Commonwealth Bank Cash Management Trust - Savings Accounts

Commonwealth Bank Commonwealth Cash Management Trust

The Commonwealth Bank Cash Management Trust gives you flexibility of transaction without the need to pay any penalty fees. You don't need to pay transaction fees for withdrawals and deposits and you also don't need to pay entry or exit fees. This gives you freedom to move your money anytime you wish to do so. In the Commonwealth Bank Cash Management Trust, income returns are paid quarterly which enables you to reinvest or withdraw money for other purposes. There are no maximum and minimum terms and you can withdraw funds at short notice. Commonwealth Bank also has a professional management team that searches for highly regarded low-risk investments that help protect your income. The Commonwealth Bank Cash Management Trust has the InTouch telephone service that allows you to regularly keep track of your funds. You can call the InTouch telephone service for updates and to make withdrawals or deposits.

To apply for the Commonwealth Bank Cash Management Trust, you need to have a Tax File Number (TFN) or TFN Exemption. You must be an Australian resident and the account must be in personal names; Company or Trading accounts are not eligible. You may also need to give your existing Commonwealth Bank deposit/debit/credit account numbers or NetBank Client Number.