What happens if payments to the Child Trust Fund Account exceed the annual subscription limit?

The annual Child Trust Fund limit is currently £9,000 per annum. If any overpayments are made, they go into a feeder account which stores the excess money. The feeder account can be viewed via the cash balance screen when logged into the Child Trust Fund Account.

At the child’s next birthday, the money will automatically transfer into the cash balance of the Child Trust Fund account, for the new year's allowance. 

- Submitted on 5th Apr 2020

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