No account holder is an unsecured creditor at a bank that comes under FCS.........
There is a defined point at which an account holder becomes an unsecured creditor in the FCS process.
Generally that is when an account holder exceeds $250K when all the accounts they hold at the ADI are added together. They are unsecured on the amount above $250K.
How this applies to the SW Trust accounts I am unsure. I do not know who my SW ANZ Trustee is, or how my account is arranged. ANZ would not tell me as I am not the account holder. 131314.
As my balance is zero I am satisfied in what I currently know.
No account holder is an unsecured creditor at a bank that comes...
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.46M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $1.03K | 7.923K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 167000 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 150510 | 8 |
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| Last trade - 15.18pm 31/05/2024 (20 minute delay) ? |
| SWF (ASX) Chart |