Term Deposits
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Term Deposits
- Investing in a term deposit option on behalf of your clients is an easy process which is outlined below.
- Please note
- To invest in a term deposit your client must have the available funds in their cash management account (CMA).
- Term deposit applications must be received before 12pm AEST to receive the current day’s interest rate. Applications received after 12pm AEST will receive the rate for the next business day.
- If you do not already have a CMA set up within your Acclaim account we will automatically establish one for you when we receive your term deposit application. This process takes two business days to complete. Therefore you will receive the interest rate applicable two business days from the date you submit your application.
- The minimum investment amount required to open a term deposit is $5,000.
- At maturity the principal and interest amounts will automatically be deposited back into the CMA.
- The full list of term deposit options and Product Disclosure Statements (PDSs) are available by clicking the relevant link below. Before you make any decision in relation to a term deposit you and your client should read the relevant PDS.
- How to establish a term deposit
- To view the list of term deposit providers and available rates simply click on the relevant link below.
- Enter the amount you wish to invest on behalf of your client and click.
- Once you determine which term deposit you wish to select, click the info@acclaimwealth.com.au link and enter the required information (including investor details, amount, institution, term and rate).
- When the term deposit has been lodged, you will receive a confirmation email from Acclaim Wealth.
- Term deposit rates
- Acclaim Super
- Acclaim Invest
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