Can I use my Cash Account as an everyday bank account?
No. Your Stake bank account is not an everyday transactional bank account. It is an account designed specifically to support investing. It is used to:
Record deposits and withdrawals
Settle trades
Process dividends
Manage corporate actions
Track other cash movements related to investing.
Can I direct debit or send third-party payments from this account?
No. This account does not support direct debits or third-party payments. It can only be used to hold funds for trading with Stake.
If you are a Stake Super customer and need third-party payments to be made (e.g. to pay an invoice, pay insurance premiums etc) please get in touch and we can assist.
Comments
0 comments
Article is closed for comments.