Company Information

Get to know rabodirect australia

RaboDirect was an online-only savings bank launched in Australia by its parent company, the Dutch multinational Rabobank. It operated on a direct-to-consumer model, without physical branches, which allowed it to offer competitive interest rates on its savings products, primarily High-Interest Savings Accounts and Term Deposits. The brand focused on a simple, secure, and straightforward approach to saving. In May 2019, Rabobank announced the closure of the RaboDirect brand in Australia to consolidate its retail offerings. The closure was finalized in early 2020, with existing customer accounts being transferred to Rabobank Australia's own online savings platform.

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Financial BankingPRIMARY
Financial Other Service

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rabodirect australia

Australia

Founded in

2007 (19 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.