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Funding delays & mistakes

Why is my deposit delayed?

Your deposit can be delayed for several reasons:

  • Your bank could have placed a 24-hour hold on your first deposit to your Stake AUS or Wall St account.

  • Your bank may not support instant payments.

  • You might have entered the unique BSB and/or account number incorrectly.

  • There may be external compliance checks in line with Anti-Money Laundering legislation.

Please note that Stake does not support BPAY, international wires, in-person branch transfers (i.e. cash Deposits), cheque payments, or third-party deposits.


What happens if I accidentally enter the wrong details?

If you have used the wrong bank details for a deposit, we advise you to inform your bank and request a reversal.

To make sure your money goes to the right place and stays secure: Always double-check your Stake's bank details in your account before you send money. It is also a good idea to save the details in your online banking app or platform. This helps prevent mistakes and makes future transfers easier.

If you have further questions regarding the deposit, you can get in touch with our support team here.

Considerations

Stake accepts no liability for any financial loss or damage arising from the entry of incorrect information during the funding process, in accordance with our Terms and Conditions. Where funds are transferred to an incorrect account, Stake will make all reasonable efforts to assist in the recovery of those funds; however, no guarantee of recovery can be provided

 

 


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Stakeshop Pty Ltd, trading as Stake, ACN 610 105 505, is an authorised representative (Authorised Representative No. 1241398) of Stakeshop AFSL Pty Ltd (Australian Financial Services Licence no. 548196). Stake SMSF Pty Ltd ACN 648 283 532 (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. This specifically applies to any financial products which are established if you instruct Stake Super to set up a self managed super fund (‘SMSF’). When you sign up to Stake Super, you are contracting with Stake SMSF Pty Ltd who will assist in the establishment of a SMSF under a ‘no advice model’. You will also be referred to Stakeshop Pty Ltd to enable your trading account and bank account to be set up in order to use the Stake Website and/or App. For more information about SMSFs, see our SMSF Risks page. The Stake Accumulate Fund (ARSN 680 653 374) is issued by K2 Asset Management Ltd (ABN 95 085 445 094 AFSL 244 393), a wholly owned subsidiary of K2 Asset Management Holdings Ltd (ABN 59 124 636 782). The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake and Stake Super, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice given by Stake is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers before deciding to invest on or use Stake or Stake Super. By using our website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake and Stake Super are registered trademarks in Australia.

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