Annual account fees
A fee of £35 plus VAT p.a. or part thereof is payable by each customer. It covers all accounts held under your customer number and is payable in advance. No Management Fee is payable by Child Trust Fund customers.
| Sole customer: | |
| Dealing2 | |
| Shares ISA2 | |
| SIPP Dealing1,2 | |
| Joint customer: | |
| Joint Dealing2 | |
| Investment Club2 | |
| Company Dealing2 | |
| Child: | |
| Self-select Shares CTF | No charge |
| Stakeholder CTF | No charge3 |
| Child SIPP Dealing | No charge1 |
Dealing fees online and by phone (from 1 Jan. 2011)
| Standard online rate (inc orders routed) | £12.50 |
| (includes orders routed online to our Dealing team) | |
| Online frequent trader rate | £6.00 |
| (applies after first 100 trades at standard online or phone rate in each calendar quarter) |
Telephone rates
| All trades of £2,500 and under | £17.50 |
| All trades over £2,500 up to £100,000 | £40 |
| For trades over £100,000 | Please call for a quote |
| Unit trust and OEIC purchases | No dealing fee4 |
| Regular Investment Service purchases | £1.504 |
| Dividend Reinvestment Service purchases | £1.504 |
| Limit or stop loss orders | No additional fee |
| Issuing a paper certificate (per holding) | £20 |
| Stock transfers out (per holding) | £15 |
| Probate valuation (first 20 investments) | £25 + VAT |
| For each subsequent valuation | £6 + VAT |
| No inactivity fees and no other brokerage charges. | |
| For details of charges on Selftrade CFD and Spread betting accounts please see the appropriate Market Information Sheets at www.selftrade.co.uk. | |
Interest payable on overdrawn accounts
| Bank of England base rate +15% EAR (equivalent annual rate). | |
| Overdrawn administration fee (per occasion) | £15 |
Interest rates / banking charges
Interest payable (from 5 February 2009) |
|
| Cash balance | Gross interest rate applied to whole balance 6 |
| £1 - £250,000 | 0.00% |
| £250,001+ | 0.01% |
| Charges | |
| CHAPS payments out (minimum payment - £2,500) | £35 |
| CHAPS payments in (minimum payment - £5,000) | Charges refunded |
| Any charges incurred by us as a consequence of payment failures or special payment instructions will be automatically debited from your Selftrade account. | |
Duties and Levies
Stamp Duty |
|
| Purchases of UK equities | 0.5% |
| Purchase of Irish equities | 1% |
| Purchase of some eurobonds | 0.5%7 |
| PTM Levy | |
|
£1 flat rate charge on equity transactions over £10,000 1 Your chosen SIPP Trustee/Administrator may make a charge. 2 Annual Management Fee, payable in advance, covers all accounts held under your customer number. 3 The Fund Manager’s annual management charge, maximum 1.5% p.a. is accounted for within the fund value. 4 See full price list for details. 5 Sales are subject to the relevant online/phone rate. 6 The indicated rates are payable on cash held in all account types except Child Trust Funds, where interest is paid at 1% below base rate. We pay interest monthly. We don't pay amounts of less than 30p and these will not accrue to the next period. Interest is calculated separately for each account type held at Selftrade. 7 Please call Customer Service for further details. |
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