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Cheque

When you set up your portfolio, you will receive a personalised deposit book for your CMA. You can deposit cheques of $500 or more into your CMA at our offices or through the mail using your personalised deposit slip. Cheques should be made payable to:

 

TAIS

(full account name)

 

e.g.

TAIS

John Citizen

Cheques should be accompanied by either a new application form or a deposit slip and be sent to us.

Cheques take approximately three Business Days to clear and must be cleared before your selected investments can be purchased.

We have also arranged for National Australia Bank (NAB) to accept cheque deposits on your behalf provided you use your CMA deposit book. We will usually credit your CMA on the same Business Day, provided you lodge your deposit at the counter on that day. Interest on the deposit then accrues from that day.