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    • Saver123456789
    • By Saver123456789 11th Jun 17, 11:18 PM
    • 2Posts
    • 0Thanks
    Transfer Halifax HISA to new Skipton LISA
    • #1
    • 11th Jun 17, 11:18 PM
    Transfer Halifax HISA to new Skipton LISA 11th Jun 17 at 11:18 PM

    I have just opened a new Skipton LISA and want to transfer my existing Halifax HISA into this. The Skipton ISA transfer form asks the following question: 'I instruct my existing provider to wait until the notice period has expired or following the maturity before the transfer takes place. If No, please check with your existing provider regarding the terms and conditions of your account as charges /loss of interest may occur'. I have to answer yes or no to this question.

    I will speak to Halifax however does anyone know if there are any kind of penalties with Halifax for transferring the funds out before a certain time? I personally didn't think there was so would I answer 'no' to the above question on the transfer form?

    I appreciate your help in advance and thank you for reading.
Page 1
    • eskbanker
    • By eskbanker 12th Jun 17, 12:59 AM
    • 6,264 Posts
    • 6,337 Thanks
    • #2
    • 12th Jun 17, 12:59 AM
    • #2
    • 12th Jun 17, 12:59 AM
    That wording is intended for those transferring fixed-term ISAs, so if your Halifax HTB ISA is an instant access one then you can answer 'no'.
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