commsec - netbank cdia changeover., page-8

  1. 3,072 Posts.
    ---and find that Commsec and NetBank are NON-GUARANTEED subsidiaries of the CBA.---

    My understanding is that NetBank is regular Commonwealth Bank accounts, backed by gov.t garuntee.

    Commsec and Commsec deposit accounts, although a fully owned subsiduary of Commonwealth Bank are not garunteed.
 
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