National Counties Building Society 3.7%

10_66

hermante wrote: »

...Has anyone found out how the notice period will work?
Do you need to start a transfer process to a named ISA and wait 99 days for it to go through (which will fail if the new ISA is withdrawn by then), or do you just tell them 99 days in advance and then initiate the transfer closer to the time (and hope there will be a good deal on, or cancel the notice)?

Haven't a clue, but it'd be worth finding out. I'm afraid I just haven't got any more energy left right now to ask anyone anything . I'm guessing that you'd just have to make an application with your the new provider stating the notice period required and then wait. If the product is withdrawn before then, I guess you'd just have to either cancel the notice or find something else you wanted to transfer to.

New_York_No1_fan

dsm52 wrote: »

NCBS have confirmed to me today that it is possible to pay in 2012/2013 allowance into this ISA :T:
You can either send in a cheque with a covering note confirming what you wish to do, you can use your debit card on the day using this online facilty or make a standing order payment using sort code:40- 20-24 account number 90614629 and the reference being your unique account number.

Sorry to be a party pooper!

Just contacted NCBS re 12/13 subscriptions and got this reply

-"The 5th Issue Fixed Rate Cash ISA is not accepting new investment for the Tax year 12/13, however we do currently have a 45 Day Cash ISA which I have attached details for your information. Liam hart.

IF anyone does manage to subscribe in12/13, please let us all know as I'm sure we'll all be joining the queue!
Thank you.

10_66

New_York_No1_fan wrote: »

Sorry to be a party pooper!

Just contacted NCBS re 12/13 subscriptions and got this reply

-"The 5th Issue Fixed Rate Cash ISA is not accepting new investment for the Tax year 12/13...

Pooh, I've just 'phoned them and they said it's been withdrawn today, definitely no 12/13 subscriptions will be permitted. I was going to do this just to keep the number of ISAs to a minimum, so it's back to BM 4.05% 2 year fixed now.

Stompa

hermante wrote: »

Has anyone found out how the notice period will work?
Do you need to start a transfer process to a named ISA and wait 99 days for it to go through (which will fail if the new ISA is withdrawn by then), or do you just tell them 99 days in advance and then initiate the transfer closer to the time (and hope there will be a good deal on, or cancel the notice)?

My guess (hope!) would be the latter, FWIW in their blurb they say:

Transfers of the full closure balance to other ISA providers are allowed during the fixed rate period, after 99 days' notice. You will need to contact your new ISA provider in order to start the transfer process and at the same time contact us to give the notice on your account. Please note that partial transfers toother ISA providers are not permitted from this account.

Stompa

10_66 wrote: »

Pooh, I've just 'phoned them and they said it's been withdrawn today...

I did point that out in post#98!

10_66

Stompa wrote: »

I did point that out in post#98!

Sorry, had a lot going on in my life, memory shot to pieces now .

aaj123

Has anyone who opened an ISA recently with NCBS been asked to provide ID documents yet? MY transfers have completed but no letter asking for ID documents which was surprising because all other banks where I have opened accounts always ask for these.

Stompa

aaj123 wrote: »

Has anyone who opened an ISA recently with NCBS been asked to provide ID documents yet? MY transfers have completed but no letter asking for ID documents which was surprising because all other banks where I have opened accounts always ask for these.

They didn't ask me to provide ID, but then again I never normally get asked for any when I open an account.

hermante

aaj123 wrote: »

Has anyone who opened an ISA recently with NCBS been asked to provide ID documents yet? MY transfers have completed but no letter asking for ID documents which was surprising because all other banks where I have opened accounts always ask for these.

Did you apply online? The online app did an identity check on me with equifax or experian, not surewhich, and it generated a PDF letter saying no ID documents were required, which I posted back to them in their envelope.

dsm52

hermante wrote: »

Has anyone found out how the notice period will work?
Do you need to start a transfer process to a named ISA and wait 99 days for it to go through (which will fail if the new ISA is withdrawn by then), or do you just tell them 99 days in advance and then initiate the transfer closer to the time (and hope there will be a good deal on, or cancel the notice)?

I'm thinking I'll most likely open a "temporary" ISA in year 2 or 3 (depending on what interest rates are like then) to transfer into; one that has direct access at a reasonable rate which should allow a lot more flexibility to do a quicker transfer when a good deal becomes available.