Abbey Postal ISA

monki_man

I know there a lot of hate towards Abbey Customer Services at the moment but could someone tell me how long does it usually take to transfer a cheque from Bank X to Abbey postal ISA? I think I read ages ago on their forms it would take up to 4 working days but I'm after an answer from someone who actually got this account. I'm waiting for £1500 to go onto my abbey so that I could transfer this isa over to Firstdirect.

Fatboy_NSS

The Postal ISA backlog was resolved at the end of last year. A cheque posted to us should be processed the same day, and funds are available on the 5th working day.

If you apply for the FD ISA now, the cheque will have cleared before the transfer request reaches Abbey.

lipidicman

This reminds me of a line from a film:

'Do you feel lucky, punk?'

Not that I'm calling anyone a punk!

.....and remember that first direct rate will plummet like a stone when the rate reverts

monki_man

should I just get my sister to set up an isa account with FD, she aint gonna run away with it so should be safe. I'm trying to get her to sign up to HSBC and Halifax reg savings.

pinkfluffybabe

I was told on the phone tonight by Abbey Customer Service that there is still a three/four week backlog on applications but that my interest would be backdated.