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Brokers paying ETF / Fund dividends in USD to UK accounts

Posted: August 17th, 2020, 11:07 am
by floyd3592
Does anyone know of a broker who will facilitate buying of US ETFs / funds for a UK resident with payments being made in USD to a non-US bank account?

I currently use HSBC’s International Sharedealing service to buy US stocks with dividends being paid into my USD account with them. However they are restrictive in both the stocks u can invest with them and the total absence of ETFs / funds for purchase.

Re: Brokers paying ETF / Fund dividends in USD to UK accounts

Posted: August 18th, 2020, 9:24 am
by telemark15
US ETFs and US funds can not be sold to UK residents any more unless you are classified as a professional investor!

Re: Brokers paying ETF / Fund dividends in USD to UK accounts

Posted: August 18th, 2020, 12:55 pm
by floyd3592
telemark15 wrote:US ETFs and US funds can not be sold to UK residents any more unless you are classified as a professional investor!


Ahh right, many thanks for the info.

Regards
Floyd