The first potential issue investors may have with SelfWealth is that it only allows access to the ASX. Although as CaptainFI has pointed out, you can gain international exposure to these companies through Australian domiciled ETFs offered on SelfWealth. Today I’m going to review SelfWealth, an Australian owned and operated share trading platform. Subsequently, in the event that SelfWealth or any other investment company that is CHESS sponsored were to liquidate, the shares still remain in your name and therefore wont be sold or lost. Each one does it differently to suit their customers so find out how to do it at your bank. I'm thinking Selfwealth tried to implement Osko, got an issue and then disabled it again. Subsequently, I will go over a few of the things that may make SelfWealth less appealing in your eyes. I will be covering the pros and cons of this app to see if it is the right investment platform for you. You will be able to transfer via BPay. But this is just speculation. Which is faster -Bpay or bank transfer ?Both take the same amount of time. The BPAY Scheme is managed by BPAY Pty Limited. I've tried making payments from both ING and Up as they both support NPP. SelfWealth is it good? I got funds from both the Bpay and bank transfer when I checked this morning at 8.50am.So for me anyways (bank - credit union) both Bpay and bank transfer was transferred next business day.I use Banktransfer to deposit in Selfwealth account takes 2 days.If I transfer before 2pm its typically in by 9am the next day with CommBank.I’ve found that if I BPAY before 4PM its in by 9am the following morning. If any of my readers are unfamiliar with CaptainFI, he is one of the main proponents for Financial Independence in Australia and I cannot recommend his website enough for gaining information on a range of topics related to the FIRE and FI movements. For this factor alone, SelfWealth can be the most cost-effective investment platform in the Australia. I figure it will only be making 1.6% over the year in a savings account, and if I invest in something, there's a chance it goes up 1.6% in a day. With the cheapest flat rate brokerage fees, a great user interface, offering CHESS sponsored shares and being backed by ANZ, I highly recommend SelfWealth for people looking to invest in the ASX. SelfWealth is a CHESS sponsored, share trading broker that is Australian owned and operated. I think transfer was similar, but I’ve just stuck with BPAY.That’s the main reason I use CommSec. Hear SelfWealth has the lowest fees. Funds can be deposited into your SelfWealth cash account via electronic funds transfer (EFT) or via BPay. For bank transfers at least it depends on the bank, my transfers from ANZ are very fast (normally next day) whilst my wife's from HSBC take 2-3 days. Firstly the No access to international market thing – You can buy cross listed or Aussie domiciled Exchange Traded Funds which give you international Exposure – I use Vanguards VTS (USA) and VEU (world minus US) ETFs to achieve this, albeit my holdings are small but growing. 1 month ago. SelfWealth is a CHESS sponsored, share trading broker that is Australian owned and operated. Thirdly yes the transfer time is annoying and banks using Osko and other instant payment systems have no excuse for this large wait time – having said that, if your disciplined enough to be on the path to FIRE, then your disciplined enough to factor this one or two day wait into your regular investment plan.Thanks for your insights CaptainFI. blackpinoy. To make matters even better, SelfWealth offers CHESS Sponsored Shares. To add to the security of your shares being CHESS sponsored, SelfWealth is also partnered with ANZ bank. level 1 . What are your thoughts? When an investment company is CHESS sponsored it means that your share purchases and sales are recorded by the ASX.