There are many different ways you can go about making an investment. This includes putting money into stocks, bonds, mutual funds or real estate (among many other things), or starting your own business. Sometimes people refer to these options as investment vehicles, which is just another way of saying a way to invest. The goal is always to put your money to work so it earns you an additional profit. One financial product playing a role in this regard is the FNB 3rd Party Investment Manager.
3rd Party Investment Manager (3PIM) is an online system that allows you as an FNB client to open, manage, close and invest your clients’ money into a number of investment accounts.
This product offering is ideal for you if you manage entrusted money as part of your business, if you need to manage multiple investment accounts on behalf of your clients, if you are an attorney, property manager, estate agent or financial services provider, if you are registered as an accountable institution in terms of the FIC Act or if you require an online solution to manage your clients’ money.
This product offers your business an online solution to open, manage and close 3rd party accounts on your clients’ behalf, online access to all accounts through your FNB Online Banking Enterprise solution, paired with full functionality to manage your clients’ details therein, a range of investment products to choose from based on your clients’ requirements, the benefit of a negotiated call account interest rate, based on the total balances in your portfolio, the option to charge a management fee for the administration of your clients’ funds, automated online generation and archiving of statements and the ability for attorneys to create Letters of Undertaking (LoUs) in real time to issue cash-backed property guarantees.
With this product, business investment matters are in safe hands.