I have a question regarding the Trading212 Invite a Friend Promotion.
In the Terms and Conditions it says at 3.3:
You have to log into Your Trading 212 account at least once every three months after you have received/sold the Referral Share (whichever occurs the latest).
In the occurrence of an Event of Default you shall be subject to a penalty. The penalty for an Event of Default shall equal the monetary amount of the Referral Share/s at the time of an Event of Default.
My question is: What happens if I invite a friend, he get his Referral Share, sells it after 30 days, withdraw the money and decides to close his account. After 3 months they will send a bill? Or do they only take money if your account is still active with credits available?