Subject to any agreement you may have with Sasfin, the contents of the Platform, including trademarks, copyright and patents are owned by Sasfin.
Our Privacy and Cookie Notice explains what personal information we collect about you when you use the Platform, and you can view our Privacy and Cookie Notice online by clicking here. Please note that when you agree to these T&Cs and any applicable Specific T&Cs you shall be deemed also to have read, understood and agreed to our Privacy and Cookie Notice in its entirety.
These Specific T&Cs for SWIP Managed Accounts (“Specific T&Cs) for Sasfin Wealth Investment Platform Proprietary Limited (“SWIP”) must be read together with Sasfin’s T&Cs and shall supplement the terms of any agreement entered into with you.
By your signature hereto, you authorise us to manage your Investments, subject to the terms and conditions contained in this Mandate and subject to the Relevant Law. Sasfin accepts this Mandate and authority subject to the terms and conditions contained herein and subject to the Relevant Law.
Sasfin shall provide you with a monthly statement of account. Such statements will show full details of:
Any provision in this Mandate which is or may become illegal, invalid or unenforceable in any jurisdiction affected by this Mandate shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability and shall be treated pro non scripto and severed from the balance of this Mandate, without invalidating the remaining provisions of this Mandate or affecting the validity or enforceability of such provision in any other jurisdiction.
In the event of any failure, interruption or delay in the performance of Sasfin’s obligations hereunder resulting from acts, events or circumstances not within our control (including but not limited to acts of God, industrial disputes, acts or regulations of government bodies and authorities or of any Investment exchange or clearing house or the breakdown, failure or malfunction of telecommunication, postal or computer services, including electrical power or electronic failures or interruptions), Sasfin shall not be liable to you or any other person for in respect of any direct, indirect or consequential liability, loss, damage or cost of any kind or nature.
It is recorded that you will have been separately obliged to deliver to us certain information required under FICA, including information pertaining to your source of funds and income. You are reminded that it is your responsibility to notify us in Writing should there be any change to that information and you are aware that we may not transact on or give effect to any instruction on your behalf until such time as the relevant FICA documentation is in order. In addition, we reserve the right to call for such additional documentation as we may require and in particular for any FICA documentation to be updated periodically at our discretion. Should you fail, in good time, to provide Sasfin with such information and/or documentation as may be required in terms of FICA, Sasfin may in its sole discretion and subject to the Relevant Law, take steps to block your account until all outstanding information and/or documentation has been provided to our satisfaction.
This Mandate, and any dispute arising from or connected to it, is governed by the laws of the Republic of South Africa. The parties hereby consent to the jurisdiction of the Magistrate’s Court for the determination of any legal action instituted under this Mandate. Notwithstanding this, the parties shall not be prohibited from litigating in the High Court having jurisdiction should either party so elect.