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GMCU Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.gmcu.com.au/, the company's legitimate regulatory information AustraliaASICInvestment Advisory License, to enhance the security of the company's address 91-95 Fryers Street SHEPPARTON VIC 3630.

GMCU Forex Broker

Basic information

Registered region
Australia
Operating period
--
Company Name
Goulburn Murray Credit Union Cooperative Ltd
Abbreviation
GMCU
Company employee
--
Customer Service Email Address
info@gmcu.com.au
Contact number
+610358219033
Company website
Company address
91-95 Fryers Street SHEPPARTON VIC 3630
Keywords
5-10 years
Regulated in Australia
Investment Advisory License
Suspicious Overrun
Medium potential risk

Company profile

  General Information & Regulation

  Goulburn Murray Credit Union Cooperative Lspan (GMCU), headquartered in Shepperton, Ausspanalia, provides trading, savings, and investment accounts, secured and unsecured personal loans, commercial loans, residential mortgages through 10 branches in Victoria and currently employs approximately 80 people. GMCU is currently regulated by the Australian Securities and Investments Commission (ASIC) and holds an authorized investment advisory license, Regulation No. 241364, but this license is suspected to be over-qualified for operation.

  Products & Services

  The products and services offered by GMCU mainly include loans (personal loans, home loans, business loans), international services (cash passport cards, foreign exchange, money orders), digital wallets, AMIGO credit cards (with a minimum credit limit of $1,000 and annual fees as low as $49), insurance (home contents insurance, motor vehicle insurance, caravan and trailer insurance, travel insurance, boat insurance), etc.

  Minimum Deposit

  GMCU offers three types of account types, namely Transaction Account, Savings Account, and Time Deposit Account. Transaction accounts include My Everyday Account, My Business Account, Our Community Account, and My Connections Account. Savings accounts are divided into Christmas Saver Account, Online Saver Account, Cash Manager Account, Advantage Saver Account, and My Mortgage Offset Account. The Term Deposit Account includes the Monthly Income Deposit Account and the Fixed Deposit Account. The minimum deposit requirement is not fully disclosed on the GMCU website.

  Payment Methods

  GMCU supports traders to make payments through electronic payment. Using this payment method, if a payment is to be made to another GMCU account, purchased, or cashed using EFTPOS, the recipient will receive the payment immediately. If transferring funds outside of the GMCU or conducting a BPAY transfer (i.e., online banking, phone banking, or branch assistance), then the payment will be subject to an as-of-time limit. The second deposit method is check deposit. Funds deposited into a member's account by check will not be available until the clearing time expires, and a “special clearance” on the check may be required at the time of deposit, and the fee charged by the bank shall be deducted from the member's account.

Rating Index

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Latest Reviews

A+

A+

Cambodia

I gotta be honest, my impression of GMCU isn't great. The customer service reps come off as arrogant and it takes forever for them to get back to you with an answer. It's a big turn-off for me and I don't really want to use their services if that's how they treat their clients. I think it's important to have good customer service, especially when it comes to something as important as trading.

Neutral

2023-03-29

知秋92199

知秋92199

Australia

When I try to get some information in GMCU I find that they tend to make the user look for the answer in the file...to be honest I don't like that. You can call me lazy. I think both documentation and consolidated concise information should be provided.

Positive

2023-03-09

GMCU Forex Broker has an overall rating of 3.38, Regulatory Index 3.05, License Index 3.05, Business Index 7.35, Software Index 4.00 Risk Control Index 0.00.