Summary: Beyond Bank does not allow Australian investors to buy shares directly through their online banking web or mobile app. This is because the Beyond Bank internet banking platform does not offer any native investment services like larger banks (e.g CommBank and CommSec).
The only available method to buy shares from your Beyond Bank account is by signing up with a licensed stock broker in Australia. We recommend eToro because they offer fast and free AUD deposits to trade over 8,000 global Stocks, ETFs, Commodities, Cryptos and more.
How to Buy Shares and ETFs with Beyond Bank
The easiest way to buy stocks in Australia with Beyond Bank is by depositing Australian Dollars (AUD) from your account into a licensed trading platform. If you are looking to get started quickly, we suggest using the eToro exchange because they offer instant AUD deposits from Beyond Bank via Bank Transfer or PayID/Osko.
You can get started in 4 simple steps:
- Sign up to eToro and complete the verification process.
- Click ‘Deposit Funds’ and transfer AUD from your Beyond Bank account to eToro through one of the provided deposit methods.
- Search for the share you want to purchase in the search bar and select ‘Trade’.
- Enter the amount you would like to invest in and tap ‘Set Order’.
Can I Buy Shares in Beyond Bank
No, Beyond Bank Australia Limited (ABN 15 087 651 143) is a customer owned mutual bank. They are not yet listed on a public stock exchange like the Australian Securities Exchange (ASX) and have not announced any plans for an IPO offering. The mutual group currently consists of over 263,512 members across Australia, making it the largest customer-owned bank in South Australia.
About Beyond Bank
Beyond Bank is a customer-owned mutual bank offering banking products and services to both personal and business customers. The bank currently operates a network of over 60 branches across Australia, with the majority located in South Australia.
The bank was originally founded as the Community CPS Credit Union in 1966. In 2011, the credit union changed its name to Beyond Bank to reflect its evolving position in the market. In 2016, Beyond Bank merged with Advance Bank, expanding its branch network into New South Wales.
Beyond Bank is a member of the Customer Owned Banking Association (COBA) and adheres to the COBA Code of Banking Practice. The bank is also a signatory to the Australian Bankers’ Association’s (ABA) Code of Conduct.