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Transfered money from ISA in error

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Comments

  • adambro
    adambro Posts: 243 Forumite
    loaner wrote: »
    No you can open with anything from £1 to £3600, but not until the next f/year. You have 3600 waiting to reinvest don't you, so can use the full amount.


    The concern is that by doing that he'll have missed out on this years allowance and be using next years. I think unfortunately he won't be able to get his money back into this years ISA but that is what would be most desirable.
  • AirlieBird
    AirlieBird Posts: 1,046 Forumite
    I think Abbey ISAs have a 14 day cooling off period. If there is, you will be able to cancel the ISA and be free to open another ISA with Abbey or elsewhere.
    Did you really mean to put loose?
    Lose: no longer possess, not to retain, unable to find
    Loose: not firmly or tightly fixed in place
  • oxenryd
    oxenryd Posts: 478 Forumite
    AirlieBird wrote: »
    I think Abbey ISAs have a 14 day cooling off period. If there is, you will be able to cancel the ISA and be free to open another ISA with Abbey or elsewhere.


    Good idea.......but surely if the OP did that, when Abbey were to close the ISA, they'd have no money to return as the money has already gone. Unless you can get the ISA voided ?
    Originally Posted by Dr Cuckoo3
    Your bank and bank card does say something about the kind of person you are: Big 4 banks=sheep;),Santander=someone who doesnt mind incompetence:p,COOP=Ethical views,a campaigner:cool:,First Direct/Coventry=someone who thinks they are better than others:o,NI Bank card when living on the mainland=Aspergers :D
  • furbix
    furbix Posts: 30 Forumite
    Did the OP get this sorted out?

    I've done a similar thing except with stocks and shares. Transferred to my selftrade isa account and then some how managed to mistakenly transfer from my isa account to my trade account.

    Rang HMRC and they said transactions in error cannot be reversed.
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