Account Features
All associated accounts have the following features:
✓ BSB/Account number
✓ Online transaction history statement for reconciliation purposes
✓ Electronic transfer
✓ Fundraising Account require two signatories to transfer held funds into community groups regular bank account
✓ Help Desk number for cardholder and supporting businesses
✓ more
Security
All funds associated with the CLG fundraising platform will be held in trust by Cuscal Pty Ltd, an Authorised Deposit-taking Institution (ADI) supervised by the Australian Prudential Regulation Authority (APRA).
Over their lifetime they have partnered with the majority of Australia's Credit Unions, as well as many ADIs, building societies, the domestic operations of foreign banks, non-bank lenders, finance companies and superannuation funds. They also enjoy one of the highest long-term ratings from Standard and Poor's for any Australian financial institution.
The card and account data is further protected under the Payment Card Industry Data Security Standard (PCI DSS), this being an industry standard that requires critical protective measures including secure management, policies, procedures, network architecture, and software design.
In short - your funds, card and transactional data are highly secured.