Once we have set up your Direct Debit, the date of your first payment will depend on whether you’ve opted in to Intelligent Silos, or just Monthly Recurring payments.
Monthly Recurring payments are only ever collected on the first Tuesday of every month, whereas both Intelligent Silos and Boosts are collected every Tuesday, subject to a £2 minimum. Any money we receive will then be invested the following Tuesday.
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.
© 2021 Killik & Co. Silo is a trading name of Killik Intelligent Savings Limited, licensed to Killik & Co LLP. All rights reserved. Killik & Co LLP is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales No OC325132 Part of the Killik & Co Group. 46 Grosvenor Street, London W1k 3HN
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