Ready to apply for a Westpac Margin Loan?
Who can apply?
- Individuals or joint individuals who are Australian residents for tax purposes and residing in Australia
- Australian proprietary companies that are not subsidiaries of listed companies
- Individual Australian trustees of family or discretionary trusts
- Australian company trustees of family or discretionary trusts
What information do I need?
Before you apply for a Westpac Margin Loan, all applicants must 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), and
- Westpac Margin Lending Product Disclosure Statement (PDF 269KB), and
- BT Securities Limited Financial Services Guide (PDF 289KB)
How do I apply for a Westpac Margin Loan?
Download and complete the appropriate Westpac Margin Lending Application Form:
- Westpac Margin Application (Individuals) (PDF 769KB)
- Westpac Margin Application (Companies) (PDF 1MB)
Return your completed application form and supporting documentation to:
Westpac Margin Lending
GPO Box 3917
Sydney NSW 2001
Things you should know
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.
BT Securities Limited ABN 84 000 720 114 and Westpac Banking Corporation ABN 33 007 457 141 are together the issuers of the Westpac Margin Lending Margin Loan - Product Disclosure Statement (PDS). This information has been prepared without taking into account your personal objectives, financial situation or needs so, before acting on it, you should consider its appropriateness in regard to these factors. The PDS and other disclosure documents are relevant when deciding whether to acquire or hold this product and can be obtained by calling 1800 816 222 or online at www.westpac.com.au