How do I add or withdraw money through Flexible Cash Funds?
How to add money
- Go to 'Treasury' on the main menu
- Open 'Flexible Cash Funds'
- Select 'Add money'
- Choose 'Flexible Cash Funds'
- Choose the current account to add money from
- Enter the amount
When you add money into a Flexible Cash Funds portfolio, you're giving us an order to buy shares on your behalf in the relevant money market fund for an equivalent value.
How to withdraw money
- Go to 'Treasury' on the main menu
- Select 'Flexible Cash Funds'
- Select 'Withdraw'
- Choose the Flexible Cash Funds portfolio you'd like to withdraw from
- Choose the currency account to send the money to
- Enter the amount
When you withdraw money from a Flexible Cash Funds portfolio, you're giving us an order to sell shares on your behalf in the relevant money market fund for an equivalent value.
It may take up to 2 business days for your sale proceeds to arrive in your chosen currency account, or longer in some exceptional cases described in the fund’s prospectus (available in-app under Flexible Cash Funds ‘Regulatory documents’).
Currency exchange fees
When transferring money in a different currency than the fund’s currency, you’ll have to pay currency exchange fees if you go over your plan's limits. For more, read the 'Ex-ante Costs and Charges Disclosure' in the 'Flexible Cash Funds' section in-app, under 'Regulatory documents'.