Frequently Asked Questions

FAQ - Buy Unit Trusts online

How do I buy Unit Trusts Online?

Existing clients can now add onto their existing portfolios or invest in other STANLIB portfolio’s on STANLIB Online, our secure website.

You will be required to apply for transactability access and you will only be able to perform transactions once your details have been successfully verified and authenticated by STANLIB.

Follow these simple steps:

  1. Logon to STANLIB Online with your STANLIB user id.
  2. Click on the “Update Access Level” menu item.
  3. Select “Enquire and Transact level 2” from the selection.
  4. Select the bank account you wish to use for transactions on STANLIB Online (only your personal bank account may be used for these transaction purposes).
  5. Submit
  6. STANLIB will then confirm your details and upon completion of the authentication process, a confirmation email of your successful transaction registration will be sent to you.

What payment methods are available when I buy unit trusts online?

You have the option to select between a recurring debit order and a once-off debit order.Should you wish to make an electronic direct deposit into your existing portfolio, follow the below steps:

Standard Bank Internet Banking users

  1. Logon to the Standard Bank web site (www.standardbank.co.za)
  2. Click on Internet banking
  3. Logon to the secure web site
  4. Select payments and add a beneficiary
  5. Search for STANLIB Collective Investments
  6. My Reference: Investor’s name
  7. Beneficiary Reference: STANLIB Unit Trust account number proceeded by leading 0’s

  8. (i.e. Acc. 7503057 should be 007503057) to form a ten digit number.

Non-Standard Bank Internet Banking users

STANLIB Collective Investments is a listed beneficiary with other banks (Nedbank, FNB and ABSA). Investors should follow each beneficiary’s payment process or alternatively use the normal electronic payment system.

Below are the steps to follow when doing the normal electronic transfer to STANLIB Collective Investment:

  1. Bank Name: Standard Bank
  2. Account Type: “1” or Current
  3. Account number: 403245 (only number to use)
  4. Branch name and number: 051001 (all branches use this number)
  5. Reference: Your STANLIB Unit Trust account number proceeded by leading 0’s

  6. (i.e. Acc. 7503057 should be 007503057) to form a ten digit number.

Will I be required to send through any FICA documentation when I buy unit trusts online?

If you have been authenticated by STANLIB and have received the necessary access to purchase Unit Trusts online you will not be required to submit FICA documentation.

Can I buy Offshore Unit Trusts online?

No, you can only currently buy Domestic, Rand-denominated international and Multi-Manager funds online.

Will I be charged any Intermediary fees when I buy unit trusts online?

If you received investment advice from an Intermediary with your initial unit trusts application and they are recorded on our systems as your Intermediary, they will receive commission as per your initial application form.



FAQ - Unit Trusts Switches

How do I get the necessary access to perform a unit trust switch online?

Follow these simple steps:

  1. Logon to STANLIB Online with your STANLIB user id.
  2. Click on the “Update Access Level” menu item.
  3. Select “Enquire and Transact level 1” from the selection.
  4. Upon completion of the authentication process, a confirmation email of your successful transaction registration will be sent to you.

If I have more than one entity number will I be able to switch between the entities?

No, this will be considered a transfer. Please contact the STANLIB contact centre on 0860 123 003 for more information.

If I perform a unit trust switch online, will I be charged any fees?

There is no transaction fees charged for performing a unit trust switch online, but the normal switching fees will apply if applicable. Please contact the STANLIB contact centre on 0860 123 003 for more information.

Can I switch into new funds or can I only switch between existing funds?

You can switch between existing funds as well as into a new fund.

Can I change my debit order on my existing fund?

No, you will not be able to change your debit order on your existing portfolio online. Please contact the STANLIB contact centre on 0860 123 003.

Can I change my cash flow plan on my existing fund?

No you cannot change your cash flow plan online. Please contact the STANLIB contact centre on 0860 123 003.