Westpac - Fix your Margin Loan Interest

Fix your Westpac Online Investment Loan Interest

Complete this form if you would like to fix the interest rate on all or part of your Westpac Online Investment Loan.

Questions?

Call a Westpac Customer Relations Consultant on 1300 551 744 or email us at investmentlending@westpac.com.au. Phones lines are available Mon- Fri from 8.30am to 5.30pm (Sydney Time).

All fields need to be completed unless marked 'optional'.

About

Fixed interest rates are available across various terms with interest either paid monthly in arrears or in advance (prepaid). Please note that the minimum loan balance that can be fixed is $20,000.

Prior to selecting a fixed interest rate contract, we recommend that you read :
Section 4A of the Westpac Online Investment Loan Agreement
Break costs fact sheet.

Borrower's information

Westpac Online Investment Loan client code *

Your details

Enter the details of the person making this fixed interest rate loan election.

Title *

First name *

Middle name

(if applicable)

Surname *

What is your position in the company?

For company or company trustee borrowers, either 2 directors, or one director and the secretary OR the sole director and the secretary must complete the relevant details below.

Phone number *

(Include area code e.g. 0252525252 or 0410444333)

Email address * We'll email you to confirm your fixed interest rate loan request has been submitted

Enter the details of the second signatory for this fixed interest rate loan election.

Title *

First name *

Middle name

(if applicable)

Surname *

What is your position in the company?

Phone number *

(Include area code e.g. 0252525252 or 0410444333)

Email address * We'll email you to confirm your fixed interest rate loan request has been submitted

Do you have a financial adviser? *

Yes No

What is your adviser's name? *

If there is an adviser still listed on your account we will update it to reflect that you no longer have one.

Your new fixed interest rate loan

Please complete the fixed interest rate details below in order to confirm the type of fixed interest rate loan you want, the amount that you wish to fix, and how long you want the fixed loan to last.

I will prepay the interest on a nominated amount for 3, 6, 9 or 12 month term; or I will pay the interest monthly in arrears. An additional 0.10% p.a. will be charged for the interest paid monthly.

Fixed loan amount (minimum is $20,000)*

Please take into consideration any changes to your loan balance that may occur prior to expiry of your current term.

Prepaid fixed loan rate offered *

(as advised in your offer documentation - this will automatically be increased by 0.1% if you are paying in arrears)

Loan term start date *

(Must be a business day.)

Loan term end date *

Ensure the term selected is consistent with the options above. If you have nominated a maturity date, this must be a business day.

Prepaid fixed interest term

(calculation is an estimated amount)

Total fixed interest amount due

(calculation is an estimated amount)

The term of the fixed interest rate loan may not be 365 days if the maturity date does not fall on a business day.

If the term and interest amount due do not automatically update please reload the form and try again. If they continue not to update then please contact us or try again later.

Your payments

Total fixed interest amount due:

You can pay your interest from any of the below options.

I have/will transfer the total fixed interest amount due via

Biller Code: 17111
Ref: Your six digit reference number

Please allow 2 working days for the funds to be received. If the funds are not received prior to the new term start date, the interest will be taken from available margin loan funds. This will increase your variable loan balance by the total fixed interest amount due.

You can transfer the total fixed interest amount due directly to your Westpac Online Investment Loan .
BSB: 262 755
Account No: Your six digit reference number
Account Name: BT Securities Limited
Funds must be received before the new term start date. Please allow 2 working days for the funds to be received.
If the funds are not received prior to the new term start date, the interest will be taken from available funds on your Westpac Online Investment Loan. This will increase your variable loan balance by the total fixed interest amount due.

This will increase your variable loan balance by the total fixed interest amount due.
Interest payments that place the loan account into buffer, or breach the credit limit, generally will not be accepted. Please ensure you have sufficient funds available, if you select this option.

(For fixed rate loans with interest paid in advance only.)

Select how interest is to be compounded. *

Add the compound interest to the fixed rate loan amount
(by choosing this option, at the initial drawdown of your fixed rate loan, the balance will be increased by the compounded interest amount). The amount completed in the Total Loan Balance does not include fixed interest payment amount; or Include the compound interest in the total fixed loan amount.
The amount completed in the Total Loan Balance already includes the fixed interest payment amount.

Last three digits of BSB *
XXX

Last three digits of Account number *
XXX

You will need to complete the Direct Debit Request Form (to be returned separately).

BSB *

Account number *

Your consent

By submitting this request form I am making the following statements:

I acknowledge and accept this form and confirm that the information I have completed is true and correct.
I acknowledge and accept that the full interest payment must be received by the fixed interest rate loan start date.
I acknowledge and accept that interest paid in advance is not refundable.
I agree that if a fund transfer from my preferred method fails for any reason, I will be debited any interest due from your available margin loan funds.
I acknowledge that it is my responsibility to ensure I have sufficient available margin loan funds on the start date of my fixed loan. If not, the resulting fixed interest charge may result in my account going into buffer, margin call or a credit limit breach.
I acknowledge and accept that there may be costs associated with breaking a fixed interest rate loan contract prior to its end date.

I consent to the above terms and authorise the setup of a fixed interest rate loan on my Westpac Online Investment Loan account.

Fix your Westpac Online Investment Loan Interest

Questions?

Application summary

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