If you have money there, take it out like they say. But you probably don't, because it's a new (relatively speaking) bank that never got big enough to make money.
They didn't lose the money; instead they decided not to keep trying to break into the business. The funds are guaranteed by the Aussie banking regulators. If you have money there and don't take it out, it will be harder to withdraw after the date they specify, but you'll get it when all is said and done.
Any bankingfags out there so as to advise?
If you have money there, take it out like they say. But you probably don't, because it's a new (relatively speaking) bank that never got big enough to make money.
They didn't lose the money; instead they decided not to keep trying to break into the business. The funds are guaranteed by the Aussie banking regulators. If you have money there and don't take it out, it will be harder to withdraw after the date they specify, but you'll get it when all is said and done.
I dont, but that is a good explanation.