Will my bank account be debited or credited automatically for trades placed on my Margin Loan account?
Your bank account will not automatically be debited or credited for settlement of a trade. Trades placed through your margin loan will automatically settle through the loan on the settlement date.
A personal bank account can be linked to your margin loan so that you can:
- Make top up payments to your margin loan
- Draw down on your loan
- Make interest payments and regular gearing payments
For more information on how to transfer money in and out of your Margin Loan, click here.
