We will always attempt to withdraw from your cash fund first, and this can take up to four days to reach your account. If there is insufficient cash and we need to sell some investments to make up the difference, this can take anywhere up to two weeks.
Yes of course, you can withdraw your money from Silo at any point. There is no cost to make a withdrawal.
We will send you an email notification one week before the money leaves your account the following Tuesday. Monthly Recurring payments are also shown two weeks before in app, to give you the chance to amend them if you change your mind.
Money can be added in three ways:
You must be able to save a minimum of £25 per month via a Monthly Recurring Silo. There is no maximum.
Please remember that we are an investment company and as is the very nature of investing, there are inherent risks. The value of your investments can both rise and fall over time and you cannot assume that past performance will repeat itself. You must be comfortable in the knowledge that you may receive less than you originally invested. The tax treatment of your investments with Silo will depend entirely on your individual circumstances and may be subject to change, so please do seek advice.
Please remember that we are an investment company and as is the very nature of investing, there are inherent risks. The value of your investments can both rise and fall over time and you cannot assume that past performance will repeat itself. You must be comfortable in the knowledge that you may receive less than you originally invested. The tax treatment of your investments with Silo will depend entirely on your individual circumstances and may be subject to change, so please do seek advice.
Mon to Fri, 8:00 – 17:30
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