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hsbc isa delay

anyone else having an issue?

i'm still waiting on them to transfer money in from previous tax year, despite asking on the 1st april, and calling again last night and being assured that it would "go overnight" and that i wouldnt lose this years allowance. But its still not been done!

whats going on?

Comments

  • LucyTheDwarf
    LucyTheDwarf Posts: 880 Forumite
    Transfers can take a couple of weeks normally. They don't affect this year's allowance - you're moving a previous year's ISA, unless you have withdrawn the funds from a previous ISA and paid them into a new ISA?
    Target Cash Net Worth: £25K by January 2012
    Progress
    May-08
    19.0%; May-09 40.0%; May-10 63.0%; May-11 58.4%; Jun-11 58.5%; Jul-11 58.9%; Aug-11 58.7%; Sep-11 59.0%
  • Lokolo_2
    Lokolo_2 Posts: 1,016 Forumite
    Part of the Furniture 500 Posts Name Dropper
    I would say, give them a break! You asked on a Friday, so bare in mind that the weekend is not banking days, so today is only Wednesday, you've only given them 3 full days so far to carry out the transfer.

    Also bare in mind that this is the busiest time of the ISA year when everyone is subscribing their 2011/12 ISA allowance, so they may be overwhelmed with applications. ;)
  • newfoundglory
    newfoundglory Posts: 1,912 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 6 April 2011 at 10:24PM
    maybe i'm not making myself clear... i asked them to transfer money from my savings account to my isa so I could use my allowance for the 2010/11 tax year. but its not been done. hence, i'm concerned i've lost my 2010/11 allowance, unless it can be backdated of course?
This discussion has been closed.
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