Commission Rates - UK Equities, Gilts and Fixed Interest Stock
Online Nominee
Flat Rate
£15.00 per trade
Telephone Nominee
First £5,000 of each transaction
1.00% per trade
Thereafter
0.20% per trade
Minimum
£17.50 per trade
Certificated
Online and Telephone Trading Charges
First £15,000 of each transaction
1.35% per trade
Thereafter
0.40% per trade
Minimum
£35.00 per trade
International Equities
Online
Flat Rate
£20.00 per trade
Telephone
First £15,000 of each transaction
1.25% per trade
Thereafter
0.50% per trade
Minimum
£50.00 per trade
The exchange rate for all types of currency conversion will be
based on the bid or offer exchange rates to which we apply a
spread of up to +/- 1.5%, applied at the time of contracting.
Flat charge of £1 on all transactions over £10,000
Hong Kong – all transactions subject to:
Transaction Levy of 0.004%, Trading Fee of 0.005% and Stamp Duty of 0.1%
Singapore – all transactions subject to:
A Clearing Fee of 0.04% subject to a cap of S$600
Non-CREST eligible and CREST eligible residual stocks are
subject to a minimum charge of £5.00, with any greater charges
rounded up to the nearest £5.00.
Unit Trusts
Direct Trader Online and Phone
Purchases
No commission beyond that payable in the offer price
Cash Management Account Interest rates
Amount on deposit
Interest Rate Gross
£1+
0.20% gross
Gross interest will be paid every 3 months at the above levels and calculated daily. Gross means the rate that will be paid to customers without the deduction of Income Tax.
Additional Charges
Details
Charge
Stock Transfers (out of nominee)
£20.00 per holding
Unpaid cheques/Direct Debits returned due to insufficient funds
£38.00
Late payment
£30.00 + 26.4% of the outstanding sum (29.84% EAR*)
Sell Out Fee due to non-payment
£40.00 + commission
Buy Back Fee due to non-delivery of stock
£40.00 + commission
Request for replacement share certificates
£35.00 + VAT and any other charges levied by third parties
Registration of legal documents
£35.00 + VAT
Telegraphic transfer
£25.00
Stop payment on cheques
£10.00
Duplicate statements (per statement)
£10.00 + VAT
CREST Personal Membership Account Administration Fee. We will waive the CREST Personal Membership Account Administration Fee if you hold £5,000 or more in stock and/or cash in the account at the time the fee is levied**, or if you have traded twice or more during the previous quarter
£15.00 + VAT per quarter
Certificated CREST Rejection Fee
£15 for each rejected stock
Nominee Administration Fee. We will waive the Nominee Administration Fee if you hold £2,000 or more in stock and/or cash in the account at the time the fee is levied**, or if you have traded at least once or more during the previous quarter
£10.00 + VAT per quarter
Valuation Fee
£10.00 + VAT per line of stock Minimum Charge £50 + VAT
Please note
All charges are shown exclusive of VAT unless otherwise stated. VAT will be charged at the prevailing rate where applicable.
*EAR: Effective Annual Rate – The real annual cost, stated as an annual rate, which takes into account how often interest is charged.
**The charge will be made in respect of the immediately preceding calendar quarter and will be levied during the last week before each quarter end
or as soon as practicable after that week.
ISA Rates
Administration Fee
Total value of your Direct Trader ISA
Annual Administration Fee (+VAT)
Up to £7,200
£30.00
Over £7,200
£60.00
£25,000+
ZERO
The Administration Fee will be calculated annually on the last business day in May and charged on the following business day.
Uninvested Cash Balance Interest Rates
Amount on deposit
Interest Rate
£1+
0.20% gross
Gross interest will be calculated on your credit balance on a daily
basis and credited to your Plan on or around the 25th day of May
and November in any one year. Gross means the rate that will be
paid to customers without the deduction of Income Tax.
ISA Additional Charges
Details
Charges
Dealing Commission Rate
See Share Dealing Account Commission Rates
Plan Transfer In
FREE
Cash Withdrawal
FREE
Stock Withdrawal
£20.00 per holding
Plan/Account Closure or Transfer out
£50.00+ the relevant Administration Fee calculated on the Plan value on the date of closure
Monthly Portfolio Builder Account and ISA
Commission
Buy
Sell
FTSE 350
£1.50
£15 (or phone rate)
ETFs
£1.50
£15 (or phone rate)
Funds
£0*
NIL
Purchases can only be made on the first and third Wednesdays of each month, subject to change. For more information please visit www.rbs-sharedealing.co.uk
* Funds do not incur commission charges, but may have an initial fee charged by the fund manager.
