Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. Your parents will have chosen a fund or this may have been allocated on your behalf. The amount requested must be within the daily withdrawal limit for your debit card We must have your correct mobile number in our records There is a maximum limit of 2 Get Cash withdrawals per 24 hours Get Cash limits apply for this service which is a maximum withdrawal limit of 130 every 24 hours Get Cash is available on Android and iPhone Assuming the CTF provider has the correct contact details for the saver, at 18, you will be contacted. We're the UKs largest Child Trust Fund provider looking after 1.7 million child savings accounts and over 7 billion funds under management. When your child is 16 Once your child turns 16, they can either: take over the account by contacting the Child Trust Fund provider leave you in charge of the account Previous Find a Child. Head to our How to trace a lost CTF page to see if we look after your Child Trust Fund. Any income and gains on the account are exempt from UK income tax and UK capital gains tax. Tens of millions of pounds belonging to around 80,000 young people without capacity to make financial decisions could be locked in trust funds, a report suggests. I tried to phone them but after being on hold for almost an hour I just gave up, does anyone know how to transfer it. When the bank account is verified the encashment will be processed. The #1 subreddit for Brits and non-Brits to ask questions about life and culture in the United Kingdom. Purchases made in the period 0. withdrawal made in the period (873.93) total income generated in the period 13.57. If your child wishes to take over the account at 16, they need to contact their CTF provider who will advise them on what they need to do.

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