Minimum investment amount £10000
The IDAD Société Générale Memory Knock Out Deposit Plan – October 2026 is a 5 year 1 week Deposit Plan linked to the performance of the the Underlying Stocks, Lloyds Banking Group PLC, Anglo American PLC and AstraZeneca PLC. The Deposit Plan is constructed to offer a potential return of 0.835% for every month the plan has been running (10.02% p.a.).
Important: The closing date for applications by cheque is 21 October 2026 and by bank transfer is 23 October 2026.
The closing date for ISA transfer applications is 09 October 2026.
Product Literature And Forms
You should always read the relevant plan brochure and any other plan documentation, for full details of the plan’s features, including any risks, and the terms and conditions. In addition to the plan brochure and terms and conditions, there are other important documents, including a Key Information Document (‘KID’), that you should consider before deciding to invest in the plan.
If you do not fully understand the risks or are unsure as to the suitability of the investment, please contact us
How To Invest?
Applications for the Plan must be submitted via Best Price Financial Services and received by 5pm on 23 October 2026 for bank transfer applications.
The closing date for applications by cheque is 21 October 2026
The closing date for ISA transfer applications is 09 October 2026.
This will enable us to process your application and forward it on to the structured product provider.
1. Firstly, print off and complete our Appropriate Assessment Questionnaire. All applications require two proofs of identity – see the questionnaire for more information.
2. Next download, print and complete the application form available. Note that product applications will have multiple documents, so please choose the one relevant to you.
3.Place all completed documents – questionnaire, proofs of identity, application form and cheques for payment – in an envelope and post to:
Best Price Financial Services,
The Tythe Barn, 5 Eglwys Nunnydd,
Margam, Neath Port Talbot
SA13 2PS
Further Information
The IDAD Société Générale Memory Knock Out Deposit Plan – October 2026 is a 5 year 1 week Deposit Plan linked to the performance of the the Underlying Stocks, Lloyds Banking Group PLC, Anglo American PLC and AstraZeneca PLC. The Deposit Plan is constructed to offer a potential return of 0.835% for every month the plan has been running (10.02% p.a.).
This Deposit allows investors to earn a return even in falling markets. Beginning in Year 2, each observation date checks whether the Underlying Stock is at or above its Knock-Out threshold. Any Underlying meeting this condition is knocked out under the Plan’s memory feature. When all Underlyings have been knocked out, the Plan matures early and pays 0.835% per month for the full period the Plan has been in force. If early maturity does not occur, the Plan returns capital in full at the Maturity Date.
The investment is linked to the Lloyds Banking Group PLC, Anglo American PLC and AstraZeneca PLC (see page 9 for full details) and investors will benefit from rising or even falling market conditions
Potential Return: If on any monthly observation date, starting from year 2, the Underlying Stocks are at or above the Knock-Out Trigger, the Underlying will ‘Knock-Out’. Once all Underlyings have been Knocked-Out the investment will Autocall and pay 0.835% for every month the plan has been running (10.02% p.a.).
The initial investment into the Plan, minus any initial adviser fee, will be returned in full at maturity.
Capital Protection: Your Initial Capital will be returned in full at maturity regardless of the performance of the Underlying Stocks, subject to Deposit Taker risk.
Société Générale: Societe Generale SA attracts deposits and offers commercial, retail, investment, and private banking services The Bank offers consumer credit, vehicle lease financing, information technology equipment leasing, life and non life insurance, custodian services, trade and project financing, currency exchange, treasury services, and financial and commodities futures brokerage services.
Considerations when selecting the deposit taker / issuer: Fitch, Moody’s and Standard & Poor’s are the main three independent credit ratings agencies that research and grade the ability of financial and other institutions to make the payments due from the Deposit / Plan issued and / or guaranteed by them. Each rating agency describes and names its ratings in a different way. For example, Standard & Poor’s highest possible rating is AAA, followed by AA and A. These three ratings along with their BBB rating are generally regarded as investment grade (i.e. of higher quality). All of these ratings, except the AAA rating, can also be modified by a plus or a minus to give a deposit taker’s / Issuers relative status within the grade; for example, A+, A, A- for the A rating.
Société Générale have ratings from each of these three agencies as follows:
*S&P’s A / Moody’s A1 / Fitch A+ (*Source Bloomberg and Plan Termsheet).
What Are The Risks Of The Plan?
As with all forms of investment there are risks involved.
You must be prepared to leave your deposit invested for the full fixed term otherwise you may get back less than you put in
A standard cash deposit account will repay your deposit in full, regardless of when you withdraw. Structured deposits are different because their value during the fixed term depends on many factors including interest rates, the creditworthiness of the deposit-taker and any ups and downs in the value of the underlying asset or index to which the return is linked. You will get your money back plus the potential returns if you hold your deposit until maturity, but the amount you would get back if you needed to withdraw early may vary significantly and some structured deposit providers may also charge an exit fee for early withdrawal.
There is a risk that you will receive no return on your deposit
For example, if you are promised a return linked to how the stock market performs, and it falls during the fixed term, then your return could be zero (assuming there is no minimum return) so you will just get back your deposit. You must be comfortable that this is a risk you are willing to take, and that receiving no return at all would not cause you financial difficulties. You should also understand how returns are calculated over the period of the product and whether this is based on specific points in time or averaged over the whole term of the deposit.
Inflation could erode the value of your deposit
Inflation is the rise in the price of goods and services over time. It means that your money will be able to buy less in the future than it does today. If you were to put money in a structured deposit and there was high inflation over the fixed term, your deposit at the end of the term would be worth less than it was at the start of the term. Of course, this risk also applies to any savings or investment product that is not inflation-linked.
There are limits on how much you can claim under the Financial Services Compensation Scheme
Structured deposit plans are deposit-based and will usually be fully protected from stock market risk at the end date and benefit from the protection of the Financial Services Compensation Scheme, if the counterparty is a licensed UK deposit taker. The Financial Services Compensation Scheme (FSCS) is the UK’s deposit guarantee scheme. This provides for compensation of up to £120,000 per UK-eligible individual claimant per institution in the event of failure of the counterparty bank or institution for the aggregated amount of all eligible deposits held with them. Please refer to the individual plan brochure for details.
