Rates & Charges
Brokerage / Banking Services
Nominee Facility
| Charge Details | Charge |
|---|---|
| Administration | Nil |
| Transfers in of stock | FREE |
| Transfers out of stock | £20 per holding |
Fund Supermarket
| Charge Details | Charge |
|---|---|
| Dealing Commission Rates | Nil |
| Initial Sales Charges on funds | 0% to 2.25% max |
Foreign Exchange (FX)
The foreign exchange rate for all currency conversion is based on the bid/offer exchange rate to which TD Waterhouse apply a spread based on up to +/- 1.5%, applied at the time of contracting. Details available on request.
Regular Investment Account
| Commission | Minimum Subscription | ||
|---|---|---|---|
| Buy | Sell | ||
| FTSE 350 | £1.50 | Standard commission rate | £25/stock |
| ETFs | £1.50 | Standard commission rate | £25/fund |
| Funds | £0* | Nil | £50/fund |
There is no Account Management Fee on the Regular Investment Account
* Funds do not incur commission charges, but may have an initial fee charged by the fund manager.
Purchases can only be made on the first and third Wednesdays of each month, subject to change, please visit tdwaterhouse.co.uk for up to date details.
Cash Management Services Account
| Balance On Deposit | Gross Rate* | Net Rate** | AER*** |
|---|---|---|---|
| Sterling balances & Foreign Currency balances (USD, CAD, EUR, AUD, HKD & S$†) | 0.10% | 0.08% | 0.10% |
* Gross rate is the contractual rate before the deduction of income tax at the rate specified by law.
** Net rate is the amount of interest which would be payable after the deduction of income tax specified by law.
*** AER stands for Annual Equivalent Rate (contractual rate when paid and compounded each year). The AER as stated is calculated at 22/09/08.
† Please note that AUD, HKD & S$ will only be available from December 2008.
Savings Account: Gross Interest Rates
| Balance On Deposit | Interest Rate |
|---|---|
| All balances | Bank of England Base Rate minus 0.75% |
Any credit interest will be calculated on your cleared credit balance on a daily basis and will be credited to your account quarterly on or around the 25th day of March, June, September and December. Such interest will be paid net or gross as set out in our Customer Terms of Service. "Gross" means the rate that will be paid to customers without the deduction of income tax. If paid gross, any tax payments due on this interest will be your responsibility. Any debit interest will be calculated on the debit balance in your account on a daily basis and will be debited from your account on a quarterly basis.
