Transferring ISAs

Lokolo

MaxHeadroom wrote: »

I recently transferred my ISA from NatWest (my bonus interest finished) to First Direct. NatWest paid my interest up to 24th December and closed the account.

I rang First Direct on 2nd January because my ISA had gone into Limbo. I was told that they received it from NatWest on 31st December but because of the holiday period it could not be allocated to the account and to check again in a few days.

My new First Direct ISA is now showing funds allocated from NatWest on 5th January.:mad:

OK why are you angry? Thats not exactly a long transfer.... 2 weeks over Christmas period is pretty good going.

MaxHeadroom_2

Lokolo wrote: »

OK why are you angry? Thats not exactly a long transfer.... 2 weeks over Christmas period is pretty good going.

I am not angry, but confused (I'm not up to task with these icons, used the wrong one I guess).

After being told by First Direct that they had received my money on 31st December, I would have expected the account to be backdated to that date. (Forgot to mention that I applied for the account on 30th November).

Lokolo

MaxHeadroom wrote: »

I am not angry, but confused (I'm not up to task with these icons, used the wrong one I guess).

After being told by First Direct that they had received my money on 31st December, I would have expected the account to be backdated to that date. (Forgot to mention that I applied for the account on 30th November).

<--- confused
:mad: <-- angry
:mad::mad::mad: <--- trigger happy angry angry angry

hehe.

Anyway, you should ask them to backkdate it, but losing 5 days interest is very little so I would just be annoyed at them and leave it at that. And move your money as soon as you can (when something better comes along)