aju
Member of DD Central
Posts: 3,500
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Post by aju on Jan 3, 2020 15:35:21 GMT
I've started reduce my Tax exposure from Zopa Invest and recently have turned off returned money moving to ISA side. So at the moment all returned Invest money is moving back into holding - probably £100-150 a month until it's done apart from the active defaults of course.
So is there a way to set Zopa to feed money back from holding every 28 days or so or do I still have to come in and grab the money and send it to feeder bank manually.
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Post by mattygroves on Jan 3, 2020 16:54:12 GMT
I’ve been slowly withdrawing funds for a couple of years and had to do it manually. I log on and withdraw the day after most of the repayments hit my account.
long winded but only takes a few minutes each month.
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aju
Member of DD Central
Posts: 3,500
Likes: 924
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Post by aju on Jan 3, 2020 18:14:12 GMT
I’ve been slowly withdrawing funds for a couple of years and had to do it manually. I log on and withdraw the day after most of the repayments hit my account. long winded but only takes a few minutes each month. Yeah I had thought it probably would be down to this. I usually read my emails and check my investments, well the ones I want to lend out on, at the same time. Most days it only takes a few minutes as you say. I have to check 4 accounts on RS and 4 on Zopa but its still relatively quick most days. I'll check my data files that map daily churns over the last few years and see which days will have the greatest payment amounts. Quite a lot of loans seem to close out early too which will increase the funds coming in in any month. There's always the Zopa Graph of days and levels of money returned but I find that is not the whole picture
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Post by stevexxx on Jan 7, 2020 19:29:11 GMT
I'm pulling out around £600 a month at the moment, its not a problem logging in twice a month to do the transfer thing though some automation would be a nice feature.. ...
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