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Which financial organisation holds the funds?

April 26, 2017financial funds holds organisation

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Which financial organisation holds the funds?

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The funds are held by one of the top banks in Australia which also facilitates the processing of the transfers and withdrawals. The cards are issued by EMerchants Holdings Pty Ltd ACN 103.954.516 AFSL No.

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A. The funds are held by one of the top banks in Australia which also facilitates the processing of the transfers and withdrawals. The cards are issued by EMerchants Holdings Pty Ltd ACN 103.954.516 AFSL No. 259689 Q. I presume others can deposit monies on this card. A. Yes, via bank transfer, Bpay or transfer from another card.