BullDog wrote:Thanks. Does the paid dividend land in a UK account in dollars or in sterling? If the latter, I might be tempted to buy a few Woodside shares.
AIUI....
If held in an ISA...dividend will/must be in Sterling.
If held in a taxable account it can be received in $ and held in $ if the platform 'supports' other currencies. I know Interactive
Broker supported dollars and euros and my account reported the amounts of each in my account along with the Sterling balance.
Interactive
Investor also supports multi-currencies ( nine)
https://www.ii.co.uk/investing-with-ii/ ... n-exchange"You can also keep any money you get from selling international shares in their original currency. That means you don’t have to do a currency conversion after every transaction."
( and the text confirms the HMRC not allowing non Sterling in an ISA).
Not sure about iWeb!!
Edit
AJ Bell....only Sterling by the look of it!
"No, you’re only able to hold sterling in your account, not foreign currency. When you deal in international markets or receive dividends or interest from international investments, we’ll convert the local currency to sterling"
https://www.ajbell.co.uk/faq/can-i-hold ... my-account