Follow this guide to learn how you can make a personal contribution to your SIPP by bank transfer.
You can make a personal contribution to your SIPP by bank transfer. To do this, please download, complete and return an ii SIPP contribution form by secure message.
The easiest way to add money to your SIPP is with an instant bank payment. But you can also add cash by debit card or by monthly direct debit.
Step 1 - Download an ii SIPP contribution form.
You can type directly into the text boxes. Alternatively, you can print the form and fill it in by hand.
Step 2 - Complete Section 1 by entering your SIPP account details.
Also, confirm if you’re subject to the Money Purchase Annual Allowance (MPAA) and the date it was triggered if applicable.
Step 3 - Complete Section 3 by completing the Single contributions
Tick Net to make a personal net contribution
We will claim the basic rate of tax relief (20%) from HMRC. We process tax relief in monthly cycles (6th–5th). It usually takes 6-11 weeks to receive the tax reclaim from HMRC and it is paid on or around the 25th of the month.
Tick Gross to make a gross personal contribution (ii will not claim tax relief on your behalf).
Step 4 - Enter your account holder’s declaration in Section 5.
Click on the links below to find out more about:
Step 5 - Please make your contribution by bank transfer to the following account details:
You will need to complete a separate form for each one-off contribution.
Step 6 - Send your completed form to us.
The quickest and easiest way to send your form to us is by secure message in your online account.
Alternatively, you can return it by post to: Pensions Team, interactive investor, 4th Floor, 3 South Brook Street, Leeds LS10 1FT.