Ancillary Fees Table

The charges below apply to all deal transactions but the charge varies dependent on the security type. Other additional fees are also outlined below and may be incurred dependent on the activity you undertake and instruct on your account. These charges form a part of the Terms of Business issued by us and where applicable replaces any previous charges previously issue. These charges may vary from time to time with any change confirmed to you via the secure online portal or in writing.

Deal Contract Charges

Security Type
Country
Fee
Collectives
ALL
£25.00 or currency equivalent
Equities
UK, Ireland
£15.00 or currency equivalent
Exchange Traded Funds (ETF)
ALL
£15.00 or currency equivalent
Fixed Interest
ALL
£15.00 or currency equivalent
Overseas equities
Australia, Hong Kong, Japan, South Africa
£35.00 or currency equivalent
Overseas equities
Denmark, France, Germany, Italy, Netherlands, Sweden, Switzerland and any other country held in Euroclear
£35.00 or currency equivalent
Overseas equities
Austria, Belgium, Finland, Greece, Luxembourg, Malaysia, New Zealand, Norway, Portugal, Singapore, Spain and Thailand
£45.00 or currency equivalent
Overseas equities
USA and Canada
£15.00 or currency equivalent

Valuation Charges

Type
Notes
Fee
Online
Available online via the Investment Portal
£0
Printed
Delivered via post
£10.00 or currency equivalent

Asset Transfer Charges

Type
Notes
Fee
In specie transfer in
per line of stock
£0
In specie transfer out
per line of stock
£25.00 or currency equivalent
Internal transfer between accounts
per line of stock
£10.00 or currency equivalent
Dematerialisation of certificated stock
per line of stock
£100.00 or currency equivalent

Bank Charges

Type
Notes
Fee
Outgoing BACS
per payment
£0
Outgoing GBP Faster Payment
per payment
£0
Outgoing GBP Chaps
per payment
£20.00 or currency equivalent
Outgoing USD SWIFT
per payment
USD40
Outgoing EUR SWIFT
per payment
EUR33
Outgoing GBP SWIFT
per payment
£25.00
Other currency SWIFT
per payment
£25.00 or currency equivalent
Incoming
per payment
passed onto client

Additional Account Charge

Type
Notes
Fee
New Account
Levied if a requested change requires the establishment of a new account - eg new reporting currency
£250.00
Non-utilisation
If an account closes within 12 months, or is not funded, we reserve the right to charge a non-utilisation fee.
£250.00

Corporate Actions

Type
Notes
Fee
Standard
Standard corporate actions and dividend handling
£0.00
Proxy vote request
per client
£50.00
Letter of representation
per client
£150.00

Overdue Fees

Type
Notes
Negative balance on trading account
We reserve the right to charge debit interest in respect of any account which becomes overdrawn, on any monies which remain outstanding or unpaid in respect of any delay in settlement or non-settlement of a transaction, or on any fees or charges due from you in respect of services provided. In the event that there is insufficient available cash we reserve the right to effect a foreign exchange transaction from another currency, or to sell from the largest available liquid investment holding, in order to place cash in the trading account to cover any overdue fees and future fees for a reasonable period.

Have any questions?

If you have any queries regarding these ancillary fees, please contact businessdevelopment@capital-iom.com