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Cash to cover Vanguard charges

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  • sausage_time
    sausage_time Posts: 1,512 Ambassador
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    eskbanker said:
    You have a choice of how to pay your charges, as explained at https://www.vanguardinvestor.co.uk/content/documents/legal/key-features-isa-gia.pdf

    You have the option, when you open your account or at any later time, to arrange payment of your account fee by direct debit from your nominated bank account. Alternatively, we will deduct the fee from available cash (and, failing that, from fund holdings) within your account in accordance with the disinvestment strategy set out in Vanguard’s Client Terms. 

    Awesome - I had not spotted that was an option!  I just made that change. I assume any fees paid to Vanguard can be over and above the £20k ISA limit? 

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  • eskbanker
    eskbanker Posts: 37,404 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    eskbanker said:
    You have a choice of how to pay your charges, as explained at https://www.vanguardinvestor.co.uk/content/documents/legal/key-features-isa-gia.pdf

    You have the option, when you open your account or at any later time, to arrange payment of your account fee by direct debit from your nominated bank account. Alternatively, we will deduct the fee from available cash (and, failing that, from fund holdings) within your account in accordance with the disinvestment strategy set out in Vanguard’s Client Terms. 

    Awesome - I had not spotted that was an option!  I just made that change. I assume any fees paid to Vanguard can be over and above the £20k ISA limit? 
    Yes, if you use the DD option.
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