Freetrade dividend payments late always

[NeilB]

It was my post. See below.

Sauce - Had a decent conversation with the head of ops who’s department this is.

Megathread - Dividend Fest

Hey @WayneSoton your dividend money goes into the nominee holding company, this means all dividends will come in a few tranches not all arriving at the same time due to bank clearing. Once they have all the money they’re expecting they can then distribute it. Some of this is automated and some not. For clarity FT never have your money in ‘their account’ they’re not allowed. All client funds are ringfenced to stop them paying wages or rent with your money. They simply cannot earn interest on it …