Operating your Facility

General information about your FacilityMinimising the risk of a margin call
The role of your broker
NAB Margin Lending Client Service Team

General information about your Facility

Facility number
Your Facility number identifies your NAB Margin Lending Facility. You should quote this number when making an enquiry about your Facility and on all written request and instructions to us.

Regular payments and deposits to your Facility
Take advantage of NAB's extensive distribution network to make regular payments to your Facility. Payments can be made by:

• internet banking;
• telephone banking;
• visiting any NAB branch and using a deposit book (which you can request from us); or
• sending a cheque directly to us made payable to the name of your Facility.

Approved Investment List and current interest rates
You can access NAB Margin Lending's Approved Investment List and current interest rates at any time via the website.

Minimising the risk of a margin call

It is important that you closely monitor your Facility on a regular basis and promptly take action if you are in a margin call position. While we will attempt to contact you if you are in a margin call position, if we are unable to do so we may sell shares or redeem managed fund units to restore your Facility position without further reference to you.

If you intend to go away or will not be contactable for some time, we recommend you consider the following:

• deposit additional funds (either to the credit of your variable interest rate loan account or to your Cash Management Account);
• provide additional approved investments as security;
• nominate an authorised representative to act on your behalf (including responding to margin calls);

Other ways to minimise the risk of a margin call are:

• for variable interest rate loans, pay the interest monthly instead of having the interest added (capitalised) to your loan balance;
• arrange for dividends and distributions to be credited directly to your variable rate loan or Cash Management Account;
• do not borrow up to the maximum allowed. For example only borrowing up to 60% against an investment with a security value of 70% provides you with additional protection;
• diversify your portfolio across a number of investments and industry sectors to lessen the impact of poorly performing investments.

For more information about how you can minimise your investment risks, visit our Learning centre.

If you don't have an existing relationship with a broker and would like to trade online yourself, you may like to register with NAB OnLine Trading.

Operating your Facility
Monitoring your portfolio
Providing instructionsApproved Investment ListInterest rates and feesLearning centreNAB Margin Lending homepage