For those who have a margin loan do any of you have your margin loan with a bank other than the bank (or their linked partners) you have your online broking account with?
I use Westpac Broking for my share investing and want to stay with them, they provider their margin loans through BT Financials, though I can get better margin loans through other providers in terms of options and less interest. However, nobody else links directly with Westpac so I wouldn't see the margin loan within my online broking account.
So the main question - how much of a hassle is it to have a margin loan with one provider and then buy shares using that margin loan with another bank's online broking services? Is it possible? If so, how do you pay into your online broking account?
Should I just stick with BT? I see in a few other threads a lot of you use them.
Looking forward to your feedback.