Services - Term Deposits
TERM DEPOSITS - Short to medium term investments typically with a fixed term of 7 days to 2 years but in some cases out to 5 years. Interest is paid at maturity, although for longer deposits, quarterly, semi-annually or annual interest are also available.
RANGE - Curve Securities offers term deposit options with an extensive range of Authorised Deposit-Taking Institutions (ADI). Our Deposit Partners include Credit Unions, Building Societies and Banks ranging from Regional Banks to Majors. Please contact us for a list of institutions currently looking for funds.
BEST RATES – Curve Securities endeavours to find the best term deposit rates available in the market place to offer to its clients. There are always ‘specials’; Curve knows where to find them. We circulate a daily and weekly rate sheet that summarises the best rates we've negotiated with our deposit partners based on $1 million deposits. We may be able to get better rates for larger amounts. Contact us to enquire about receiving the rate sheet.
NO FEES – Curve Securities does not charge a fee for hunting down the best term deposit rates in the market place. The rate we quote you is the rate you receive. We negotiate and receive commission from the institutions we introduce your funds to. The amount typically varies between 2 and 50 basis points on the transaction and depends on a variety of factors such as:
- Size of the deposit
- Term of the deposit
- Institution the deposit is with
- How keen that institution is for funds
- Market rate movements etc
PERSONALISED SERVICE – Curve Securities’ principal activity is providing premium wholesale term deposits. Our personalised service is tailored to clients' individual investment requirements allowing the investment process to be streamlined and simple. Satisfied clients across Australia are welcoming the ease of dealing with Curve Securities.
AVOID PAPERWORK – By dealing through Curve Securities you can avoid the time-wasting duplication of account opening and identification forms. Many institutions charge us with the responsibility of fulfilling AML / CTF identification requirements. When paperwork is required we shoulder much of the burden by filling out as much as we can on your behalf.
DIRECT SETTLEMENT – Funds are deposited directly with the ADI, generally via EFT or cheque. Deposit funds are never credited to Curve Securities. We merely act as a negotiator and facilitator to you maximising your investment interest. In this low interest rate environment that’s important. Curve Securities will issue a contract note confirming all deal particulars and if required the deposit taking institution will also issue one.
DEPOSIT SIZE – The minimum deposit size is generally $500,000. Rates for smaller size deposits are available on application. Generally the larger the deposit size the better the rate you’ll receive. Our rate sheet is based on $1m lots so please call for a quote if your deposit is over $2m / $3m and we may be able to get a better rate.
CASH – At call accounts offer clients greater flexibility to access funds. When liquidity is tight or if you need access to the funds soon this may be a good option for you. Curve can offer wholesale at call products from a range of institutions at very attractive rates.
