Avoiding Transfer Limits
It is important to understand that electronic transfers have transfer limits that can limit the size of fund transfers to other accounts. To avoid the "Limit" issue you should use the Fax Authority option to transfer monies to other accounts. This option has no transfer limits allowing you to transfer SMSFs as required and for larger amounts.
To download the Commonwealth Bank Accelerator Cash Account Fax Authority click here.
No financial product advice or recommendation
No Advice Express or Implied: It is important to understand that ESUPERFUND has not taken into account any particular investor's objectives, financial situation or particular needs. ESUPERFUND does not provide financial product advice or recommend any financial products either expressly or implied. ESUPERFUND expressly states that it does not recommend, represent as suitable, or endorse any financial product or service available through ESUPERFUND. This applies in relation to the CBA Transaction Account. ESUPERFUND does not advise or recommend that this product is suitable to a particular investor’s financial requirements or needs in relation to their SMSF. Any information provided in relation to the CBA Transaction Account is factual information only about the operation of the account and how data is made available to ESUPERFUND. Accordingly you should read the disclosures relating to the CBA Transaction Account before making any decision about whether the CBA Transaction Account is suitable for your SMSF needs. We also recommend that you should seek professional advice from a financial adviser before making any decision to use the CBA Transaction Account for your SMSF.
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