How can fraud be mitigated on the account?
- Deposits to the account are monitored to ensure funds are received from an account in the client's name.
- Withdrawals from the FinClear Cash Hub (other than for the settlement of financial transactions) will only be paid to the nominated linked account.
- Changes to the nominated linked account will require confirmation with the client.
- The authorised adviser on the account is permitted to instruct transfers on the account for approved investment related purposes and to the nominated linked account only.