All and any information contained in this publication is for information purposes only and does not constitute an offer, or a recommendation or an invitation addressed to anyone (or any group of persons whatsoever) to conclude a transaction involving the financial instruments presented herein. In particular the information contained in this publication does not constitute an offer in the meaning of the Civil Code of 23rd April 1964 nor is it a service of investment, financial, tax, legal or any other advice. Any investment decision should be made on the basis of information contained in relevant documents relative to a given structured product (issue conditions, proposal to purchase or conditions) and not on the basis of a brief description contained in this publication. The above documents are available in Bank branches.
This publication contains the position of Bank Millennium S.A. ("Bank") expressed on the basis of its own assessment of facts, which are important to the Bank as well as relevant legal provisions. The Bank assures that it made due efforts in order that the information contained in this publication is reliable and based on authoritative sources, however the Bank cannot guarantee that information obtained from sources outside the Bank is reliable, complete and up-to-date. Additionally the Bank informs that information and analyses contained in this publication are based on information coming from public sources, which were not verified independently by the Bank and moreover may be subject to periodical changes. The Bank shall not be held liable in any way for the financial consequences of performance by the customer of transactions on the financial instruments described herein. At the same time the Bank reserves the possibility of making changes to the form as well as content of this publication, at any time and without notice.
The risk of using the information contained herein, in particular as regards taking investment decisions on its basis, shall be borne exclusively by its recipient.
Financial transactions involve risk, presented in detail in the "Description of risk associated with financial instruments and products for private persons in Bank Millennium S.A", available in the Bank's outlets and on its website.
Whoever acquires a financial instrument, accepts and bears responsibility on account of tax liabilities imposed by valid regulations. With a view to the above risks and circumstances, customers of the Bank should have essential knowledge and experience to assess the nature of every contemplated transaction and risks connected with it. In case of any doubts customers should resort to the services of a tax, legal or investment advisor. The Bank shall provide all and any additional information reasonably requested by the customer, in order to enable him to assess the risks and nature of the transaction.
Conclusion by the customer of transactions involving financial instruments is the basis for consideration that the customer has read the terms and conditions of the transaction as well as the related risk and has accepted them.
Dissemination, distribution and trading of some financial products may be subject to restrictions with respect to certain persons and countries, in keeping with relevant legislation. It is for the customer to demonstrate legal capacity and authority to invest in the financial instrument. Offering and trading of financial instruments may be done only in compliance with relevant legal regulations.
Information contained in this publication shall be made available to the recipient on a strictly confidential basis. The recipient is not authorised to copy, reproduce or furnish and make the information in whole or in part available in any other way to third parties (except its furnishing to professional advisors) without the Bank's prior written consent.
Money deposited in structured products is not protected by statutory system of guarantee provided by the Banking Guarantee Fund (BFG) excluding funds invested in investment deposits and banking securities. Protection is provided for 100% of the money, in an amount not exceeding the equivalent in zloty of 100,000 euro, regardless of the number of accounts/receivables held in the Bank. Registered deposits of private persons are protected in keeping with art. 2 item 1 of the Act on Bank Guarantee Fund.