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Investing & Trading

Investing & Trading


Bank account details on CHESS statements

Why does my CHESS statement show ANZ account details?

When you open a Stake AUS account, your Cash Balance for trading is held in a dedicated account with its own unique BSB and account number, maintained with ANZ.

This account is assigned to your CHESS HIN and is used for funding, settlements, dividends, and other cash movements. You can view your BSB and account number at any time in the Funds & Balances section of the Stake app or desktop platform.

 

Why are my bank details shared when I buy shares?

When you purchase shares on Stake, you are the legal owner of those shares under your CHESS HIN.

To make this official, Stake is required to notify the relevant share registry (such as Computershare) of your ownership details, including your CHESS HIN and linked Stake Cash Account details.

This allows the share registry to:

  • Record that you own the shares

  • Pay dividends to the correct account

  • Manage corporate actions, shareholder notices, and voting on your behalf.

 

Why did I receive a letter or email saying my bank details were changed?

You may receive correspondence from the ASX or a share registry stating that your bank details have been changed or amended.

This is normal and usually happens when:

  • Your HIN details are first registered with a share registry

Please check that the bank details listed in the correspondence match the BSB and account number shown in your Stake app (used for bank transfers).

If the details do not match, contact Stake Support and we’ll resolve it for you.


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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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