Why can’t I withdraw my 'available cash'?
'Available cash' in your SIPP, ISA or Dealing account, is the cash in your account you can use to invest - and this can differ from the cash in your account you're able to withdraw.
As a rule, you can withdraw the total of the cleared cash in your account minus any money earmarked for pending share or fund purchases and limit orders. Money you’ve recently paid into your account may not be available straight away – it can take up to five days to clear.
Money you’ve made from investment sales is normally available to withdraw one day after the settlement date shown on your contract note.
For a Stocks and shares ISA or Dealing account, you can withdraw cash by logging in to your account and selecting ‘Withdrawals’. Your cash withdrawal will arrive in your nominated bank account within five working days. If you withdraw money from an ISA, keep in mind it can’t be paid back in if you’ve reached the annual allowance limit for the current tax year.
If you have a Cash savings hub with us, money paid into your account through faster payments will be available in your account on the same day. If you’ve requested a withdrawal from your Cash savings hub, this will normally be paid on the same day, but can sometimes take up to four working days. Find out more information on withdrawing from a Cash savings notice account and withdrawing from a Cash savings fixed term account.
Find out more
- How can I pay money into my account?
- I'm linked to another account. Can I check the status of a transfer to it?
- What are the terms and conditions of my account?
- How do you collect charges from me?
- Why aren't all my investments showing on the transfer tracking page?
- Is it possible to open an account in joint names?