Charges

Schedule of SVS Online Charges

Dealing Commission (Per Transaction)

Charge per trade executed online: £5.75

Charge per trade by telephone: £20.00

INTEREST RATES

Interest rates on cash balances 0.0%

Stamp Duty (SDRT) / Additional Government Dealing Charges

Stamp Duty Reserve Tax on UK Equity purchases is payable at the prevailing rate at the time of dealing

SDRT Rates

  • 0.5% SDRT on UK equity purchases online settled through CREST (where applicable)
  • 1% SDRT on IRISH equity purchases online settled through CREST (where applicable)
  • PTM levy is currently £1 on all equity transactions of £10,000 and over****

Payment Charges

  • CHAPS (same day) money transfer £25.00
  • BACS (3 day) money transfer £0.00
  • Debit Card payment to SVS *** £0.00
  • Charge for adding funds to your account by telephone £5.00 (you may subscribe to your account for free using a debit card online)
  • Late settlement/returned cheque £15.00

Transfer Charges

  • Share Certificate request (NCBO)* £15.00 per share certificate
  • Transfer into SVS (NCBO)* £0.00 per stock
  • Transfer out of SVS (NCBO)* £15.00 per stock

Other Charges

  • Probate Valuation £25.00 (flat fee)
  • Corporate Action Processing Charge £10.00
  • Inactivity charge £0.00
  • Maintenance charge £0.00

* (NCBO) = No Change of Beneficial Owner ** (SDRT) = Stamp Duty Reserve Tax *** Payment from Credit Card is not accepted ****(PTM) Panel of Takeovers and Mergers

Any questions please see our FAQS