IF YOU CANCEL YOUR POLICY BEFORE THE END OF YOUR FIVE YEAR TERM, THE CURRENT MARKET VALUE (at the time of cancellation) OF THE 1 Oz INVESTGOLD SILVER MEDALLION, WILL BE DEDUCTED FROM YOUR FIRST MONTHS DEPIT ORDER WITHIN YOUR ACCOUNT.
INVESTGOLD is herewith instructed and authorised by me First Name & Surname* to select and purchase on the coin market on my behalf any type of coins/medallions/bars or portions thereof in the specific series selected by me by means of utilizing my monthly Golden Mile Plan premiums/funds to pay for such on my behalf.I am a collector and need a vast variety of coins/medallions/bars and portions thereof. INVESTGOLD must select the best possible products to their knowledge and to their All coins/medallions/bars or portions thereof bought by me or on my behalf, as instructed best ability when purchasing coins/medallions/bars or portions thereof on my behalf. and authorized by me, is kept in safe custody with INVESTGOLD free of charge or until INVESTGOLD asks me to collect such products.I understand that supply and demand determines buying and selling prices and that INVESTGOLD cannot be held liable for any underperformance as INVESTGOLD does not dictate market conditions.I may sell any of my coins/medallions/bars or portions thereof to INVESTGOLD or any other interested party once I accept the buyback price offered to me. INVESTGOLD needs not contacting me with every transaction as I herewith provide the needed instruction and authorisation to INVESTGOLD to make use of my monthly Golden Mile Plan remiums/funds on my behalf to select products in the following specific plan and series’ by me.
‘portion(s) meaning portions in products made available via INVESTGOLD’s Co-Ownership plans. One portion is equal to the value of 1% of a coin, medallion or bar;
‘product(s) meaning a coin, medallion, bar or portion thereof;
‘plan(s) meaning ‘ Gold Bullion’, ‘Silver’ and ‘Custom’ whereas each plan has its own selection of specific percentages allocated to a specific series to be utilised;
'Krugerrand' meaning legal tender bullion gold coin minted in South Africa reflecting the word ‘Krugerrand’;
'Silver' meaning any silver coin/medallion/bar
'Rare Coins' meaning any limited edition gold, platinum, palladium or silver coin/medallion/bar
I/we hereby request and authorize INVESTGOLD to draw against my/our account with the above-mentioned bank or any other bank or branch I may have or to which (state the amount in words) I/we may transfer my/our account the Rand sum of Enter the amount in words* or any variable amount pertaining to this agreement on theselect day of the month1st16th26th* of each month. This being the amount necessary for the settlement of the monthly amount due to INVESTGOLD in respect of my/our purchases/contract/agreement dated Date* DD/MM/YYYY All such withdrawals from my/our account by INVESTGOLD shall be treated as though they had been signed by me/us personally.I/we the undersigned "instruct" and authorize INVESTGOLD’s agent Netcash (Pty) Ltd, to draw against my/our account. I/we understand that if bank details have been supplied the withdrawals authorized here will be processed by Netcash. I/we also understand that details of each withdrawal will be printed on my/our statement.I/we agree to pay any banking charges relating to this debit order instruction.This authority may be cancelled by means of giving INVESTGOLD thirty days notice in writing will be supported by an official bank confirmation letter submitted seven days before the next debit orders. I/we understand that I/we shall not be entitled to any refund of amounts, which INVESTGOLD has withdrawn whilst this authority was in force if such amounts were legally owing to INVESTGOLD.I/We acknowledge that the party hereby authorized to effect the drawing(s) against my/our account may not cede or assign any of its rights and that I/we may not delegate any of my/our obligations in terms of this contract/authority to any third party without prior written consent of INVESTGOLD management.First Name* Last Name* Date* Signature* I confirm that all information supplied by me is true and correct and herewith accept INVESTGOLD’s Standard Instruction Authority Golden Mile Plan (SI) Terms & Conditions (SI GMP T&C) which I have read, understood and which has been explained to me. I am aware that as defined in the SI GMP T&C's document and following the clause references:2.1 Investgold is the party with whom I am contracting;2.2 I am the client referred to therein;2.3 this is the application form referred to in clause 2.3;2.4 the products are coins/medallions/bars or portions thereof as chosen by me from the GMP product schedule as defined in the GMP terms and conditions made available to me at the time of purchase;2.5 GMP broker will be assigned as my consultant with whom I have been dealing;2.6 the option entitles me to choose coins/medallions/bars or portions thereof when I have paid sufficient funds in my account to INVESTGOLD in terms of the agreement entitling me to do so;2.7 I am liable to pay all the admin charges as defined;2.8 the contract term has been agreed at 5 years2.10 I will in due course choose from the product schedule as defined in clause 2.10;5.2 Investgold will forward to the client (a) a copy of the Investgold Standard Instruction Authority Golden Mile Plan Terms & Conditions (SI GMP T&C) and (b) a Golden Mile Plan Certificate reflecting the contract. The Client may terminate the contract by submitting a written cancellation within 14 days after the first successful monthly payment via debit order. Note that clause 7 will immediately take effect, but INVESTGOLD will take no further action against the client for canceling the contract and the client will not be held liable for any further monthly payments.By making this application I acknowledge that in all my business dealings with Investgold the terms and conditions reflected in the (a) INVESTGOLD Standard Instruction Authority Golden Mile Plan Terms and Conditions SI GMPT&C and in (b) INVESTGOLD Standard Terms and Conditions (as amended from time to time) will apply to and bind me and be adhered by me. In the event of there being any conflict between the (a) INVESTGOLD Standard Instruction Authority Golden Mile Plan Terms and Conditions SI GMP T&C and (b) INVESTGOLD Standard Terms and conditions (as amended from time to time) then the provision of the former document will apply.The (a) Standard Instruction Authority Golden Mile Plan Terms & Conditions SI GMP T&C and (b) Investgold Standard Terms & Conditions apply and are available on request and also on www.investgold.co.zaFirst Name* Last Name* Date* Signature*
IMPORTANT: When you sign this Acceptance Form and return it to us:
INVESTGOLD | 23 West Street, Houghton Estate, JHB
011 486 1196 (JHB) | 044 877 0339 (GRG) | email@example.com | REG: 2014/200689/07 | VAT: 4890221775