Does anyone knows if we can BPAY multiple times to convert options to shares?
For example I need to convert 800000 options to shares and this means I need to BPAY 800000*$0.15 = $120000 but I have 3 different savings accounts and therefore can I pay the $120000 in 3 separate transactions (say $40000 + $30000 + 50000). Plus, even if I pool all the cash into 1 account, I guess I still cannot pay the whole $120000 in 1 single transaction anyway as my daily account transaction limit is only $25000. I know I can go to the bank to increase my limit but only up to $50000.
Is anyone there in the same situation like mine?
Love to hear from someone. Cheers
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