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Quick question about isa's (transfering money)

dean_ham
Posts: 277 Forumite
Sorry for the newbie isa question, just need a quick simple answer to a simple question i cant find the answer for.
Say i save £3000 this tax year, and another £3000 after april 06 2005, and i transfer the money from that company in october to a better rate, can i transfer the whole £6000 to the NEW company or can you only transfer the £3000.
Stupid question i know but ive signed up to the first direct isa, and it mentioned under the transfering money that the maximum you can transfer to the isa was £3000.
Help this ISA newbie out!
Thanks
Say i save £3000 this tax year, and another £3000 after april 06 2005, and i transfer the money from that company in october to a better rate, can i transfer the whole £6000 to the NEW company or can you only transfer the £3000.
Stupid question i know but ive signed up to the first direct isa, and it mentioned under the transfering money that the maximum you can transfer to the isa was £3000.
Help this ISA newbie out!

Thanks
0
Comments
-
Whole £6k
UNLESS the company you are transfering to has set a limit on how much they will accept ... Most don't set a limit.0 -
thank you,0
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