(ASIC) What are the deposit methods and fees?

Deposit Methods and Fees

VISA & MasterCard

  • Card deposit is usually quick, but in some cases, it may take up to 2 hours. 
  • You can deposit up to 50,000.00 AUD at a time. Multiple deposits are allowed. There is no limit on daily deposits on our end.
  • Card deposits and withdrawals are free of charge to clients and are, in fact, absorbed by Blueberry. However, your banking facility and intermediaries may charge their own fees independently. Currency conversion fees may apply as well if your card’s currency differs from your trading account’s.
  • Please also note that we can only cover fees known to us. If a separate fee from your bank or payment provider incurs, any such fees will be your responsibility. For example, a credit card provider may view a payment made to us as a cash advance and bill you according to your credit card’s cash advance rules.
  • If your deposit fails, please check with your bank, as they may be blocking the transaction.
  • We highly recommend keeping the number of cards used to deposit at a minimum, as this can complicate withdrawals.
  • If you are using a card issued in a country other than Australia, we may need you to provide a card/bank statement when you make a withdrawal.
  • Do not use a prepaid or disposable card, as they may not be able to receive refunds/withdrawals.

To deposit with a VISA or MasterCard credit/debit card, refer to the instructions here.

 

Bank Transfer

  • Bank transfer deposits are usually processed within 24 hours, but in some occasions, it may take up to 3 to 7 business days.
  • You can deposit any amount with a minimum of $100 AUD.
  • Bank transfers are free of charge to clients, but your bank may impose transaction fees, which we would be happy to reimburse.

To deposit with Bank Transfer, refer to the instructions here.