Cash Deposit Account 2026

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The document provides comprehensive information about the Cash Deposit Account (CDA) offered by the Commonwealth Bank of Australia, including its features, terms and conditions, investment options, interest rates, withdrawal policies, and associated risks. It outlines the minimum deposit requirements for various account types, explains how interest is calculated and paid, and details the process for opening an account. Additionally, it addresses customer privacy, complaint procedures, and potential tax implications related to investments in a CDA.

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Click ‘Get Form’ to open the Cash Deposit Account form in the editor.
Begin by filling out Section A for personal customers or Section B for non-personal customers, providing all required details such as names and contact information.
In Section C, specify the statement mailing address. Choose from options like residential or registered address.
Proceed to Section D to nominate bank accounts for fund transfers. Ensure these accounts are in the same name as your Cash Deposit Account.
In Section E, read and accept the Declaration, Authorities, and Acknowledgements. Sign and date where indicated.
Review all sections for accuracy before submitting the completed form to your relationship manager or any branch of the Bank.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is a deposit cash account?

A cash deposit is the money you pay into your bank account or savings account. The bank then has a liability to keep the money safely and pay you it back on the terms you have agreed for that account.

What are the 4 types of deposit accounts?

Savings, Current, Salary, Fixed Deposit, and Recurring Deposit Accounts cater to different financial needs, offering flexibility and tailored benefits.

What is an example of a cash deposit?

Cash deposits are money you transfer into your bank account. Cash deposits can include cash, checks and money transfers. You can do a cash deposit through a bank teller, at an ATM, or via mobile app.

What does a deposit account mean?

A deposit account refers to any account at a banking institution that allows account holders to add and withdraw money and safely store their funds. Common examples of a deposit account are checking accounts, savings accounts, certificates of deposit (CDs), or money market accounts.

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