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Question

What happens when I buy shares?

Answer

If you want to pay for your shares by debit card or cheque, the money must be in your stockbroking account before you deal; otherwise we will use your Direct Debit to take the money from your bank account.

We will check you stockbroking account to see if there is enough money available to pay for the trade.  If there isn't enough money in your stockbroking account we wil use any money that is in your account towards the cost and use the Direct Debit to take the difference from your nominated bank account on the settlmeent date.

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