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With an investment cash account, you use your own cash to pay for the securities you want to buy. A margin account, on the other hand, lets you borrow money against the investments in your account to buy securities.
What is a Westpac cash investment account?
An account designed for Westpac share investors. The Westpac Cash Investment Account has been designed with Westpac share investors in mind by offering access to low brokerage, competitive interest rates, convenient features and seamless trade settlements.
Does Westpac have an investment account?
The Westpac Cash Investment Account is issued by Westpac Banking Corporation ABN 33 007 457 141, AFSL and Australian credit licence 233714. Please read the Westpac Cash Investment Account Terms and Conditions (PDF 583KB) and consider if a Westpac Cash Investment Account is suitable for you.
What is a cash investment account?
Cash investments include products that have the low risk and accessibility of cash, combined with potentially higher returns than traditional savings accounts. Types of cash investments include cash management accounts and money market funds.
What is a cash investment fund?
Key Takeaways. A cash investment is a short-term obligation, usually fewer than 90 days, that provides a return in the form of interest payments. Investors that are looking for a safe investment and looking to preserve their capital will opt for secure investment vehicles, such as cash investments.
Cash flows are included in the cash flow statement on a net basis. The GST component of cash flows arising from investing and financing activities which is
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