Cash Management Accounts
A key component of any investment portfolio is cash. Craigs Investment Partners Cash Management Accounts offer a flexible and comprehensive cash management platform for your on-call deposits and term deposits in multiple currencies.
You can settle the purchase or sale of shares and bonds that you make, or receive investment income (dividends) into multiple currencies through our Craigs Investment Partners cash management accounts. This eliminates the inconvenience of sending or receiving cheques, setting up multiple direct debits or converting investment income back into New Zealand dollars.
Our Cash Management Accounts function as an ideal alternative to your bank savings accounts, as you can deposit cash in competitive and convenient on-call or term deposit Pooled Cash Management Accounts, both in New Zealand dollars and a range of major foreign currencies.*
At a Glance
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Competitive returns
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Tiered interest rates
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Monthly compounding interest for on-call deposits
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Accounts in NZD and a range of foreign currencies
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Electronic settlement of your share market and fixed interest transactions in on-call account
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Direct crediting of dividends and interest coupons
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No entry, exit or transaction fees**
*Where instructed by you, we will administer funds held on your behalf in Pooled Cash Management Accounts with ANZ National Bank Limited (“ANZ”). Funds held on your behalf in the Pooled Cash Management Accounts will be recorded in Cash Management Accounts in your name. The Cash Management Nominee holds the funds as bare trustee on your behalf in Pooled Cash Management Accounts with ANZ or any successor or other registered banks selected by Craigs Investment Partners. The Pooled Cash Management Accounts are unsecured debt securities of ANZ. A copy of the Terms and Conditions and the Craigs Investment Partners Disclosure Statement is available at www.craigsip.com.
**Certain third party fees may be passed on at cost including fees of the registered bank where the Pooled Cash Management Accounts are held.
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