[committee] Alternative Investment Account

[Sam Moore]

To paraphrase [NEO]:
   - If we make any withdrawals, Westpac will lower the interest rate

To answer [DJA]:
   - [SAS] will ask the guild and get back to the lists!

[SZM]
Pretending to be useful

On Thu, 5 Sep 2013, Matt Didcoe wrote:

> Ignoring the interest rate for a second, can I ask what is so restrictive about Westpac that makes it a bad choice?
> [MRD]
> 
> 
> On Thu, Sep 5, 2013 at 4:35 PM, Daniel Axtens <danielax at gmail.com> wrote:
>       My inquiry is as follows:
>  - What stops the guild taking our money and not giving it back? ISTR that the guild retained the power to disaffiliate clubs and take their $$$.
> 
> [DJA]
> 
> On 05/09/2013, at 4:55 PM, Mark Anderson <markanderson1993 at gmail.com> wrote:
>
>       Samuel Shenton and I have been investigating the possibility of closing the Westpac investment account and opening a new investment account with
>       the Guild Finance. This is due to the fact that the guild account offers us a higher interest rate (4%) with less restrictions than anything
>       offered by Westpac Bank.
> The current requirements for the guild investment account is to simply leave the balance above $3,000. This is easily achievable based on the current
> funds available, and there are also no restrictions regarding withdrawals or deposits.
> 
> If you have any enquiries regarding the investment account please do one of the following
> A) Send a kindly worded email with your enquiry
> B) Smash your head against a wall until you forget your enquiry 
> 
> Regards
> Mark Anderson [NEO]
> 
> 
> 
> 
>