Transfer to natwest e-ISA

PotatoPotato

AntiLochus wrote: »

^^^^

Me too - still waiting for the transfer to be actioned....sent the form off at the beginning of April

Hey AntiLochus, has your transfer been completed?
I'm still waiting since i posted the letter on 6th......

bagsacash

Same here - still waiting after post on the 15 April. Not heard anything from them with regards to the tranfer

Maybe the member of staff, he/she, that deals with the ISA section has gone on holiday

PotatoPotato

bagsacash wrote: »

Same here - still waiting after post on the 15 April. Not heard anything from them with regards to the tranfer

Maybe the member of staff, he/she, that deals with the ISA section has gone on holiday

s/he's gone on holiday with our cash :O

I think its ok that i'm not the only one.... Just wondering if we phone up, what can we use as reference? o.O

I only got an ISA account number.. i cant think of anything else that i can use for them to refer to, as i only posted the transfer form by post. :think:

^!£$&

well i can trump you i applied to transfer my isa on 26th march still not been processed!!

Kavanne

snowbrow wrote: »

well i can trump you i applied to transfer my isa on 26th march still not been processed!!

And have you called to log a complaint? They will chase it up for you.

^!£$&

Yes there getting back to me apparently!!

Kavanne

snowbrow wrote: »

Yes there getting back to me apparently!!

They will do, you should get a letter in a couple of days to confirm they are investigating. But they have quite a large backlog of transfers at the moment (so they tell me) so it can take a while to locate your transfer.

bagsacash

Maybe he/she is of polish origin and Natwest have sent him/her on a 'speak better english' course so as to improve the processing of ISA tranfer applications.

redlol03

Baldur wrote: »

Transfers do not affect your annual Cash ISA allowance. The full balance of the old account can be transferred and up to £3,600 can be added (or paid into a different Cash ISA) in each tax year.

Does that mean I can open an ISA with £3600, then open another one and transfer the first, thus having £7200 in it in the same year?

beingjdc

redlol03 wrote: »

Does that mean I can open an ISA with £3600, then open another one and transfer the first, thus having £7200 in it in the same year?

No, because the first one wouldn't be an 'old account', it would have subscriptions in it for this tax year, so you'd be opening two accounts with new money, which is against the rules.