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Is it possible to transfer 2 ISAs in one tax year?
The_Green_Giant
Posts: 2 Newbie
I've opened a new ISA today with Natwest. I deposited £3600 and filled out a transfer form to transfer funds from the Leeds Building Society. I also have an old TESSA only ISA which is now called an ISA from the Melton Mowbray. Is is allowed to also transfer from both the Leeds and the Melton into the Natwest during this tax year?
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Comments
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Yes, transfers aren't tax-year dependent.0
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Okay thanks. Another question: Both of my old ISAs have an previous address on the accounts. Would this cause any problems with the transfer?0
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It shouldn't, identity checks will have been carried out when the Natwest ISA was opened.0
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The_Green_Giant wrote: »Okay thanks. Another question: Both of my old ISAs have an previous address on the accounts. Would this cause any problems with the transfer?
Can the providers of the old ISAs still contact you at the previous address? If not, you should tell them your current address so that they can send you closing statements. When did you move? Have you missed any annual statements? (Or were they online operation only?)0
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