AMM collect your personal information & identification in the initial application process. Copies of your identification are provided to each institution as deals are placed. We will contact you to update your ID documents when they expire.

The information required to open an account is stored securely within AMM & our database. AMM does not use the information for any other purpose unless specifically instructed.AMM follow strict security procedures in both the storage and disclosure of personal information and fully observe our responsibilities and obligations as required by the Privacy Act 1988 which regulates the collection, storage, quality, use and disclosure of personal information.

The Anti-Money Laundering and Counter-Terrorism Financial Act 2006 requires that financial institutions collect and verify specific information about their clients.

From AMM secure website you can place your term deposit & all call deposits.

Once your login and accounts are setup, you are ready to start trading.

 Step 1: Browse Rates

Choose the term and institution that suits your client. You can filter the rates by type of financial institution. The “Highest Rate” for each term across all the providers is automatically displayed. The rates are initially displayed in order of the best 3 month rate but can be changed by clicking on any of the term headings.

Step 2: Enter Details of Deal

This is where you confirm the details of the deal. You can download the PDS or Terms & Conditions document for the chosen institution and Financial Services Guide (FSG). A copy of the PDS will be sent to you via email. On acceptance of the deal, the funds will be deducted from your cash management account balance and the deal will appear in the list of Term Deposits on the Current Investments Page.

Step 3: Deal Confirmation

You will receive an email confirming the deal. The chosen institution will send out a separate bank confirmation to you via the email address provided.

On placing a deal you will receive a confirmation via email.

AMM will contact Sequoia a week prior to any maturing investment. Upon instruction, AMM will either reinvest the funds into the institution and deposit of your choice, or redeem the funds as required. AMM never automatically rolls over the funds and therefore avoids significant risk of the investment rolling over from a high interest rate to a low interest rate with the same institution. If no instructions are received, funds are returned to your cash management account to await further instructions.

AMM simple switching process allows you to maximise returns and avoid having term deposit funds automatically reinvested at lower non-competitive rates with the same institution.

The benefits of actively managing your cash deposits include:

• Enabling you to continually maximise interest earned
• Obtaining the most competitive rate available in market at each rollover
• Advance notification of upcoming maturities
• Automatic transfer of funds between institutions
• Minimise administrative costs

The cash management account acts as a hub account to the system and enables the easy flow of funds between financial institutions. With each account the funds are always held in your name.

AMM currently offer the following choice of cash management accounts.

When you complete the online application form you will be asked to choose an account, read the relevant PDS or Terms and Conditions and provide a copy to your client. Please note that Commonwealth Bank is only available to your clients that have existing CBA Accelerator Cash Accounts.

The Anti-Money Laundering and Counter-Terrorism Financial Act 2006 requires that financial institutions collect and verify specific information about their clients.