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Question

What is the Permanent Dealing Limit?

Answer

The Permanent Dealing Limit is applied to an account at the time of opening.  All new accounts, except ISA and SIPP accounts are initially allocated with a Permanent Dealing Limit of £7,500 providing clients have signed a Direct Debit Instruction for settlement purposes.

Accounts opened after 22 September will no longer have a Permanent Dealing Limit, accounts opened after this date will be trading on cleared cash and unsettled sales proceeds only as per change to ATI / Removal of Dealing Allowance.

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