Payment Instructions

What is an Allocated Escrow Account?

An Allocated Escrow Account is an account maintained by a company that is separate from its own operational finances. The client’s funds are deposited into this distinct account, ensuring no mixing between the company’s main bank account and the clients’.

This arrangement ensures that clients’ funds remain untouched and not misused.

The key benefits are as follows:

✔ Insurance coverage of up to $10 million for each account.
✔ Facilitation of automated transfers, both inbound and outbound.
✔ Minimized confusion and enhanced security levels.
✔ Allowing clients to retrieve their funds whenever they wish.
✔ Shielding clients from unnecessary financial hazards.
✔ Offering enhanced transparency.

Who is Hallbar Group Capital?

Hallbar Group Capital is a leader in the financial services domain.  Our commitment extends to offering unparalleled services to our extensive clientele.

Unlike mainstream banks, Hallbar Group Capital primarily deals with the management of investments and ensuring financial prosperity for its stakeholders. Our utmost priority is the security and prosperity of our clientele, stakeholders, and the community at large.

Being a specialized financial institution and not a conventional bank, holding your funds directly isn’t within our operations. Your capital is deposited in a distinct vehicle, conceived post the 2008 financial downturn, to safeguard investors.

This exclusive vehicle ensures a clear distinction between the company’s operational funds and the client’s deposits. These are known as Allocated Escrow Accounts (AEA).

An AEA is always affiliated with another financial entity, compliant with ASIC regulations and protected by the FCS. Typically, these AEAs are linked with mainstream banks, foreign exchange firms, or investment banks.

Is it secure to transfer funds to us?

Definitely. While we don’t manage your funds in our operational account, transferring funds to our AEA is perfectly safe.

Such accounts have an insurance cap of $10,000,000 AUD. Once this threshold is achieved, incoming transfers to the AEA cease. A new AEA would then be initiated.

What does payment verification entail?

Payment verification serves as an extra layer of protection implemented by your bank. This becomes essential when there’s unusual activity in your account or if you’re transferring a substantial sum to a new recipient.

How to Verify?

Post executing your online payment, there might be a need to confirm your transaction either by contacting your bank or they might reach out to you.
If such a situation arises, you should promptly affirm that the payment was initiated by you and instruct the bank to process it so the designated recipient gets the funds.