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  1. #561
    Ignorant. Just ignorant.
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    The major banks are quite good at notifying upcoming maintenance. This from the Westpac login page late Saturday morning:

    "NOTICE: Inter-Bank Payment Delays"

    Due to Reserve Bank maintenance on Saturday, 9 September, inter-bank payments expected between 4:00am and 12:00pm will be delayed until the early afternoon. Please allow extra time for your transactions to process and avoid making duplicate payments.

    Card, EFTPOS, and ATM services will be unaffected.

    Need help? Get in touch with our Helpdesk"



    .

  2. #562
    Senior Member
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    Mar 2021
    Location
    Auckland
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    919

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    A step granddaughter has a Sharesies Account as an add on to her grandmother's account. She has a small holding in ERD, but of course it is in the name of the custodian. Does anyone know how the current (renounceable?) rights issue will work in that circumstance?

  3. #563
    Guru justakiwi's Avatar
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    Aug 2016
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    Canterbury
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    I believe the custodian will receive the offer for the grandkids. I am now able to exercise warrants offers for my grandchildren, and am also able to exercise their shareholder votes, on their behalf.

    Quote Originally Posted by ronaldson View Post
    A step granddaughter has a Sharesies Account as an add on to her grandmother's account. She has a small holding in ERD, but of course it is in the name of the custodian. Does anyone know how the current (renounceable?) rights issue will work in that circumstance?

  4. #564
    Member
    Join Date
    Mar 2014
    Posts
    139

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    Quote Originally Posted by GTM 3442 View Post
    The major banks are quite good at notifying upcoming maintenance. This from the Westpac login page late Saturday morning:

    "NOTICE: Inter-Bank Payment Delays"

    Due to Reserve Bank maintenance on Saturday, 9 September, inter-bank payments expected between 4:00am and 12:00pm will be delayed until the early afternoon. Please allow extra time for your transactions to process and avoid making duplicate payments.

    Card, EFTPOS, and ATM services will be unaffected.

    Need help? Get in touch with our Helpdesk"



    .
    Yes this is exactly the kind of thing I meant. And no bank ever sets your balances to zero during maintenance!

  5. #565
    Member
    Join Date
    Jul 2020
    Location
    Mainland
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    32

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    Sharesies now offering DRP on GNE Justakiwi 😊

  6. #566
    Guru justakiwi's Avatar
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    Aug 2016
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    Canterbury
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    Thanks, but bit late for me as I no longer hold GNE. Would be helpful if Sharesies would add a search filter, so we could search by "DRP available" rather than having to trawl through to see if anything new has been added.

    Quote Originally Posted by Cottagestyles View Post
    Sharesies now offering DRP on GNE Justakiwi 

  7. #567
    Junior Member
    Join Date
    Dec 2020
    Location
    Hawke's Bay
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    22

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    I cannot believe how slowly they are introducing DRP to the site.

  8. #568
    Guru justakiwi's Avatar
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    Me neither. It’s embarrassing - not that they see it that way, but it makes them look really amateur when they introduce a new feature that is not fully implemented. If you can’t do it properly from day one, why even bother?

    I only have one small holding left with them. Will eventually transfer that one out too. Hugely disappointed in them. I think they have lost their way.

    Quote Originally Posted by Cabinet View Post
    I cannot believe how slowly they are introducing DRP to the site.

  9. #569
    Junior Member
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    Dec 2021
    Location
    Christchurch
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    22

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    Quote Originally Posted by Cabinet View Post
    I cannot believe how slowly they are introducing DRP to the site.
    Are DRPs fully exempt from taxation in NZ?

  10. #570
    Reincarnated Panthera Snow Leopard's Avatar
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    Jul 2004
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    Private Universe
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    5,875

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    Quote Originally Posted by strikereureka View Post
    Are DRPs fully exempt from taxation in NZ?
    they are taxed exactly the same as the dividend.
    om mani peme hum

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