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Purpose & Permitted Transactions

  • Cash Hub is a facility made available by FinClear to you (as its Intermediary Client) to assist with the settlement and funding of client investments made through you ("Permitted Transactions"). 
  • Cash Hub exists solely to support the execution of these "Permitted Transactions" facilitated by FinClear.
  • "Permitted Transactions" generally include the acquisition of listed securities, units in managed funds, term deposits or FX conversions in connection with such investments.
  • Funds held in the Cash Hub must not be used for general third-party payments or personal transfers. Only First or Second Party Payments are permitted.
  • Cash Hub is not a standalone investment product, bank account or deposit facility.