Money Market
Our Money Market division primarily manages and administers cash management accounts (CMA) and term deposits.
Providing bank issued cash management accounts with top-tier practice standards, technology and service.
Our Money Market division delivers bank issued cash management accounts (CMA) and term deposits to the clients of professional advisers using best practice standards and technology including online capabilities, settlement facilities and real-time connectivity.
In 1998, DDH entered its first bank agency agreement with Bank of Queensland (BOQ) to exclusively manage, distribute and administer a cash management style account specifically designed for the clients of licensed advisers.
By depositing funds in a DDH managed, distributed and administered CMA you are depositing funds directly with the issuing bank. You therefore have peace of mind of bank security and the Financial Claims Scheme of $250,000 (aggregated deposits with each Australian Deposit-taking Institution).
BOQ Money MarketThe DDH Advantage
Online Services
Our internet banking portal allows real-time access to all your accounts under a single login.
No Fees
There are no management, account keeping or statement fees applied to any DDH administered CMA or term deposit account.
Competitive Interest Rates
All CMA balances earn a competitive interest rate. Your transaction statement will detail the interest rate on your CMA, and any term deposits you are utilising, to optimise your overall interest rate.
Ideal for SMSFs
Whilst the majority of accounts are opened for self-managed superannuation funds, the accounts are available to all retail clients, including individuals, partnerships, companies, trusts and associations.