What is 'UK Bank Interest' on my valuation?
If you received interest on your funds while they were held in our client cash account, you'll see 'UK Bank Interest' on your tax certificate.
Our bank account may earn interest between the time we receive your funds, and the time your shares are purchased. Any amount earned over 1% will be credited to your portfolio.
If you would like to withdraw the interest earned on your account, you can do so by sending in a signed instruction and proof of bank details (dated within the last 3 months) to investorsupport@octopusinvestments.com or Octopus Investments, PO Box 10847, Chelmsford, CM99 2BU.
Please note, this is not applicable to our VCT products. For more information, please see the T&C's for the relevant VCT.