Invest Money In Bank Account
AutoShare Invest account
Expand your investment horizons into the stock market with ease through an AutoShare Invest account
R 250
MINIMUM TRANSACTION SIZE
Diversify
OVER 250 SHARES AND ETFs TO CHOOSE FROM
Some of the benefits
Automation
Set up monthly recurring purchases on a date that suits you
Diversification
Access more than 250 JSE Shares and ETFs on an ad-hoc or recurring basis
Ease of access
Place buy or sell orders into the market at anytime during a JSE trading day
Flexibility
Choose to have profits paid to your bank account or top up your next purchase
SHARE TRADING MADE SIMPLE
Invest in your future through AutoShare Invest
- Low-cost access to the stock market
- Access more than 250 JSE listed Shares* and Exchange Traded Funds (ETFs)
- Diverse exposure to onshore and offshore equity markets and commodities through ETFs
- An investment platform that is easy to navigate
- Ability to automate your investing by setting up recurring purchases
- Reinvest proceeds from your investments as part of your next scheduled order
- Ability to buy and sell shares and ETFs at anytime during market hours
Learn more about investing in the stock market
Purchases
- You may at any point place a purchase order to use available funds in your trading account, subject to the minimum trade sizes of R250
- If there are insufficient funds in your account, you can use the "top up my account" feature to transfer money from your bank account to your trading account
- If the market is closed at the time that your order is received it will be automatically sent to the market when it next opens
- Option to automate your investing by setting up recurring purchases on a date that suits you
Sales
- You may at any point place a sale order stipulating the number of units held you wish to sell
- Choose whether to have the proceeds of the sale remain in your investment account (so they may be used for a later purchase) or to have them automatically paid out to your bank account (this will happen 3 business days after the sale). Any unused funds in the account do earn interest.
- If the market is closed at the time that your order is received it will be automatically sent to the market when it next opens
- Brokerage is charged at 0.15% of the value invested with no minimums. A 0.12% annual safe custody fee will be levied at 0.01% per month.
Statutory fees comprise:
- Securities Transfer Tax (STT) – 0.25% of trade value, only applicable to the purchase of shares (ETFs exempt)
- STRATE fees are0.005787% on the value of the share transaction:
- The minimum isR10.19 for trades with a value up toR176,000
- The maximum isR73.49for trades with a value overR1,270,000
- Investor Protection Levy (IPL) 0.0002% of trade value
- VAT on Brokerage, STRATE and IPL
- Withdrawals are charged at R4.56 per single withdrawal to your nominated bank account.
- If Early Settlement requested, it is charged additionally at 0.25% with a minimum of R39.90 (including VAT)
What you'll need
- An existing rand-denominated transactional account with Standard Bank*
*If you're a minor, you'll need the consent of your parent or guardian
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What you get
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How it works
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WHAT IT COSTS
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How to get it
- Low-cost access to the stock market
- Access more than 250 JSE listed Shares* and Exchange Traded Funds (ETFs)
- Diverse exposure to onshore and offshore equity markets and commodities through ETFs
- An investment platform that is easy to navigate
- Ability to automate your investing by setting up recurring purchases
- Reinvest proceeds from your investments as part of your next scheduled order
- Ability to buy and sell shares and ETFs at anytime during market hours
Learn more about investing in the stock market
Purchases
- You may at any point place a purchase order to use available funds in your trading account, subject to the minimum trade sizes of R250
- If there are insufficient funds in your account, you can use the "top up my account" feature to transfer money from your bank account to your trading account
- If the market is closed at the time that your order is received it will be automatically sent to the market when it next opens
- Option to automate your investing by setting up recurring purchases on a date that suits you
Sales
- You may at any point place a sale order stipulating the number of units held you wish to sell
- Choose whether to have the proceeds of the sale remain in your investment account (so they may be used for a later purchase) or to have them automatically paid out to your bank account (this will happen 3 business days after the sale). Any unused funds in the account do earn interest.
- If the market is closed at the time that your order is received it will be automatically sent to the market when it next opens
- Brokerage is charged at 0.15% of the value invested with no minimums. A 0.12% annual safe custody fee will be levied at 0.01% per month.
Statutory fees comprise:
- Securities Transfer Tax (STT) – 0.25% of trade value, only applicable to the purchase of shares (ETFs exempt)
- STRATE fees are0.005787% on the value of the share transaction:
- The minimum isR10.19 for trades with a value up toR176,000
- The maximum isR73.49for trades with a value overR1,270,000
- Investor Protection Levy (IPL) 0.0002% of trade value
- VAT on Brokerage, STRATE and IPL
- Withdrawals are charged at R4.56 per single withdrawal to your nominated bank account.
- If Early Settlement requested, it is charged additionally at 0.25% with a minimum of R39.90 (including VAT)
What you'll need
- An existing rand-denominated transactional account with Standard Bank*
*If you're a minor, you'll need the consent of your parent or guardian
Invest Money In Bank Account
Source: https://www.standardbank.co.za/southafrica/personal/products-and-services/grow-your-money/savings-and-investment/our-accounts/autoshare-invest-account
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