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Share Accounts can be also opened jointly, or as a group with up to four signatories.
You can even open a Share Account on behalf of a child, which will become their own when they are aged 16. Download an application form. Please note that you have to be a UK resident to open a Share Account.
To invest in Shared Interest Society you need to take three simple steps:
1. Read about the Share Account and associated Terms and Conditions
2, Either open a Share Account online, or download an investor enquiry pack and post it back to us. Shared Interest enables UK investors to share the risk involved in trying to provide a fairer way of doing business. By opening a Share Account you are agreeing to take and share this risk. (Interest currently 0.5%)
3 We will then ask you to send us a cheque for your investment made payable to "Shared Interest Society", or make a bank transfer which will be added to your share account.
Then, Once open running your account is simple; you will receive regular statements detailing your transactions. You will also receive information and messages from the producers we are helping in a quarterly newsletter.
You can invest further funds up to the value of £100,000 and apply to make a withdrawal whenever you want.
Shared Interest lends money to (fair trade) businesses all round the world to achieve positive social impact. If we experienced substantial bad debts in one year, wiping out our £2.03 million reserves, we would have to suspend withdrawals or make a charge against Share Accounts. However, this has never occurred in the entire operation of the Society from its commencement in 1990 to-date.
More information: If you would like to talk to our membership team about opening a share account call Ann or Alan on 0191 2339102. or email: email@example.com
Invest in a fairer world: Start your journey. Click here and open a Share Account online now.