ASICAustraliaTier 1Licence number
000239446
View licence record- Licence holder
- Held by CMCU
- Licence type and regime
- Investment Advisory License
Not checkedUpdated
At a glance
Regulation on record for CMCU
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
CMCU has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for CMCU, strongest authority first.
1 record
- ASICAustraliaTier 1
Protection
What this licence protects
ASIC's own rules for the firms it authorises.
- No compensation schemeNo mandatory insurance (but strict fund segregation)
- Negative balance protection
- Complaints routeAFCA
- Maximum leverage1:28
Frequently Asked Questions
Questions about the licences held by CMCU
Answered from the register entries on this page.
Most Popular Questions
Yes, Central Murray Credit Union Limited prohibits clients from the USA, North Korea, Iran, and other sanctioned countries. It primarily serves clients in Australia, the Asia-Pacific region, and some global clients.
The minimum deposit amount at Central Murray Credit Union Limited is 5 AUD. This applies generally, but specific minimums for each funding method are not detailed in the provided context.
According to WIKILIX data, Central Murray Credit Union Limited does not charge fees for deposits or withdrawals across supported funding methods including credit/debit cards, bank transfers, and PayPal. However, withdrawal limits and conditions apply depending on the method.
Central Murray Credit Union Limited supports deposits and withdrawals via credit/debit cards, bank transfers, and PayPal. Deposits are generally instant for cards and PayPal, while bank transfers take 1 to 5 business days. Withdrawal limits and processing times vary by method and region.
Central Murray Credit Union Limited is regulated by the Australia Securities & Investment Commission (ASIC), a tier 1 onshore regulator. It holds an Investment Advisory License and follows strict fund segregation rules, though there is no mandatory client fund insurance. ASIC provides a high level of transparency and complaint mechanisms through AFCA.
CMCU has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
CMCU holds licence records issued by ASIC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by CMCU comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by CMCU has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
CMCU has licence records in Australia. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.