You can set up a trust or SMSF account, also called an entity account, in 2 steps.

This information is specifically for trust and SMSF accounts.

If you want to set up an account for a business or corporate entity, find out how to Set up a company account.

Step 1: Prepare the required documents and accounts

To register a Swyftx account in your trust or SMSF's name, you will need:

• A copy of the trust or SMSF Deed Summary page(s), also known as an Extract or Schedules. If you're unsure, you can attach the entire trust or SMSF Deed.
• All trustees and named beneficiaries are to hold verified Swyftx accounts.

If your trust or SMSF has a corporate trustee, i.e., linked to your registered Pty Ltd Company, you will also need:

• A current full company information extract from ASIC for Australian customers, or from the New Zealand Companies Register website for New Zealand customers. Find out how to download a company information extract.
• All directors and major shareholders (>=25%) are to hold verified Swyftx accounts.

Step 2: Upload your documents and complete the application on Swyftx

You will use your current Swyftx account for the trust or SMSF application. You won't need to make a new account.

If someone in your trust or SMSF still needs to get a verified Swyftx account, we will email them instructions on what to do.

Applications will only progress once all parties are verified users on Swyftx.

How to apply for a trust or SMSF account

• App

  1. Expand the left side menu and select Switch account from the bottom of the menu.
  2. Select Create entity account.
  3. Select Continue, then Continue on Create entity to start your application.
  4. Enter your details in the Step-by-Step Entity Account Creation Form.

• Web

  1. Click on your initials in the top menu bar, then select Switch account.
  2. Select Create entity account.
  3. Select I understand, Continue, then Continue to start your application.
  4. Enter your details in the Step-by-Step Entity Account Creation Form.

What happens next?

After completing the form, our team will review it and let you know if we need more information.

All parties included in the application will receive an invitation by email to join the entity account, so you can let them know to expect an email from us.

The application will only progress when all members have accepted the email invitation and all accounts are verified users on Swyftx.

Finally, we will send you a message when the account is ready.

Switch to and from your entity account

• App

  1. Expand the side menu and select Switch account.

• Web

  1. Select your circled initial in the top right corner of the dashboard.
  2. Select the account you wish to switch to from the drop-down menu.