Electronic Funds Transfers

Introduction to Electronic Funds Transfers – Phoenix Capital Group Holdings, LLC
processes Electronic Funds Transfers (EFTs) as an efficient method to receive electronic
deposits from investors, to purchase and redeem investments and to issue refunds to
investors. EFTs are processed through the vehicles described below:

  • The Automated Clearing House (ACH)
  • The Fedwire
  • Credit Card

Electronic Funds Transfers Agreement and Disclosure – This Electronic Funds
Transfers Agreement and Disclosure (this Agreement) is the contract which covers you and
our rights and responsibilities concerning the EFTs services offered to you by Phoenix
Capital Group Holdings, LLC. In this Agreement, the words “you,” “your,” and “yours” mean
an individual who signs up on the Phoenix Capital Group Holdings, LLC Online Platform
(Platform) and utilizes the Platform to participate in offerings (and any authorized users).
The words “we,” “us,” and “our” mean Phoenix Capital Group Holdings, LLC, Inc. EFTs are
electronically initiated transfers of money from your bank account or credit card account,
which you utilize the Platform to initiate, and which allow you to participate in the Phoenix
Capital Group Holdings, LLC offerings. By using any Phoenix Capital Group Holdings, LLC
service, you agree to the terms and conditions in this Agreement and any amendments for
the EFTs services offered.

In order to use the payment functionality of Phoenix Capital Group Holdings, LLC, you
authorize us to share your identity, bank account data and credit card account data with
North Capital Private Securities (NCPS), a broker-dealer registered with the Securities and
Exchange Commission and the Financial Industry Regulatory Authority, Inc., and with North
Capital Investment Technology (NCIT) for the purpose of processing your EFTs, and you
are responsible for the accuracy and completeness of that data. You understand that you
will access and are responsible for managing your bank account data and credit card
account data through the Platform. You also authorize us and NCPS and NCIT to process
EFTs as you direct through Phoenix Capital Group Holdings, LLC. You acknowledge that
none of NCPS, NCIT or we will be liable for any loss, expense or cost arising out of EFT
services provided through your use of Phoenix Capital Group Holdings, LLC, which are
based on your instruction; NCPS and NCIT are third party beneficiaries to this Agreement.