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OPEN MY FIDUCIARY ACCOUNT TODAY! 

The Fiduciary Deposit allows you to instruct CSB to place a fixed-term deposit with one of its counterparty banks or financial institutions located globally. The aim of placing a Fiduciary Deposit is to reduce the risk of your funds and achieve diversification of your money. 

As a CSB client, you can select where the deposit is placed and for what term allowing you to diversify your investments and improve your returns by enabling you to place your funds on fixed deposits in several banks simultaneously.  Opening an account with CSB gives you access, on request, to a Fiduciary Deposit Account so it is as simple as opening a regular bank account.  If you are an existing client, you simply need to email your account manager to request the latest rates and available terms.  CSB currently has a number of A rated counterparty banks where it can place Fiduciary Deposits on your behalf.

A list of these is available upon request for existing clients.

All Fiduciary Deposits are displayed on your CSB account statement the same as a normal fixed deposit. Interest paid and fees deducted are all visible via your transaction summary within your CSB statement.

Your CSB Online account is revalued daily so that you can view your total CSB Portfolio Cash Account, Fiduciary Deposit Account, Trading Account, Pre-Paid Debit Card Account, Precious Metals Account, and Managed Investment Account at one glance.

GET IN ON THE ACTION

If you are interested in opening a trading account with CSB, enquire with one of our friendly Banking officers or get started online by setting up an account today.

TRADING HIGHLIGHTS - 13 August 2022