In a fast-moving market, you need cash at your fingertips so you can act when opportunities arise. But you also want your cash to keep on working between trades.
That's why Bell Potter Capital created the Direct Cash Account. It's a cash management account linked directly to your share trading account. And it's designed to give you maximum flexibility in managing your trading capital.
There's no minimum balance and you'll earn the same rate on every dollar, even if it's only there overnight. When you want to trade, you'll have instant access to your cash, including cash from Sell orders that settle on the same day as a Buy.
When you open your Bell Direct trading account, we automatically open a linked Direct Cash Account for you as your settlement account. It's just one of the ways we make trading easier.
Direct Cash Account is the name given to the cash management facility through which you can apply for and hold secured notes issued by Bell Potter Capital and offered by Third Party Platform Pty Ltd (trading as Bell Direct) under a current prospectus. The Direct Cash Account is not a Bank Account and is not covered by the recently announced Government Guarantee. Investors risk losing some or all of their principal investment.