To reduce the number of transactions on a client’s account and to make it easier to trade, we have introduced an automated cash management functionality. This will ensure the process of paying fees and charges runs as smoothly as possible. This will involve the platform selling a small number of units and holding them as cash on clients’ accounts, typically every six months. We will only sell units equivalent to a maximum of 0.75% of the value of an account at any one time.
More information on funding fees, income and withdrawals and full details on our cash management can be found at quilter.com/siteassets/documents/platform/support/20349-straightforward-cash-management.pdf