Notification Regarding Update on Investment Product Terms and Conditions

Bank Account for Investment Product

1. Upon opening a Securities/Mutual Fund Account, the Customer can register all bank accounts under Customer's name held at BCA as source of fund accounts related to purchase/subscription and/or as designated accounts for crediting proceeds from sale/redemption transactions of investment product, crediting coupon/return payment and redemption of matured Securities, as well as crediting dividend gained from the investment in Mutual Fund in accordance with the provisions applicable at BCA.
2. The Customer can choose designated bank accounts for crediting proceeds from sale/redemption transactions of investment product.
3. BCA will credit coupon/return payment and redemption of the matured Securities as well as dividend gained from the investment in Mutual Fund to the bank account used as source of fund for initial purchase/subscription of each Security/Mutual Fund. In the event the Customer change the bank account used for crediting coupon/return payment or redemption of  matured Securities as well as dividend gained from the investment in Mutual Fund, the Customer is required to update the data at BCA Branch that provides investment product transaction services.

Beneficial Owner

Customer is required to complete the Beneficial Owner data if the Customer meets the following criteria:

• Individual Customer
  • Customer who is not the beneficial owner (representing another person)
  • Customer with no income (such as housewife and student)
• Institutional Customer

 For Securities only

Sales of Securities

Securities sales transaction is made based on the order of the earliest ownership first, in accordance with the provisions applicable at BCA.

For Mutual Fund only

Customer Who is Subject to Foreign Account Tax Compliance Act (FATCA)

Customer and/or the Beneficial Owner (if any) of Mutual Fund account who is subject to FATCA is not allowed to submit subscription transactions for certain Mutual Fund in accordance with the provisions in the Prospectus of each Mutual Fund product.

If it is later found that the Customer and/or Beneficial Owner who is subject to FATCA owns Participation Unit or having ongoing auto-subscription transaction of such Mutual Fund, then BCA and/or Fund Manager has the right to force redeem and terminate auto-subscription transaction of the Mutual Fund.