Portfolio Connection Brokerage Account - Union Bank

1. GENERAL DISCLOSURES AND DEFINITIONS
I AGREE THAT I WILL OBTAIN AND READ THE PROSPECTUS OF
ANY MUTUAL FUND AND THE OFFERING MEMORANDUM FOR
ANY NEW ISSUE SECURITY I INSTRUCT INVESTMENT SERVICES
AND/OR NFS TO PURCHASE.
A. Meaning of Words in This Agreement
As used in this agreement, “I,” “me,” “my,” “our,” “us,” and “we” refer
to the person(s) who signed this Agreement and others who are
legally obligated on the Portfolio Connection Brokerage Account and/
or are authorized to take actions with respect to investments in the
Portfolio Connection Brokerage Account on my behalf, or the entity
on whose behalf this Agreement is executed. “You” and “your” refer
to Investment Services, NFS and/or the Bank as the context requires,
and their officers, directors, agents and/or employees. References
to a Portfolio Connection Brokerage Account include both the
brokerage and settlement services, features and transactions for the
affiliated Core Investment Account Vehicle I have with Investment
Services, the Bank, and NFS, and cash management services,
features, and transactions conducted and processed by the Bank.
Cash management services provided by the Bank may include, but
are not limited to, check cashing, ATM deposits and withdrawals, and
wire and ACH transfers. A complete listing of services and fees is
contained in the Portfolio Connection Handbook and Fee Schedules,
respectively. References to “securities” mean permissible securities
of any kind, whether for present or future delivery. The words “other
property” mean permissible investments other than securities,
available in U.S. markets, including money market instruments and
financial instruments, such terms to include but not be limited to
certificates of deposit, bankers acceptances and commercial paper.
Reference to “transactions” means permissible transactions in
securities and other property available in U.S. markets, including but
not limited to wire transfers, checks, ATM deposits and withdrawals,
and ACH payments.
B. Customer Identification Program (CIP) Notice
To help the government fight the funding of terrorism and money
laundering activities, federal law requires all financial institutions to
obtain, verify, and record information that identifies each person and/
or entity that opens an account, and to understand the anticipated
activity of the account.
What this means to me: When I open an account, you will ask for my name,
street address, date of birth (for individuals) and other information that
will allow you to identify me. You will also ask to see my driver’s license,
tax identification number or other identifying documents.
C. Customer Due Diligence
Customer ID/USA PATRIOT Act and Transaction Information
Requirements. To aid Investment Services and NFS in complying with
the USA PATRIOT Act and related laws and regulations, you may also
ask me for specific information regarding the nature of anticipated
activity, the sources of my funds, the purposes of transactions,
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