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ii dividend payments

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I’m thinking of moving some of my portfolio to ii.co.uk. A couple of questions:

Do they automatically pay dividends to your linked bank account, or do you have to keep an eye on your cash account and transfer them yourself?

Do they accept FinTech banks like Monzo and Starling as your linked account? IWeb don’t and froze my account when I attempted to link my Monzo account. They re-enabled it when I linked my Nat West account.

Comments

  • Linton
    Linton Posts: 18,154 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    ii will pay dividends/interest into the linked bank account (they do it for me) from an ISA and I guess a GIA but you have to request it by  phone/secure messaging.  The facility is not accessible from the web site.
  • Umiamz
    Umiamz Posts: 594 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    Linton said:
    ii will pay dividends/interest into the linked bank account (they do it for me) from an ISA and I guess a GIA but you have to request it by  phone/secure messaging.  The facility is not accessible from the web site.
    Ah, that's a shame - thanks for replying.
  • Linton
    Linton Posts: 18,154 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    Umiamz said:
    Linton said:
    ii will pay dividends/interest into the linked bank account (they do it for me) from an ISA and I guess a GIA but you have to request it by  phone/secure messaging.  The facility is not accessible from the web site.
    Ah, that's a shame - thanks for replying.
    Why a shame?  Perhaps I was not clear - ii do pay out dividends and interest, you just need to make a phoine call/send a messge for them to set it up.  From then on it all happens automatically.   That is how it worked for me.

    The accessible from the website refers to the fact that it isnt an option advertised or configurable on the website. 
  • Hi,

    you can set up a recurring withdrawal order online for day, week, month, maybe 1st of month best option.



  • Umiamz
    Umiamz Posts: 594 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    Linton said:
    Umiamz said:
    Linton said:
    ii will pay dividends/interest into the linked bank account (they do it for me) from an ISA and I guess a GIA but you have to request it by  phone/secure messaging.  The facility is not accessible from the web site.
    Ah, that's a shame - thanks for replying.
    Why a shame?  Perhaps I was not clear - ii do pay out dividends and interest, you just need to make a phoine call/send a messge for them to set it up.  From then on it all happens automatically.   That is how it worked for me.

    The accessible from the website refers to the fact that it isnt an option advertised or configurable on the website. 

    Thanks, I'm with you now - I did misunderstand your first reply and that was down to me.
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