Do Shaw and Partners open new bank accounts for their customers?

We can either open a new bank account for settlement purposes or use an existing bank account you may have.

As your stockbroker and financial adviser, we will need to have authorised access to a linked bank account to settle any share transactions.

It is also helpful to have inquiry access and viewing access to the nominated bank account. We prefer to use Macquarie Cash Management Accounts as I have done for the past 22 years.

Once approved by you, Macquarie allows us to access your bank account only for share settlements and to see the balance of the account when necessary.

Let’s discuss the best options for your portfolio. Get in touch today.