How do I receive my CHESS holding statements and notifications?
The ASX sends a CHESS holding statement to investors at the end of the month if there has been a change to a security they hold - one for each security (for example, if the investor has bought or sold securities). CHESS notifications are also sent to investors shortly after they inform their broker of changes to their details, such as name and address.
In this guide:
What is a CHESS holding statement?
CHESS holding statements are similar to a bank statement. They detail the transactions that occurred in a calendar month and will progressively calculate the holding balance brought forward to the closing balance at the end of each month.
CHESS holding statements are only issued if there has been a change in your CHESS holding balance. You will receive a CHESS holding statement shortly after the end of the month for each security in which a transaction changed your CHESS holding balance.
How can I receive my statements and notifications electronically?
All new CommSec Share Trading Accounts opened after the 30th November 2024 will automatically be opted in to receive electronic CHESS holding statements and notifications. Learn more about CHESS sponsorship and HINs.
Once your account has been opened, you will receive an ASX CHESS Statements Portal Registration email from CHESS. You will need to complete this registration to access the portal where you can find copies of current and historical CHESS holding statements and notifications.
If you have an existing CommSec Share Trading Account, you may be receiving CHESS holding statements and notifications in the mail. You can now elect to receive your statements and notifications electronically.
To opt into electronic statements and notifications:
- Log into CommSec
- Head to Portfolio
- Navigate to Holdings
- Click on the "View or Edit Account Details" link located at the top right of the page
- Select your CHESS statement preferences and save your changes
Once you have opted in, you will receive multiple notifications from CHESS:
- An ASX CHESS Statements Portal registration email
- An email confirming a change to communication preferences
- A printed notification mailed to your postal address confirming the change
What happens if I do not complete registration once I have opted in?
Your CHESS holding statements will be added to the ASX CHESS Statement Portal, however you will not be able to access these statements until you have completed your registration.
