How dividend/interest payments are handled
Your payout destination isn’t chosen at the moment the dividend or coupon is paid. It’s set when you place the order for the instrument and stays in force until you change it. You can update this setting at any time, and the change will apply to future payments.
Where the money goes
You can choose to have payments kept in your Moneybase account or sent to a bank account. To change this, open your portfolio, select the instrument, scroll to “Interest option”, and choose Bank transfer or On account. You can also adjust whether Moneybase should deduct withholding tax on interest payments in the same area.
Using the funds
Amounts paid into your Moneybase account appear as cash and can be used for trading or everyday spending with your Moneybase card.
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