Available cash is the difference between the Balance (AUD) and Minimum cash (AUD). When making withdrawals or placing orders, this is the cash that should be referenced.
- Once you are have searched the client, navigate to the vertical menu. By selecting Cash hub,you will default to the Summary page.
- This section allows you to view the available cash in your client's account.
Each client account must maintain minimum cash requirements in their Self-Directed Portfolio.
- Investment - $2,000
- Super (Accumulation) - $2,000 or 2% of the entire account balance (whichever is higher) up to $15,000.
- TTR & Pension - $5,000 or 5% of the entire account balance (whichever is higher) up to $15,000.
Please note, managed portfolios will have additional minimum cash requirements.