To pay for your shares via bank transfer, nominate 'Australian Bank Transfer' as your preferred payment method at step 6 of the investment application.
Alternatively, log in to your Birchal account and follow these steps:
Head over to My Portfolio
Click on Pending Applications
Select the Company Name
Click Add/Change Payment Method
If this is your first time setting this up, you will see a green button called 'Create Account.' This will create a unique virtual account linked to your Birchal portfolio. If you have set this up previously, you can simply complete the transfer using the details provided.
The first time you pay into this account your bank may highlight that it has not been used before or cannot be found. This is to be expected as it is a new account set-up specifically for you. Please ensure you check the ABA and Account number being used match to what is shown in your Birchal portfolio.
No specific reference number is required for domestic bank transfers because the bank account is unique to you, however you can choose to include your name to assist in any manual reconciliation if required.
Please ensure you click 'I've Completed The Transfer' once you have transferred the funds so that our system recognises that funds are on their way.
Note
A bank transfer can take up to 5 business days to reconcile. Please ignore any failed payment notifications or other messages until expiration of this period.
If you have any issues paying via bank transfer, please contact [email protected].
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