Cash management
Placing your money at call through the Forsyth Barr Cash Management service enables you to earn a competitive return on your cash while you save or plan your future investments*.
Call us on 0800 367 227 to get started
Your Forsyth Barr Cash Management account is established when you become a client of Forsyth Barr.
Forsyth Barr Cash Management service at a glance
- Competitive returns on NZ dollars, Australian dollars, US dollars, British pounds, Canadian dollars and the Euro
- Interest is calculated daily and compounds monthly
- No entry, exit, transaction or monthly account fees**
- A convenient means to settle equity or fixed interest transactions you make with Forsyth Barr
- Manage dividend and coupon payments to earn interest immediately and avoid currency conversion
- Cash flow management with options around lump sum or regular deposits and withdrawals
- Quarterly statements to ensure you are able to keep track of your investment
- Quick and convenient access to your cash if your circumstances change
* When you elect to use the Forsyth Barr Cash Management service, Forsyth Barr Limited will arrange for Forsyth Barr Cash Management Nominees Limited to hold your funds as a bare trustee on your behalf in Pooled Cash Management Accounts with Westpac and HSBC. The Pooled Cash Management Accounts are unsecured debt securities of Westpac and HSBC. Interest returns are paid to Forsyth Barr Cash Management Nominees Limited by Westpac and HSBC.
** Westpac and HSBC pay gross interest to Forsyth Barr Cash Management Nominees Limited. Forsyth Barr Cash Management Nominees Limited deducts a margin from the interest received from Westpac and HSBC which it pays to Forsyth Barr Limited as a management fee.