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Funding timeframes
Speed
Apart from bank transfers all deposits are instant, even over weekends and public holidays! Please note though, that deposits are instant on our side once we receive the funds from your bank, which is subject to bank processing times.
Things to consider
Processing fees: all debit card deposits (including Google Pay and Apple Pay) incur a 2% processing fee. Credit card deposits (including Google Pay and Apple Pay) incur a 3% processing fee.
Please note, that funds will only be available for withdrawal to your New Zealand bank account after the underlying deposit has been cleared/reconciled in our main facility account. This process generally takes between 1-2 business days.
Getting free stock
To claim a starter stock, simply make a first deposit of at least NZ$50 into your Stake account within 24 hours of opening it. You’ll then be able to claim a Nike, Dropbox or GoPro stock on us – yours will be selected at random. For the 24-hour deadline, what counts is the moment you place the transfer, not when the funds arrive.
You can learn more about this offer here. This reward is subject to Stake Wall St Rewards Terms and Conditions.
Things to consider:
- 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 & 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
- Stake does not support third-party deposits. This is in accordance with our Terms & Conditions and Anti-Money Laundering obligations. Please ensure that the name on the remitting account precisely matches the name on your Stake account.
- Stake does not support international wires, in-person branch transfers (i.e. Cash Deposits) or cheque payment methods. Stake doesn't support direct USD funding at this moment in time. All deposits to your Stake account must be initiated in the local currency of the region in which your designated account was set up.
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