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  #201  
Old 15.09.2021, 12:47
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Re: Question regarding Fundsmith

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For UK account holders you need to re register online.

Leave out the Postcode & it should work!
You saved me a phone call too, thanks!
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  #202  
Old 15.09.2021, 12:50
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Re: Question regarding Fundsmith

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Especially for an amount over 10,000. Why they could not do a Bank transfer as Fundsmith would do beats me.

Cheques are still important in Malta where a stamp costs 30c & a the Bank charges 1 euro for an internet transfer below 1,000 & 4 euro above.
In France daily transfer limits are very low 3k a day, 6k a week with most Banks although HSBC will do 10k a day 20k a week.
my dad has been writing cheques because he locked himself out of his online account and can't figure out how to reset it.

the dad of a friend of mine doesn't trust the internet, so everytime he needs to make some online payment, he writes cheque to his wife who then pays it from her account! 😂
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  #203  
Old 15.09.2021, 12:56
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Re: Question regarding Fundsmith

Fundsmith sent me a cheque in the Post for my inc shares. That would have been a real pain if it was over 500 (in which case my bank app wouldn't accept it).
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  #204  
Old 15.09.2021, 13:09
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Re: Question regarding Fundsmith

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Fundsmith sent me a cheque in the Post for my inc shares. That would have been a real pain if it was over 500 (in which case my bank app wouldn't accept it).
If they have Banking info they would do a transfer, it's the same with all providers.

Net yield is 0.2% so you would need an investment of over 300,000 for the check to be over 500, as there are 2 dividend payments a year.
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Old 15.09.2021, 13:14
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Re: Question regarding Fundsmith

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Especially for an amount over 10,000. Why they could not do a Bank transfer as Fundsmith would do beats me.

Cheques are still important in Malta where a stamp costs 30c & a the Bank charges 1 euro for an internet transfer below 1,000 & 4 euro above.
In France daily transfer limits are very low 3k a day, 6k a week with most Banks although HSBC will do 10k a day 20k a week.
You can pay by debit card even. Takes about 2 minutes.
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  #206  
Old 15.09.2021, 13:16
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Re: Question regarding Fundsmith

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If they have Banking info they would do a transfer, it's the same with all providers.

Net yield is 0.2% so you would need an investment of over 300,000 for the check to be over 500, as there are 2 dividend payments a year.
Got about 120K, but some is in Acc so im a way off.
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  #207  
Old 15.09.2021, 13:38
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Re: Question regarding Fundsmith

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You can pay by debit card even. Takes about 2 minutes.
Indeed, even my Natwest Debit card will do 49,999.99 per transaction, it used to do 80,000 so I guess something changed.
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  #208  
Old 02.10.2021, 12:43
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Re: Question regarding Fundsmith

Terry Smith: Why some CEOs are better investors than most fund managers

https://www.trustnet.com/news/132756...-fund-managers
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