Important changes to accepted Cash accounts from 3 June 2023

From 3 June 2023, requests to change your nominated Cash account must be to an approved Westpac Bank account. Approved Westpac accounts may be subject to change from time to time. Different brokerage rates may apply based on whether your nominated Cash account is an integrated or non-integrated bank account. Please refer to Westpac Rates and Fees at https://www.westpac.com.au/personal-banking/share-trading/rates-fees/.

All new share trading account applications received after 3 June 2023 will be required to settle to an approved Westpac bank account.

Accounts that currently settle to a non-Westpac bank account will not be impacted by this change, however, if you wish to change your Cash account post 3 June 2023, it must be to a Westpac Bank account.

How do I open a Westpac bank account?

If you don’t have a Westpac Bank account, you may want to consider opening a Westpac Cash Investment Account (CIA), Westpac Share Trading’s integrated settlement account.

The Westpac Cash Investment Account has been designed with Westpac share investors in mind by offering access to competitive brokerage, competitive interest rates, convenient features, and seamless trade settlements.

For more information and to switch to a CIA please navigate to Products & Services > Cash & Lending > Cash Investment Account or visit https://www.westpac.com.au/personal-banking/share-trading/cash-investment-account/.

Important documents:

Alternatively, please visit westpac.com.au for information about other Westpac banking products.


This information has been prepared without taking account of your objectives, financial situation or needs. For this reason, you should consider the appropriateness of the information, having regard to your objectives, financial situation and needs and, if necessary, seek appropriate professional advice.

The Westpac Cash Investment Account and Online Banking are issued by Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. Conditions, fees and charges apply. Please read the Westpac Share Trading Terms and Conditions (House rules) before deciding if this account is appropriate for you.

Published: 26 May 2023

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