Why Use Auto Deposit and Auto Investments?

✔ Hands-off investing

✔ Helps build your portfolio regularly

✔ Fully flexible — update anytime

 

How Auto Deposit works

Set your monthly deposit date and amount, and we’ll take care of the rest.

When you set up an Auto Deposit, you’re authorising a Direct Debit from your nominated bank account. Each month, we’ll collect your chosen amount on the date you select (or the next working day if it falls on a weekend or holiday).

 

What to expect with your first deposit

When you first set up your direct debit, your initial Auto Deposit may still go ahead even if you’re within the 10-business-day window. If there isn’t enough time to process the payment for your selected date, your first deposit may instead be taken up to 8 business days after. This only applies to your first direct debit - after that, the 10-business-day rule applies as normal.

 

Changing or cancelling Auto Deposits

Once your Direct Debit is up and running, you can:

  • Change the deposit amount

  • Update or cancel the Direct Debit

  • Adjust your Auto Investment allocations

These changes can be made at any time, but will usually take effect from the following month, as we lock in the details with your bank in advance of the scheduled collection.

 

What happens after the deposit

  • Your deposit will settle in the app on the next working day after collection.

  • If you’ve set up Auto Investments, they’ll usually be placed within 1–4 business days after settlement — timing depends on the specific fund or share.