# 16. Fees and Charges

1. A monthly platform fee is charged for the use of the services provided to you by Vault at the rate of 0.7 percent per annum for Priority Accounts and 0.4 percent per annum for Private Accounts. For new accounts opened on or after January 1, 2025, the fees and charges for our services are outlined in ‎Schedule 1 (Scope of Services and Fee Structure) and Vault may amend the fees or structure in its sole discretion with 60 days prior notice of the changes. Unless agreed otherwise, all fees are due within thirty (30) days of receiving our invoice. These fees are exclusive of any VAT or other similar taxes, which if payable will be payable by you.
2. Any sums due to Vault or to any other person in respect of fees or otherwise pursuant to this Agreement (including any applicable VAT) may be withdrawn from the Broker Account and you authorize Broker to make payment of fees to Vault. Further, we may deduct your Broker Account with the full amount of any fees payable by you, or any other monies owed by you to us pursuant to any liability of any nature arising in respect of the Broker Account or otherwise. For this purpose, we may withdraw and collect uninvested cash in your Broker Account and/or sell your assets and collect the proceeds from such sale for such purpose.


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