Current accounts reward schemes and reciprocal standing orders?
"I don't think it would be counted as income, and if it's a short-term loan it doesn't really matter as the notional interest on the loan would be negligible. But you can avoid any possible complications by just having two accounts in the name of the person trying to get the account benefits, particularly if you're willing to just provide the ""seed"" money to get the loop started."
Based on my research while asking How are unmarketable market orders (other side of the order book is empty) matched with incoming orders? and the one answer there, it seems like there are a few things for certain: All of this of course depends on the exact algorithm specified by the given exchange - I don't think there's a standard here. "There is no ""should"", but I am strongly of the view that if you have savings of several months' salary or more, they should not only be in a separate account, but with a separate financial institution, or even split between two others. A fraction of a percent of extra interest is scant reward for massively increased personal risk.  The reason for this is buried in the T&Cs. There is almost always a ""right of set off"": if one account is overdrawn, the bank reserves the right to take money from your other accounts. Which sounds fair enough, until you consider the imbalance of power. Maybe your salary account gets hacked? Maybe that's the bank's fault? Maybe the bank has made an accounting error? Maybe the bank has gone bust? Maybe you need to employ a lawyer to act on your behalf? Oh dear, you no longer have any savings. (*) This cannot happen if your savings are with a completely separate institution. Then, the only way that the salary account bank can touch your savings is by winning in the courts. If you split the savings two ways, you have also given yourself the reassurance that in the worst case only half your savings have been affected. ""Don't put all your eggs in one basket"" is proverbial. And there's a folk song that's lodged in my memory...  ""As through this world I wander, I've met all kinds of funny men. Some rob you with a six-gun, some with a fountain pen. Yet as far as I have wandered, as far as I have roamed, I've never seen an outlaw drive a family from their home"".  I've never been in this sort of trouble and the UK's laws tend to favour the banks' customers. I don't even hate bankers. Yet even so, why take this risk when it can so easily be reduced? (*) If this sounds far-fetched, read the news, for example https://www.theguardian.com/business/2017/feb/02/hbos-manager-and-other-city-financiers-jailed-over-245m-loans-scam" I wouldn't get too caught up with this. Doesn't sound like this is even stock reconciliation, more ensuring the cash you've received for dividends &amp; other corporate actions agrees to your expected entitlements and if not raising claims etc. Citizens of India who are not residents to India (have NRI status) are not entitled to have ordinary  savings accounts in India. If you have such accounts (e.g. left them behind to support your family while you are abroad), they need to be converted to NRO (NonResident Ordinary) accounts as soon as possible. Your bank will have forms for completion of this process.  Any interest that these accounts earn will be taxable income to you in India, and possibly in the U.K. too, though tax treaties (or Double Taxation Avoidance Agreements) generally allow you to claim credit for taxes paid to other countries. Now, with regard to your question, NRIs are entitled to make deposits into NRO accounts as well as NRE (NonResident External) accounts. The differences are that money deposited into an NRE account, though converted to Indian Rupees, can be converted back very easily to foreign currency if need be. However, the re-conversion is at the exchange rate then in effect, and you may well lose that 10% interest earned because of a change in exchange rate.  Devaluation of the Indian Rupee as occurred several times in the past 70 years.  Once upon a time, it was essentially impossible to take money in an NRO account and convert it to foreign currency, but under the new recently introduced schemes, money in an NRO account can also be converted to foreign currencies, but it needs certification by a CA, and various forms to be filled out, and thus is more hassle. interest earned by the money in an NRE account is not taxable income in India, but is taxable income in the U.K. There is no taxable event (neither in U.K. nor in India) when you change an ordinary savings account held in India into an NRO account, or when you deposit money from abroad into an NRE or NRO account in an Indian bank. What is taxable is the interest that you receive from the Indian bank. In the case of an NRO account, what is deposited into your NRO account is the interest earned less the (Indian) income tax (usually 20%) deducted at the source (TDS) and sent to the Income Tax Authority on your behalf. In the case of an NRE account, the full amount of interest earned is deposited into the NRE account -- no TDS whatsoever.  It is your responsibility to declare these amounts to the U.K. income tax authority (HM Revenue?) and pay any taxes due. Finally, you say that you recently moved to the U.K. for a job. If this is a temporary job and you might be back in India very soon, all the above might not be applicable to you since you would not be classified as an NRI at all. "I'm not personally familiar with this, but I had a look at the Companies House guidance. Unfortunately, it seems you've done things in the wrong order. You should have first got the funds out, distributed them to yourself as a dividend or salary, and then closed the account, and then wound up the company. Legally speaking, the remaining funds now belong to the government (""bona vacantia""). It's possible you could apply to have the company restored, but I think that might be difficult; I don't think the administrative restoration procedure applies in your situation. Given the amount involved, I'd suggest just forgetting about it." "I use the (gratis, libre) command-line program ledger for my personal accounts.  