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Investment Solutions

Features

Investment Solutions

Features

Selfwealth Launches Instant Deposits Functionality

Selfwealth Launches Instant Deposits Functionality
Selfwealth Launches Instant Deposits Functionality
Selfwealth Launches Instant Deposits Functionality

Selfwealth

Wednesday, September 1, 2021

Wednesday, September 1, 2021

Get into the market quicker with instant deposits! We're really excited to announce we've enabled instant deposits for all Selfwealth accounts. You don't need to do anything to enable your account, just continue to transfer money into the same BSB and account number. Common questions are below.

Get into the market quicker with instant deposits! We're really excited to announce we've enabled instant deposits for all Selfwealth accounts. You don't need to do anything to enable your account, just continue to transfer money into the same BSB and account number. Common questions are below.

What does this mean?

Instead of taking 1 - 2 business days, deposits into your Selfwealth account are now near-instant.

How do I use this feature?

Simply transfer to your Selfwealth cash account as you normally would, using a bank transfer (not a BPAY transfer) and it will arrive in a few moments.

How does this affect BPAY transfers?

BPAY transfers are not affected, meaning if you want to get money into your account quicker, be sure to use the BSB and account number found in your trading account to transfer from your personal bank account to Selfwealth.

Does this impact withdrawals?

Withdrawals are unaffected, meaning they will still take 1 - 2 business days.

Important disclaimer: SelfWealth Ltd ABN 52 154 324 428 (“Selfwealth”) (AFSL 421789). The information contained on this website is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser and/or accountant. Taxation, legal and other matters referred to on this website are of a general nature only and should not be relied upon in place of appropriate professional advice. You should obtain the relevant Product Disclosure Statement for any product mentioned and consider its contents before making any decision.