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INFINITY TRUST AGREEMENT |
| Product Definition: |
Infinity Trust Agreement is a Grantor's Trust where the Bank is designated as the Trustee of funds for the benefit of the Trustor/Client who is also the Beneficiary. However, if the Trustor/Client wishes to designate a beneficiary for his account, this option is also available. |
| Product Positioning: |
High earning investment product where the client can build up a fixed-income investment portfolio for himself or his designated beneficiaries. |
| Target market: |
Medium-sized to high networth individuals with excess funds for investments.
Businessmen, professionals who do not have the time to manage their own investment portfolio.
Institutional clients/retirement funds.
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| Product Benefits: |
Higher yields
Diversified investment portfolio
Safety of investments
Option for designating beneficiary
Option to restrict investment outlets
Full disclosure by the Bank on use of funds
Tax exemption benefits for tax-exempt clients
Professional management of funds
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| Product Features: |
Minimum Initial Deposit:
Term:
Interest Rate:
Withholding tax:
Interest Computation:
Interest credited:
Fund Access:
Transaction Record:
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P500,000.00
30 days; shorter term accommodated depending on investment availability.
Based on prevailing market rates; available daily at Daily Rate Sheet
20.0%
At Maturity
At Maturity
EWBC Trust Check Manager's Check Auto-credit to EWBC SA/CA
Investment Advice
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| Charges and Fees: |
Pretermination Penalty:
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Prevailing SA rate if withdrawn prior to maturity of investment.
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