encashment

Growth is free from capital gains tax within the fund and on encashment.

In the ordinary course of banking the victim gets the cheque back but after encashment.

It also depends on both the place of issue and the place of encashment.

The issue or encashment of travellers' cheques is exempt.

There are bank charges of 1% for cheque encashment.

Early encashment values are not guaranteed and may result in the amount received being less than the original investment (please refer to the table below).

Insist on Encashment certificate while exchanging money.

The amount of each encashment will depend upon your age at that time and the amount of life assurance.

The profit the investors/ shareholders make on eventual encashment looks like a capital gain but, by statute, is not taxed as such.

Back in 1948 it offered "the encashment of travellers cheques and letters of credit".

A book of 10 postcheques costs £6 with a 1% commission on encashment.

Unit prices are published on a regular basis and the encashment value of the policy is the current value of the units.

They should not be returned to HM Revenue and Customs for encashment.

Both direct encashment and the Bulk Cash Withdrawal Scheme offer cost benefits.

The maximum early encashment payment within the first 10 years of your Bond is restricted by law to a return of your contributions.

Remote Cheque Encashment from any online branch.

However, it must be pointed out that there will be an early encashment charge if you do so before you have paid six full years' contributions.

This option will effectively defer any additional income tax payment for higher rate taxpayers until death, partial encashment, full surrender or maturity of the contract.

To achieve fairness between investors of all ages, the modest cost of life assurance is recovered by the encashment of some units.

These include currency exchange, encashment of traveller's cheques and providing cash advances on selected credit/debit cards.

It has a range of group insurance products in forms of credit, life, term and employee liability (gratuity and leave encashment) plans as well.

You may require encashment certificates or a credit-card receipt, and you may also have to show your passport and airline ticket.

Although the Guaranteed Capital Bond is designed for a five year term, early encashment is allowed before the end of the fixed term.

The setting-up costs of a PEP are far less than for an endowment policy, so, investment conditions permitting, early encashment should not prove penal.

Out of these, it has recommended de-allocation of 13 coal blocks and encashment of bank guarantees of 14 allottees.