How do I transfer cash into a USD investment account to buy some shares in Personal Plus 2018

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  • Updated 2 years ago
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David M

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Posted 2 years ago

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David M

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Is there a better method than treating the purchase as two separate transactions? One from the existing USD that are already there, and the second from the new cash to be transferred.
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Diver Dave

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David, if you have set up a USD cash account in RPP as well as a USD Investment account, then you can transfer cash between an A$ cash account and the USD one. RPP will use its own exchange rate, but you can adjust either side of the transaction to reflect the actual FX rate.
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Shakir, Alum

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Hi David, thanks for reaching out to us.

To buy shares from another account -

Enter a 'Buy - Shares Bought' transaction in the Investment account and under ' Use Cash For this transaction' - check From and select the account from which you want to use the cash.



Hope it helps.

Regards
Shakir