I have an ASI account and had a TFIA account on my online banking. At the end of February I tried to get a TFIA set up for my husband on his banking account. There was no option available to him on his autobank account to open a TFIA. No-one at the branch (a fairly big branch) had a clue what I was talking about and wanted to give us a Tax Free Savings Account (banking interest bearing product) We then found someone who told us they don't do that anymore and suggested I speak to the Online Share Trading people. They were prepared to open an account for him at the reduced R10 per month rate if only for TFIA. We ran out of time before 28 Feb and have not set this up yet. I have an Online Share Trading account and moved my TFIA from my autobank account into there to avoid the additional R10 per month. It is also simple to trade from there. It shows as a separate account number on my OST logon. Allows trading in a good selection of ETFs. So is TFIA on autobank linked to Auto Share Invest, so available only if you have the ASI activated?
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