How do you collect charges from me?
We'll collect your charges for each account from the available cash you have in it. So you need to make sure you have enough cash in your account to cover charges when they're due.
We collect our funds and shares custody charges four times a year – usually less than 20 business days after the quarter end. Our custody charge is based on the mid-price value of your account’s investments on the last working day of each month in the calendar quarter. Fund managers may also have their own charges, which they’ll take out of the fund itself.
Your dealing charges are included in the contract total when you buy or sell an investment.
Have a SIPP, ISA, Lifetime ISA, Junior ISA or Junior SIPP? If you prefer, we can collect its custody charges from the cash in a Dealing account. To set this up, you’ll need to open a Dealing account – if you don’t already have one – and email email@example.com with your request. Keep in mind this only applies to custody charges: dealing charges can only be paid from the original account.