Opening an InvestSMART PMA with Fundlater
You will be provided with a BPAY biller code and reference number to make your payments. You will also receive email and text notifications when each instalment is due.
No, at the moment the only payment facility available is BPAY.
The minimum amount is $320 per month. You can pay your Fundlater non-recourse loan off quicker if you want.
Every month on the account opening anniversary date. You will be sent email and text reminders as the due date approaches.
If you don’t make one of your $320 monthly payments, we will send a reminder by email on the 1st, 5th, and 9th day following the missed payment. If payment has not been received 10 days after your monthly payment date, all securities within your portfolio will be sold. You will receive back the portfolio value minus the outstanding instalments.
If, for whatever reason, you will not be able to pay your installment on the payment date, please contact us as soon as possible.