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It seems like existing funds are held in some sort of trust fund...

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    It seems like existing funds are held in some sort of trust fund which is obviously a different account to the one used for transfer from quantum. As such i guess 10 million would be deposited from overseas then quickly transferred to the australian holding fund?
    Looking at that seems no great benefit to account holding bank and i can see why they might suspect money laundering or something as money just comes in and goes out? Very unusual arrangement, and i can imagine being carefully watched by government? Could explain the problems.
    Last edited by andrewk65: 27/04/24
 
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