The Investor’s Package (PI) is an offer combining an investment account (consisting of a securities account and money account) at Dom Maklerski Banku Handlowego S.A. and personal account at Citi Handlowy. Launching of the PI allows a Client to submit securities buy orders at DMBH using funds remaining at the Client’s personal account with Citi Handlowy without requiring in each case an instruction to transfer appropriate funds into the investment account.
Acting upon an appropriately submitted power of attorney, the DMBH employee generates a transfer of funds sufficient to cover the buy order. If the transaction is not closed or cash funds are released, they shall be transferred to the Client’s personal account at Citi Handlowy without any instruction required from the Client. In addition, any other financial resources crediting the investment account, such as dividends, interest and amounts generated from repurchase of bonds, will be transferred to the Investor’s personal account without requiring any additional instruction.

Investor’s Package allows:

• investing without maintaining cash balances on the investment account;
• using cash funds deposited at Citi Handlowy for stock exchange investing;
• daily transfer of cash from the investment account to the personal account at end of each business day;
• free of charge and automatic transfer of cash funds between DMBH and Citi Handlowy;
• beneficial interest rates available at Citi Handlowy;
• unlimited access to all cash funds available on the bank account.

Investor’s Package allows easy and convenient use of all services offered by both DMBH and Citi Handlowy.

No fees – Automatically – No need to remember
Transfer of cash funds from DMBH to Citi Handlowy and from Citi Handlowy to DMBH does not involve any fees. You do not have to remember about crediting the investment account and submitting additional transfer instructions to your personal account.

Security
The PI is based on the Client issuing a standing order for transfer of funds between the Client and Citi Handlowy accounts and maximal restriction of DMBH employee’s access to the Client account. This means that actions undertaken by the DMBH employee are limited just to approving the transfer amount without altering beneficiary account number, reviewing account history or performing any other operations on the Client account with Citi Handlowy.

• Buy orders using cash funds available on the personal account with w Citi Handlowy may be placed in respect to all securities.
• A buy order for securities is accepted upon approving by the DMBH employee of a transfer of funds from the account with Citi Handlowy to the money account with DMBH.
• A transfer of funds instruction submitted at Citi Handlowy within the Investor Package service is irrevocable.
• Investor placing an order for buying securities using funds accumulated on the account with Citi Handlowy is obligated to hold on his personal account funds required to cover the order price (for orders with limits: number of securities times the price limit for orders without price limit: number of securities times their last available price increased by the permitted maximum increase in price of securities) plus fees due to DMBH.
• Transfer of available, unblocked cash funds from the money account with DMBH to Citi Handlowy takes place after final settlement of the stock exchange session on the given day. According to the regulations prevailing on the stock exchange, funds generated from sale of securities become available after the session is settled on the third settlement day after sale of the shares (D+3) and on the second settlement day after sale of bonds (D+2). Settlement of the stock exchange session takes place after 5:00 p.m.
• DMBH reserves itself the right not to transfer available funds to Citi Handlowy where technical problems make it impossible to determine the balance of funds on the account with DMBH. In such case, funds will be transferred on the next business day.

• an investment account with DMBH
• a personal account with Citi Handlowy and submitting an appropriate power of attorney to DMBH for transfer of cash funds between Citi Handlowy and DMBH.
  

The following requirements have to be fulfilled to use the Investor Package:

• Investor Package may be used provided that the Investor possesses:
  • an investment account opened in result of executing an agreement for providing brokerage services with Dom Maklerski Banku Handlowego S.A. (DMBH),
  • a personal account with Citi Handlowy,
  • issuing an appropriate power of attorney to DMBH.
• User of the Investor Package is obligated to issue a power of attorney to DMBH, allowing the brokerage house to:
  • perform instructions of funds transfer from the personal account with Citi Handlowy to the money account with DMBH in relation to the submitted securities buy orders,
  • perform standing orders of daily transfer of available cash funds from the DMBH account to the current account with Citi Handlowy,
  • debiting the personal account at Citi Handlowy with fees and commissions, as well as other liabilities towards DMBH in relation to rendering of brokerage services, operation of the money account and the securities account.
• The power of attorney described above is an integral element of the Investor Package, allowing purchasing of securities using funds accumulated on the personal account at Citi Handlowy and transferring of surplus funds from a non-interest bearing money account at DMBH to the personal account at Citi Handlowy.
  

• Withdrawal of surplus cash funds within the Investor Package may be performed only from the personal account at Citi Handlowy (branch offices and ATMs).
• Performing of standing orders of funds transfer from the money account at DMBH to the current account at Citi Handlowy on the same day does not apply to funds that were credited onto the account at DMBH after 5:30 p.m. Such funds will be transferred to Citi Handlowy on next business day.
• Transfers of cash funds from DMBH to Citi Handlowy and from Citi Handlowy to DMBH within the Investor Package service are made free of charge.
• Termination of the services:
  Termination of the Investor Package services takes place after the beneficiary thereof submits an instruction of closing the service. The closing instruction may be submitted to DMBH or to Citi Handlowy