How do I see my InvestNow transactions?
You can see the full list of your transactions on the “Activity” page once you have logged on to your InvestNow account. You can view or print the transactions.
Can I cancel a transfer of money into or out of my InvestNow cash account?
Withdrawals
You can cancel a Withdrawal instruction up until 12pm of the business day on which you raised the instruction. Where you have placed an instruction on a non-business day, you can cancel the order up until 12pm of the next business day. You will find your pending Withdrawal on the Orders page under Open orders and withdrawals. To cancel the withdrawal select the Cancel link.
How do I make changes to my nominated bank accounts?
To change your nominated bank accounts, follow these steps once logged in to your account:
- Click on “Account Settings”
- Click on “Edit” next to “Bank accounts”
- Click the green “+” symbol to add a new bank account. You need to enter an account name, bank name and account number. You can also specify whether it should be your default account for withdrawals, and you can enter an optional reference which would appear on your statement when you make a withdrawal. Click “Save” once you are sure the details are correct.
- To make changes to […]
Can I make cheque deposits into my InvestNow account?
We only allow online deposits into your InvestNow Transaction Account.
How do I make regular deposits into my InvestNow cash account?
You can establish a regular deposit to your InvestNow Transaction Account with an automatic payment from your nominated bank account.
If you have already made a deposit to your InvestNow Transaction Account, you use the same bank account and reference details when establishing your automatic payment. The reference is unique to you and does not change.
If you have yet to make a deposit into your InvestNow account, login and go to the Home page. Click on the Deposit funds link (can be found under Quick actions). A page will appear which provides the […]
Can I have more than one InvestNow account?
You can operate multiple accounts, and multiple types of accounts, however the e-mail address, which is also you login name, is your unique identifier and is unique to each account.
How long before I can access my InvestNow account?
You can access your InvestNow account at any stage after having started the “Join Now” process. You are able to invest in managed funds once your account is active and you have money in your InvestNow Transaction Account.
How do I obtain a certified copy of an identification document?
How do I obtain a certified copy of an identification document?
We are required by law to verify your identity as part of the account opening process and ongoing due diligence (Anti-Money Laundering and Countering Financing of Terrorism Act 2009).
Where we ask you to supply certified copies of your identification documentation, you can ask “Trusted Reference” persons from the following occupations to complete this verification.
- Justice of the Peace
- Lawyer
- Registered medical doctor
- Registered teacher
- Registered chartered accountant
- Kaumatua
- Minister of religion
- Member of parliament
- Notary public
- Employee of the […]
When I sell managed funds, how do I get the money?
When you sell managed funds the proceeds of the sale are deposited into your InvestNow Transaction Account. Once there, you can then withdraw those funds by transferring them to your nominated account.
To raise a Withdrawal instruction click on the Withdraw funds link on the Home Page (can be found under Quick actions).
How do I determine my correct PIR?
How do I determine my correct PIR?
You can find out more on the IRD website.
Currently, for resident New Zealand individuals, your PIR can be determined as follows:
Taxable income of $14,000 or less:
If, in either of the previous two income years your taxable income was $14,000 or less, and when combined with your PIE income or loss was $48,000 or less in the income year, then your PIR is 10.5%
If, in either of the previous two income years your taxable income was $14,000 or less, and when combined […]