Westpac Margin Loan - Wholesale

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Features

Eligible borrowers

Wholesale clients who can provide us with a certificate from a qualified accountant (as defined in the Corporations Act) that states they have either:

• Net assets of at least AUD$2.5million
• Gross income for each of the last two financial years of at least AUD$250,000 a year

In addition, they will need to be either:

• Individuals or joint borrowers, aged over 18 years and residing in Australia
• Individual Australian trustees for family or discretionary trusts
• An Australian company
• Australian company trustees for family or discretionary trusts

Establishment fees

• No application or establishment fees

Loan-to-Value Ratios (LVRs)

• The LVR determines the amount Westpac Margin Lending will let you borrow against an individual security. With the Westpac Margin Loan, LVRs range between 30% and 75%, depending on the particular security. More information can be found in the ‘Acceptable Securities’ tab.

Dedicated Relationship Manager

• You are provided access to one of our specialised Relationship Managers who can assist you with the day-to-day running of your margin loan.

Streamlined application process

• As a wholesale client, your provision of a current accountant’s certificate means you do not need to provide your financial details to support your application, which facilitates a faster application process.

International securities available to approved clients

Approved clients can access international listed securities with LVRs up to 75%. Call your Relationship Manager on 1300 365 591 for further information.

Tools to manage your loan

• 24/7 online access to view and manage your account online
• Buffer alerts
• Electronic margin call notifications

Potential risks

All investments are subject to risk. Some of the main risks associated with taking out a margin loan include:

• Borrowing to invest can increase your potential returns, however it can also increase potential losses.
• The value of securities may not go up, or if they do, the increase in value may not be sufficient to cover the costs of the investment.
• You need to ensure that you can fund your obligations under your loan, including any interest, fees, and charges. If you can’t, the securities will be sold to satisfy these obligations.
• You should also consider the taxation consequences and seek independent professional tax advice.

More information on Westpac Margin Lending

Interest rates

Find all the information you need on our interest rates.

Check interest rates

Acceptable securities

Explore our wide range of acceptable listed securities.

Explore Acceptable securities

Forms and resources

Easy access to all our forms and resources.

Download forms

All the answers

Find answers to your questions in our topics.

Frequently Asked Questions

Ready to apply?

Before you apply for a Westpac Margin Loan – Wholesale, all applicants should read the following:

• CHESS explanation, Supplementary Risk Disclosure Statement and Westpac Margin Lending Facility agreement, which are contained in the Westpac Margin Lending Facility agreement (PDF 418KB)
• BT Securities Limited Financial Services Guide (PDF 289KB)

For your information, Westpac Margin Lending also produces a Westpac Margin Loan – Product Disclosure Statement (PDF 269KB) and Westpac Margin Lending guide (PDF 188KB) for retail investors. You may want to consider reading these documents as they include useful information about the product.

How to apply

• Download and complete the Westpac Margin Lending - Wholesale application (PDF 1MB)
• Return your completed application form to:

Westpac Margin Lending
GPO BOX 3917
Sydney NSW 2001