It handles funds across accounts gracefully, through a feature called ""Virtual Accounts"".  A transaction can add or subtract money from a virtual account, which need not balance with all the other entries in the transaction.  Then it's just a matter of setting up reports to include or exclude these accounts." "You don't. No one uses vanilla double entry accounting software for ""Held-For-Trading Security"".  Your broker or trading software is responsible for providing month-end statement of changes.  You use ""Mark To Market"" valuation at the end of each month.  For example, if your cash position is -$5000 and stock position is +$10000, all you do is write-up/down the account value to $5000.  There should be no sub-accounts for your ""Investment"" account in GNUCash.  So at the end of the month, there would be the following entries:" Without knowing the company it’s hard to say 100%, but any regulated company in Europe or one floated on a major stock exchange will not renege on paying winnings/ban accounts for no reason. You will have either breached a term of service such as opening multiple accounts (or opening accounts while self excluded/on time out), or exhibited a behaviour that is heavily linked to fraud/other fraudulent accounts. If you are using any UK regulated site/Europe site floated in London, and you believe you are in the right and have not broken any terms and conditions, IBAS is the place to start, and to mention to the company that you are going to IBAS before you do start a case (this is often enough to turn a decision in your favour if it is a marginal case, as it is a large amount of hassle for an operator to become involved with them). If you are using an unregulated site you are out with the wolves and basically any behaviour from them is to be expected and there is very little you can do about it. You have two different operations going on: They each have of a set of rules regarding amounts, timelines, taxes, and penalties. The excess money can't be recharacterized except during a specific window of time.  I would see a tax professional to work through all the details. This depends on the stock exchange in question. Generally if you modify an existing order [including GTC], these are internally treated as Cancel/Replace Orders. Depending on the action, you may lose the time priority position and a new position would get assigned. More here. (f) Cancel/Replace Orders. Depending on how a quote or order is   modified, the quote or order may change priority position as follows: (1) If the price is changed, the changed side loses position and is   placed in a priority position behind all orders of the same type   (i.e., customer or non-customer) at the same price. (2) If one side's quantity is changed, the unchanged side retains its   priority position. (3) If the quantity of one side is decreased, that side retains its   priority position. (4) If the quantity of one side is increased, that side loses its   priority position and is placed behind all orders of the same type at   the same price. You seem to think that the term “held”is used correctly. There lies your logical fallacy.   I made no such assumption. In my question I test both the use of the term “US economy” AND the term “held”.   It is obvious you can’t “hold” income but if you want to get down to technicalities, both asset and income/expenses are types of accounts while the notion of “trust” is a legal construct to limit the rights of external creditors. "In a way yes but I doubt you'd want that. A ""Stop-Limit"" order has both stop and limit components to it but I doubt this gives you what you want. In your example, if the stock falls to $1/share then the limit order of $3/share would be triggered but this isn't quite what I'd think you'd want to see. I'd suggest considering having 2 orders: A stop order to limit losses and a limit order to sell that are separate rather than fusing them together that likely isn't going to work." No you can't, as you would have to have a different order for each security. Usually the bigger the order the more the brokerage you would also pay. I don't still have an account there, but ING Direct used to do that for you. They would set it so money would be freed up every 6 months but after a while you would have like 5-year ones to maximize returns. It is the first time I encounter redemption programme and I would like to know what are my options here You can hold on to the shares and automatically receive 2.25 SEK per share some time after 31-May; depending on how fast the company and its bank process the payouts. Alternatively you can trade in the said window for whatever the market is offering. how is this different from paying the dividend? I don't know much about Sweden laws. Structuring this way may be tax beneficial. The other benefit in in company's books the shareholders capital is reduced. can I trade these redemption shares during these 2 weeks in May? What is the point of trading them if they have fixed price? Yes you can. If you need money sooner ... generally the price will be discounted by few cents to cover the interest for the balance days.