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I’m a non SA resident and I want to fund my EasyEquities USD account via the widget, how do I do that?

When registering your EasyEquities account, you were asked to enter your country of residence. If you did not type South Africa or one of the Common Monetary Areas (which includes Lesotho, Namibia and Swaziland) into this field, you will only be given a USD account.  

As Capitec does not have swift payment functionality which allows you to deposit directly into your EasyEquities USD Account, you will need to either make the deposit via a USD bank account or via another bank which does have swift payment functionality.  

It is possible to transfer funds into your EasyEquities USD account from an EasyEquities ZAR account within the widget. In order to open an ZAR account however, you must have a South African ID number. 

If you do have an SA ID and you want to make amendments to the original information you provided in your EasyEquities acount registration in order to open a ZAR account, you’ll need to log a ticket with EasyEquities and select FICA Query as your topic.  
Log a ticket here

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© EasyEquities. EasyEquities is a product of First World Trader (Pty) Ltd t/a EasyEquities which is an authorized Financial Services Provider (FSP number 22588). All trades on the EasyEquities platform are subject to the legal terms and conditions to which you agree to be bound. The EasyEquities platform enables users to invest in securities which includes whole shares and fractional share rights (FSRs). EasyEquities acts as an agent for the issue of whole shares, where the investor is the registered owner of those shares, entitled to dividends, participation in corporate actions and all the economic benefits and risks associated with share ownership.

In respect of FSRs, EasyEquities acts as principal to a contract for difference issued to the investor, where the investor will have a contractual claim against EasyEquities to the economic benefits and risks associated with share ownership (price movements and dividends) without having ownership rights in the underlying share. Fractional share rights (FSRs) which are issued through a contract for difference, are an over the counter derivative. Unlike whole shares, FSRs do not carry any voting rights. As the investor makes further investments in FSRs and ultimately ends up with a whole share, the contract for difference is closed out and ownership whole share is delivered to the investor.

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