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Custody Fee...?!?!

Guest Neil2048


Guest Neil2048

Hi All

I think that i will be hit with the custody fee in a few days as i don't trade much and haven't traded in the last three months, i will in the near future be moving my shares out to another provider, but how can i fund my account with the fee, as the minimum transfer amount seems to be £250, I clearly don't want to credit my account with £250 just to pay the £24 custody fee, while I arrange to transfer my shares out, How can i pay this with out them selling my shares or transferring an ridiculous amount?


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2 answers to this question

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Hi @Neil2048 - there are a couple of options with this one.

  1. give us a call and we'll take the payment over the phone - this shouldn't take more than a couple minutes.
  2. fund the minimum amount via card (250), and then withdraw the free balance (250-24) back to the same card immediately. 

Bit of a work around I do appreciate, but it should work. thanks. 

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