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Showing posts from February, 2023

Strata Management Agency Melbourne | Local Body Corporate

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Strata Term onboarding steps for Strata Managers Below is the process for setting up (at a manager level) with Strata Term, just so it’s clear. Process for setting up with Strata Term: Lodging responsible strata manager identification (AML) with cash platform Lodging individual strata management contracts for each plan/scheme who would like to invest Once the initial paperwork has been lodged, there are no additional requirements for each new term deposit for that plan/scheme. Once the above is done, new term deposits can be applied for without any additional paperwork, and Strata Guardian will complete the administration. Updated certified ID for the Strata Manager or an updated bank statement will be required should they expire or change prior to requesting a new term deposit. Some of the current Deposit Issuers  available   through  the Strata Term service: Process for applying for a term deposit once the above is completed. Current rates are suppl