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CTF Maturity Selection Form

This service allows you to select what happens to your Pilling & Co Child Trust Fund (CTF).
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    Before you proceed with your request, please read our Turning 18 years old with a Pilling & Co Child Trust Fund (CTF) article, also available on our website, which details the documents you may be required to upload when completing this form.

    To request a payment, you are required to have a recent bank statement downloaded to upload during this process. Please download a bank statement before you start this online form.

    You should also familiarise yourself with our Terms and Conditions and Privacy Policy.

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    We hate spam as much as you, so please verify you are not a robot.
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    We can only start the process of selling the investment held in your CTF and then making payment of the value to you when you are 18. You can complete this form before you are 18 and request the value of your CTF is paid to you, but the process can only begin on your 18th birthday and takes 5-10 working days.
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    Please enter your full name
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    Please enter your contact email address
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    Please note to proceed with your request you need to provide at least one of the numbers requested below. If you do not currently have this information you will need to come back to this service when you do. Your HMRC Unique Reference Number (URN) and Pilling & Co Account Number will be on the statement sent to you just before you turn 18.
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    Please enter your Pilling & Co Account Number
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    Please enter your HMRC Unique Reference Number (URN) or your National Insurance (NI) Number for your CTF without any spaces
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    Unknown Account Information

    Unfortunately, without a way to identify your CTF account we will be unable to proceed.

    Please follow the link to the Government's CTF finder website below in order to find your CTF Unique Refrence Number (URN) number and provider: https://www.gov.uk/child-trust-funds/find-a-child-trust-fund

    If your CTF account is with us please return to this service when you know your HMRC URN or National Insurance (NI) Number and we will be able to proceed.

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    Thank you for providing your information. In order to proceed with a withdrawal, we will need Identification Documents (ID) from you and a recent Bank Statement (dated within the last three months), so that we can pay directly into your bank account. Please let us know below which of these documents you can upload to us. If you can only upload one type of document, we may still be able to pay you by cheque (an additional fee of £6 will be applied). The proof of ID that we can accept using this service are: — Valid Passport — Full or Provisional valid Driving Licence — Birth Certificate with Voting Card — Birth Certificate with a University ID — Letter from HMRC with your URN or National Insurance Number on it
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    We require proof of who you are, which may be: — Valid Passport — Full or Provisional valid Driving Licence — Birth Certificate with Voting Card — Birth Certificate with a University ID — Letter from HMRC with your URN or National Insurance Number on it Please provide ONLY your ID at this stage and not your Bank Statement.
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    Max. file size: 9.5MB
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    Please enter your Bank Account details carefully (Sort Code – six digits; and Account Number – eight digits). They must match the bank statement document you uploaded. The bank account must be in the name of the CTF holder and not a parent or other family member. Please note we can only pay money into a bank account in your name.
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    Max. file size: 9.5MB
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    Please enter your Bank Account details (Sort Code – six digits; and Account Number – eight digits); these must match the document you previously uploaded.
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    Since you cannot provide both Identification and Bank Statement documents together, we may pay you by cheque through the post if you choose to withdraw all or part of the CTF (an additional fee of £6 will be applied). To do this you will need to upload a copy of a document which contains your current address. This could be a letter from HMRC informing you about your CTF, or another form of valid Identification containing your address. Please note the address shown on the document you upload will be the one where your cheque is posted.
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    We require a formal document which contains your current address. This could be: — Letter from HMRC with your NI Number on it — Full or Provisional valid Driving Licence — Birth Certificate with Voting Card — Utility Bill (excluding mobile phone) — HMRC Demand or Benefit Please note the address shown on the document you upload will be the one where your cheque is posted.
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    Max. file size: 9.5MB
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    No Identification Proof

    If you have no identification we are unfortunatly unable to release your CTF to you.

    Any of the following can be accepted as ID:

    — Valid Passport
    — Full or Provisional valid Driving Licence
    — Letter from HMRC with your National Insurance Number on it
    — Utility Bill (excluding mobile phone)
    — HMRC Demand or Benefit

    If you have none of the above you can contact HMRC to send you a letter confirming your National Insurance Number and CTF provider using this external link: https://www.gov.uk/child-trust-funds/find-a-child-trust-fund

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    You may withdraw any amount that is in your CTF. If you wish to have the full amount paid to you please select the first option.
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    Full Withdrawal Information

    You have selected to have the full value of your CTF paid to you.

    Before you withdraw your CTF it is important you read our General Terms & Conditions of Business.

    Important: We take a commission of 1.65% of the total value of the fund, so if your CTF is worth £1000, £16.50 will be taken in charges and you will receive £983.50. The CTF value you may see on your online login or on any statement of your CTF account you've received recently, may be more or less than the amount you actually receive. This is because the market value of your account changes daily, and we do charge a commission. For further details read our Costs and Charges.

    You will receive a Contract Note once you have successfully requested withdrawal of your CTF. You can think of this as a receipt of the sale of your CTF. There will be a settlement date on the Contract Note, however this date is not the day the payment will arrive in your bank. You will receive your payment within 3 working days of the settlement date.

    To continue with your selection, please click Next.

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    Partial Withdrawal Information

    You selected to withdraw a partial amount of the CTF and have the rest remain in a Young Adult ISA (YA ISA) with Pilling & Co.

    To enable us to do this, after you have submitted this form we will be in contact with you to ask the amount you wish to have paid to you and request completion of a Young Adult ISA Form. The YA ISA will remain invested into the same fund that your CTF was invested into, although you are free to change the investment.

    Please note our YA ISA is a stocks and shares product is designed to be invested for medium to long term. If you are seeking an account that you can make small withdrawals frequently this type of account may not be suitable to your needs and will incur charges with each sale/withdrawal. Please see our Costs and Charges.

    Investments in the stock market mean that the value can decrease and you may not get back all that you have invested. Our YA ISA is invested in a Medium Risk fund which includes shares in companies across the world.

    For further information please read about the Baillie Gifford Managed Fund we invest our CTF and YA ISA in. Further details about the fund can be found at the external website: https://www.bailliegifford.com/.

    To continue with your selection click Next.

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    No Withdrawal Information

    You selected to not withdraw any of the CTF, and would like to transfer it all into a Young Adult ISA (YA ISA) with Pilling & Co.

    To enable us to do this, after you have submitted this form, we will be in contact with you to request completion of a Young Adult ISA Form. The YA ISA will remain invested into the same fund that your CTF was invested into, although you are free to change the investment.

    Please note the YA ISA is a stocks and shares product designed to be invested for medium to long term. If you are seeking an account that you can make small withdrawals frequently this type of account may not be suitable to your needs and will incur charges with each sale/withdrawal. Please see our cost & charges

    Investments in the stock market mean that the value can decrease and you may not get back all that you have invested. Our Young Adult ISA is invested in a Medium Risk fund which includes shares in companies across the world.

    To continue with your selection click Next.

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    Great, we are just about there! To confirm your selection and agreement to our Terms & Conditions of Business select below then Submit.
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