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Is “Cash Account” covered under the Deposit Insurance Act?

April 26, 2017ACT cash account Covered deposit Insurance

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Is “Cash Account” covered under the Deposit Insurance Act?

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While the Deposit Insurance Act provides compensation for the first $20,000 worth of deposits under full banks, Fundsupermart is not a bank and thus, is not covered under this act. Return to Top For further assistance, call our helpline at 6557 2853 from 8am to 7pm on Mondays to Fridays, and from 9am to 1pm on Saturdays (excluding public holidays).