How do I withdraw money from my account?

There are various methods of withdrawing money from your account, depending on their type. For your security, we complete authentication checks each time you withdraw cash. Keep in mind this could potentially delay when your cash reaches your account.

If you’re making a significant withdrawal and wish to keep your account open, you’ll need to leave a minimum of £100 in the account.

Stocks and share ISA / Dealing account

You can withdraw cash from your AJ Bell Stocks and shares ISA or Dealing account by selecting the account you wish to withdraw cash from and clicking ‘Withdrawals’ from the account menu.

Your money will arrive in your registered bank account within one to three working days. Once money has been taken out of your ISA, it can’t be paid back in if you’ve reached your annual ISA allowance limit for the current tax year.

Lifetime ISA / SIPP

Please keep in mind that there are restrictions on withdrawing from a Lifetime ISA (LISA) or SIPP. This affects how much – and when – you can withdraw. Find out more about:

• Withdrawing money from your Lifetime ISA
• Withdrawing money from your SIPP

Ready-made pension

You can’t withdraw directly from a Ready-made pension. Instead, you’ll need to transfer it to a pension (e.g. an AJ Bell SIPP) that has an option to access at retirement.

Cash savings hub

If you have a Cash savings hub with us, you can withdraw money from a fixed term account once it has matured, from within your account. You can withdraw money from a notice account after the set notice period. Find out more information on:

• Withdrawing from a Cash savings notice account
• Withdrawing from a Cash savings fixed term account

Why can’t I withdraw my 'available cash'?

'Available cash' in your SIPP, ISA or Dealing account is the cash in your account you can use to invest. This can differ from the cash in your account that you're able to withdraw. If you’ve recently sold investments, you can’t withdraw the proceeds until after the settlement day stated on your contract note. For this reason, the ‘available cash’ shown in your portfolio may differ from the amount actually available to withdraw.

As a rule, you can withdraw the total of the cleared cash in your account minus any money earmarked for pending share or fund purchases and limit orders. Money you’ve recently paid into your account may not be available straight away, taking up to five days to clear.

Can I set up a regular withdrawal for my Stocks and shares ISA or Dealing account?

You can withdraw money monthly, quarterly, every six months or annually. Just complete a regular cash withdrawal form and return it to us.