The ASX has communicated to all market participants of an industry-wide ASX settlement failure that occurred on Friday the 20th of December. This failure has meant that CHESS was not able to complete market settlement on Friday and has deferred settlement to Monday the 23rd of December. For those clients who had sell trades settling on Friday we have ensured those sale proceeds have been made available to you for trading on Monday. Stock delivery for clients who had buy trades settling will need to wait until Monday before the shares become available to sell. We apologise for any inconvenience this ASX outage has caused.
What are the transfer limits for cash in my Cash Account and High Interest Account?
For transfers between your nabtrade accounts or to your linked NAB accounts there is no transfer limit.
For all other transfers the following limits apply:
- Online: up to $20,000
- Over the telephone: up to $100,000
For instructions on transferring more than $100,000 to an external bank account please contact us on 13 13 80.