Fulfilling its obligations and legal requirements the Bank concludes agreements with Clients as regards investment products, following prior assessment of appropriateness of these products from the point of view of the Client's knowledge and experience as well as investment risk with respect to investment products.
In case of Clients from the retail, Prestige and Private Banking segment, starting from 17 June 2010, the Bank accept or deliver orders concerning:
- mutual funds,
- shares and other securities (concerns Clients from the Private Banking segment and Clients who have accounts in Millennium Dom Maklerski),
- purchase of structured products (including investment deposits),
- purchase of debt securities,
- concluding life insurance policies with mutual funds,
only after prior conclusion in writing, in the Bank's outlets, of a "Framework Agreement on provision of financial services".
The detailed terms and conditions, under which the above-mentioned services are provided, are stipulated in the "Regulations on provision of financial services for natural persons by Bank Millennium S.A."
In case of Biznes segment and Corporate Banking Customers, starting from 17 May 2010 the Bank accepts and sends instructions concerning mutual funds only after prior signing of the written “Agreement on Accepting and Sending Instructions Concerning Mutual Funds”.
The detailed terms and conditions of provision of this service are stipulated in the "Regulations on accepting and delivering orders of Biznes and Corporate Banking Clients as regards Mutual Funds by Bank Millennium S.A."