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Invest Money In Bank Account

AutoShare Invest account

PB Tax-Free Call investment account Product Detail Banner

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

  • What you get

  • How it works

  • WHAT IT COSTS

  • 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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