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Commonwealth Bank Cash Management Services

A safe, simple and powerful cash management service for investors

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Incorporating the Commonwealth Bank's Accelerator Cash Account (ACA) and Term Deposit products, the Cash Management Service acts as a convenient, fully-featured cash hub for advisers and their clients.

Developed specifically with investors and Self-Managed Super Funds in mind and administered by Core Equity Services, the flexible ACA helps maximise investment opportunities while the Term Deposit helps to lock in market-competitive returns.

With the ability for advisers to view client balances and transactions through their software package 1 and transact on the client's behalf 2, it's easy to see why the Cash Management Services are a natural choice for advisers looking to manage and administer their client's cash flow simply and efficiently.

The ACA and Term Deposit can operate in unison for an effective cash flow management solution, or as a standalone account depending on the client's needs.

Find out more

For information and support, contact your BDM or Core Equity Services on 1800 001 768 between 8.30am to 6.00pm Monday to Friday.

1 Not all software packages supported. Check with your Business Development Manager to see if your package is supported.
2 With signed Authority to Operate.

Commonwealth Bank Accelerator Cash Account (ACA)


Benefits for advisers

  • Balance and transaction visibility through planning software 1
  • Adviser transaction capability 2:
    • Transfer client funds between linked client Commonwealth Bank accounts
    • Transfer client funds to any third party account
    • Request statement reprints
  • Flexible adviser remuneration structure with commission and no commission options available at the client account level

Benefits for clients

  • Simplicity of one account to manage cash flow movements in one place
  • Competitive at-call interest rates calculated daily, paid quarterly
  • No monthly account keeping fees
  • 24/7 account access through Australia's largest banking network including NetBank, telephone banking, any Commonwealth Bank branch, ATMs and EFTPOS
  • No minimum ongoing balance requirement and no minimum transaction amount
  • Flexible deposit and withdrawal options utilising direct debits or BPAY®
  • Full transaction history and quarterly statements online
  • Annual interest earned available on NetBank account summary pages
  • Security of funds protected under the terms of the Australian Financial Claims Scheme (FCS) 3

Commonwealth Bank Term Deposit


Benefits for advisers

  • Balance and transaction visibility through planning software1 1.
  • Adviser transaction capability 2:
    • Place money on term deposit for up to 60 months and request withdraw prior to maturity 4

Benefits for clients

  • Enjoy the security of a fixed rate of return for the nominated term
  • Competitive, guaranteed interest rate
  • Selection of terms available from 1 month to 60 months
  • Flexible interest payment options
  • 24/7 access to account balance and transaction history through NetBank
  • Manage maturity instructions through NetBank (for registered clients)
  • No monthly account keeping fees
  • Security of funds protected under the terms of the Australian Financial Claims Scheme (FCS) 3

1 Not all software packages supported. Check with your Business Development Manager to see if your package is supported.
2 With signed Authority to Operate.
3 Entitlement to payment under the FCS will depend on your circumstances. More information is available at the APRA website www.apra.gov.au.
4 Subject to approval if term is 2 years or less. Prepayment adjustment and administration fees apply.

BPAY is registered to BPAY Pty Ltd ABN 69 079 137 518

Interest Rates

Accelerator Cash Account

  • Current
    Interest Rate    		 Interest
    Calculated    		 Interest
    Paid
    Without Adviser
    Trail Commission    		 4.0% p.a.1 Daily Quarterly
    With Adviser
    Trail Commission    		 3.75% p.a.1 Daily Quarterly

1 Interest rate effective 11 May 2012. Interest rates on offer may vary at any time without notice.

Account Origination

Account Administration and Maintenance

Client Marketing Collateral

IFSA Forms

  • For copies of the current IFSA forms to assist with the client identification process, visit the FCS site and select 'Guidance Note No. 24' from the drop-down menu.

This information has been prepared without taking account of the objectives, financial situation or needs of any particular individual. For this reason, any individual should, before acting on this information, consider the appropriateness of the information, having regard to their objectives, financial situation and needs and, if necessary, seek professional advice. Fees and charges apply. Please consider the General Information Statement and full terms and conditions available on application.

Issued by Commonwealth Bank of Australia ABN 48 123 123 124 Australian Financial Services Licence Number 234945. Ground Floor, Tower 1, 201 Sussex Street, Sydney, NSW, 2000. Accelerator Cash Account and Term Deposit are products of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 ('Bank') and are administrated by Australian Investment Exchange Ltd ABN 71 076 515 930 AFSL No. 241400 ('AUSIEX') under the trademark Core Equity Services. AUSIEX is a wholly owned but not guaranteed subsidiary of the Bank.