Each InvestNow account has a “Transaction Account” – it’s just like a bank account for money coming in and out of your InvestNow account.
Currently no interest is paid to you on your balance within the Transaction Account. We receive the interest on any money held within the Transaction Account. This interest is used to pay Costs associated with offering and operating InvestNow.
You transfer money, from your nominated bank account, into your InvestNow Transaction Account to purchase investments. And when you sell investments, the net sale proceeds are credited to your InvestNow Transaction Account – after which you can either reinvest the monies or withdraw the money to your nominated bank account.