Following the RBA's decision to reduce the cash rate, we will be decreasing home and business loan variable interest rates for existing Members. Read more.
Financial Institutions in Australia are governed by the Anti-Money Laundering and Counter-Terrorism Financing Act which came into force in 2006. The AML/CTF Act has had a significant impact on the Australian financial sector and has imposed AML/CTF obligations.
Some of these obligations include:
The Mutual Bank endeavours to comply with the AML/CTF Act in all dealings with members.
Click here to view further details of the obligations of the AML/CTF Act.
