Add money to your Spend account

Each Spend account you open will be issued with its own unique virtual account number. You can make one-off or regular deposits directly from your NZ bank account into any of your Spend accounts using that account’s virtual account number.

To view your virtual account number:

A bank transfer can take a few hours on weekdays, or a few days over weekends and public holidays.

For now, your bank can’t check these details. Make sure the account name and number above match in your bank app before topping up.

Please note, the virtual account number is not a bank account, and can currently only be used to top up your Spend account. You cannot directly pay out of virtual accounts, or set up automatic payments or direct debits against them.

You can also top up your Spend accounts by transferring settled money from your Sharesies Wallet (here’s how you can top-up your Wallet from your chosen bank account if you need to).

Money needs to settle after you top up your Wallet before you can transfer it to Spend. The time it takes for money to settle varies:

To transfer money from your Wallet to Spend:

You can only transfer New Zealand dollars (NZD) to Spend. Other currencies in your Wallet need to be exchanged to NZD before being transferred to Spend.

If you’ve received money from a gift, referral, or promo as part of Sharesies Invest service, you’ll need to first invest the money, then sell the investment, before transferring the money to Spend.

If you have more than one Spend account, you can move money between them, and these transfers are generally processed instantly.

To transfer between your Spend accounts:

If you’ve sold an investment recently and want to transfer the money from the sale to Spend, you need to wait at least two business days for the money to settle. This is so there’s time for legal ownership of the shares to transfer from one shareholder to another.