What payment methods are available when I buy unit trusts online?
You have the option to select between a recurring debit order and a once-off debit order.Should you wish to make an electronic direct deposit into your existing portfolio, follow the below steps: Standard Bank Internet Banking users • Logon to the Standard Bank web site (www.standardbank.co.za) • Click on Internet banking • Logon to the secure web site • Select payments and add a beneficiary • Search for STANLIB Collective Investments • My Reference: Investor’s name • Beneficiary Reference: STANLIB Unit Trust account number proceeded by leading 0’s (i.e. Acc. 7503057 should be 007503057) to form a ten digit number. Non-Standard Bank Internet Banking users STANLIB Collective Investments is a listed beneficiary with other banks (Nedbank, FNB and ABSA). Investors should follow each beneficiary’s payment process or alternatively use the normal electronic payment system. Below are the steps to follow when doing the normal electronic transfer to STANLIB Collective Investment: • Bank Name: St