What is the exit fee, and how is it calculated?

An exit fee applies when you sell your wine, or if you move a wine out of WineCap storage within three years of purchase.

When you sell, a one-off charge of 3% (including VAT) applies against net proceeds.

An exit fee applies if you move your wine out of storage in less than three years post-purchase, equal to the management fees remaining for the rest of the three-year period.

If the wine has been held in your account for three years or more, there will be no exit fee.