Regular withdrawal funds can be expected to arrive in the client's bank account on the selected payment date of the 1st, 7th, 14th, 21st or 28th - dependent on whether sells are required, and the settlement date of any required sales. This applies to GIA's and ISA's.

For SIPP Drawdown Accounts, the same timeline applies, but the payment dates available are 7th, 14th, 21st and 28th of the month. We are working to add 1st as an option for DD accounts and we will notify you when this is available.

The auto-disinvestment will create sell transactions 5 working days prior to the selected payment date at 7am for an Investment and 6 working days prior to the selected payment date for a Pension.

The withdrawal transaction is created at a status of Waiting and the sell transactions are created at a status of Pending. The withdrawal lands in the client’s account when the last trade settles and the transaction updates to Completed.