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. These are called Permitted Transactions, and generally include the acquisition of listed securities, units in managed funds, term deposits or FX conversions in connection with such investments.
Cash Hub is not a standalone investment product, bank account or deposit facility, it exists solely to support the execution of Permitted Transactions facilitated by FinClear. 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.