We also explain what bank
account money ASIC holds and how far back our database goes.
Not exact matches
By most all
accounts, investing in Bitcoin
ASICs today will lose you
money.
With savings bank
accounts,
ASIC's unclaimed
monies online search database goes back to 1989.
ASIC holds
money from bank, credit union and building society
accounts that have not been used in 7 years and contain a balance of $ 500 or more.
For example,
ASIC requires EightCap to maintain segregated
accounts for its clients» funds at the National Australia Bank (NAB) in accordance with the Australian Client
Money Rules.
ASIC figures from a 3 - month period in 2015 showed that 83 % of mistaken transactions were because people incorrectly entered the bank
account details of the person they were transferring
money to.
She used
ASIC's MoneySmart budget planner to work out how much
money she needs to pay her bills, and deposited some of the
money into a high - interest savings
account so she'll have
money later when she really needs it.
The bank
account money was received by
ASIC on 31 March 2010.