Manage your clients’ investment
portfolios more effectively

How does it work?

The Cofunds Cash Account is not a product in its own right – it is a service that allows investors to transfer money conveniently, at a time suitable to them.

The Cash Account is set up in the name(s) of the investor(s) and if applicable, will carry the same designation. The Cash Account can then be used to fund future payments into these investments. One investor may therefore be linked to several Cash Accounts, as they may be part of separate investments that have different holders, or, carry different designations.

Each separate Cash Account has a unique “Account Reference”, which will assist your clients identify between their Cash Accounts.

You and your clients can obtain a full view of the Cash Account balance and transactions via the following:

Online
Client statements
e-Data files.

How do I open a Cofunds Cash Account for my clients?

You and your clients will need to complete the Cofunds Cash Account Application form available to registered intermediaries on our secure extranet.

Setting up a regular withdrawal plan for your clients

For clients with a balance of over £100,000 the Cofunds Cash Account has a regular withdrawal facility that gives your clients the stability of a fixed income.

All details pertaining to your client’s regular withdrawal request must be sent to Cofunds via the Cash Account Withdrawal Instruction form available when you log in.

Full details of Regular withdrawals and the Cofunds Cash Account can be found in our Regular withdrawals and the Cofunds Cash Account PDF guide here.

You can also call our dedicated intermediary sales team on 0845 604 4001* to learn more about the Cofunds Cash Account Service.

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