This guide runs through how to add new money to a third party SIPP or a third party offshore bond on the Soderberg platform.
- Navigate to the account on the platform, and select ‘Pay In’ under the ‘Account actions’ button.
2. Create a payment expectation and specify the amount. The payment method should always be Bank Transfer. You can take an initial fee here and specify whether it should be auto-invested upon receipt.
3. Go to the third party product platform and instruct a payment to Soderberg using the following bank details; here. They should quote 'SODBG-ACCOUNTID' as the payment reference.
Please note: Where the product provider has different bank accounts for payments and withdrawals (such as Canada Life):
- The bank details held on the investment account should be those used for withdrawals.
- This means that withdrawals will go to the correct bank account.
- Any payments into the offshore bond account on the Soderberg platform will not auto match and instead will be applied the day after funds are received.