What is 'UK Bank Interest' on my client's valuation?

If your client received interest on their funds while they were held in our client cash account, they'll see 'UK Bank Interest' on their tax certificate .

Our bank account may earn interest between the time we receive their funds, and the time their shares are purchased. Any amount earned over 1% will be credited to their portfolio.

If your client would like to withdraw the interest earned on their account, they can do so by sending in a signed instruction and proof of bank details (dated within the last 3 months) to support@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.