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The Regular Fixed Charge, which is paid by some International Bond customers under the wealth management charging structure, will increase by 5% pa in 2023. This is in line with our Policy Provisions and follows a review of overall costs, which are impacted by inflation.
The Regular Fixed Charge is a monetary amount taken quarterly in arrears. On average customers will pay between £7 and £8 more per quarter.
Throughout the year, we’ll notify customers of the increase at least 30 days before their bond anniversary date, and their first increased charge will be taken three months after their anniversary date. You may wish to check whether standing orders in place to cover this charge need to be updated.
|
Quarter in which customer's Bond anniversary falls |
Approx date customers will be notified |
|---|---|
| October – December | Start of September 2023 |
View a copy of our communications.
For more information, please contact 0345 600 2387 (call charges will vary).
Please note - this news item was previously published in May 2023. We’re republishing as a reminder because customers with anniversary dates between October to December 2023 will receive their communication regarding this price increase from 1 September 2023.