Australian Military Bank - Residential - TRANSFER
ACCREDITATION FORM REQ:
Yes
DOCUMENTS REQUIRED:
Drivers Licence or Passport
MFAA/FBAA
PI Cover
AFCA
Release Letter
PROCEDURE:
1) Broker completes & signs application.
2) Astute countersigns.
4) Accreditation training module will be issued by AMB & must be completed by broker within 7 days or module will expire. On completion of module a certificate of completion will generate to broker and Accreditation team.
5) AMB will issue broker ID within 3 days of completion of module
ID NUMBER ISSUED
From 1 September 2020, Australian Military Bank will be introducing the following measures for the accredited brokers. To ensure your accreditation is active with the Bank, you will need to ensure all the below criteria are met.
- Complete the online broker module every 12 months to keep up to date with the Bank’s compliance requirements. This will be assigned to you on an annual basis and upon receipt, you will have 7 days to complete the module.
- Ensure you have provided the bank with current copies of the following
- MFAA/FBAA Certificate
- AFCA certificate
- Copy of PI Insurance
- If you are marketing any DHOAS products/loans, it needs to meet the marketing guidelines and is approved by the Bank.
To maintain an accreditation with the Bank, a broker must have funded at least 1 application every 12 months. Brokers who do not currently meet this criteria will be contacted shortly to discuss their accreditation.
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