How and when do I pay for shares I have bought through ASB's share trading service?

Last Updated: 16 Mar 2017

You can pay either with funds from your ASB Securities Cash Management Account (CMA) or Foreign Currency Account (FCA). Please make sure you have sufficient funds in either of these accounts before you place any orders.

For buy orders, we’ll withdraw the funds from the account you’ve selected approximately two business days after your order has traded.

Telephone clients can pay for buy orders by cheque. Please let us know if this is what you intend at the time you place the order. 

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