Fixed Term Account on the date they are received. Payments made for Regular Savings Plans will accordingly be transferred to the plan Account on the last day of the relevant month. If no investment order has been specified, the Cash Account balance will then automatically be transferred to a 3 month Automatically Renewable Fixed Term Account. Clients can also request a certain amount to be held on their Cash Account. Vice versa, redemptions from Fixed Term Accounts will always be transferred to the Cash Account.

There is no interest payable to the Cash Account. This means that no interest will be paid for the short period between when the new funds have been booked to the Cash Account and when they are transferred to the chosen Investment Account.

Transfers into the Cash Account can be made on any banking day. Withdrawals from the Cash Account will be paid to the account holder’s bank account within five days from the receipt of the withdrawal request. Clients can also request payments to be made to an International Payment Card account linked to their Cash Account. The number of withdrawals from the Cash Account is unlimited and free of charge.

PAYMENT METHODS

Payments can be made to us in any tradable currency, either as a bank wire or with most international credit cards. Payments can also be made via MoneyGram or Western Union. Further payment instructions will be given after your application has been approved.

BANK CHARGES AND FEES

Bank charges and fees occurring from clients’ payments to/from Amicus accounts are charged from client’s Cash Accounts as banks have charged them from Amicus Investment. This concerns also possible transfers to clients’ payment card accounts. Payments to an Amicus Regular Savings Plan can be made free of charge by most international credit cards.

EARLY REDEMPTIONS

Account holders are expected to hold their investment products to the end of their chosen investment period. Early withdrawals can be made from an Amicus Regular Savings Plan by giving 30 days’ notice, by paying the accrued interest as the penalty. In case account holders need to redeem funds from their Amicus Single Investment Plan before the agreed maturity of the underlying investment account, they should contact our Customer Service to receive the terms available for early redemptions.