Company Information

Get to know Bankvic

Bankvic, legally known as Police Financial Services Limited, is an Australian mutual bank established in 1974. It was originally founded to serve the financial needs of Victoria Police officers and has since expanded its membership to include those in the health, emergency, and public service sectors, along with their families. As a member-owned institution, its profits are reinvested back into the bank to provide better products, services, and rates for its members, rather than generating dividends for shareholders. Its core mission is to build healthy communities that are financially, socially, and environmentally sustainable.

Industry

Financial BankingPRIMARY
Financial Other Service

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Bankvic

N/A

Founded in

01 Jan 1974 (52 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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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.

Please be cautious of the potential risks!

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.