Pearler uses a Client Trust Account to secure any cash you have held with Pearler. As part of this setup, the only way to move funds between Pearler and your bank account is via direct debit. For this reason, the normal process of deposits is reversed. Instead of Pearler providing you our BSB/ACN, we instead ask for a copy of your BSB/ACN and action the transactions ourselves.

It’s a very similar process to how a typical gym or health insurance program would move money between your account and their account.

You can learn more about ways to pay into Pearler here.

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