Nationwide Online Transfers from Passbook Accounts

richardmk

Yesterday I noticed it was possible to make transfers from Passbook accounts. The online guidance still indicates that it is not possible.
A brilliant service improvement, but no information about this on the site.

alanq

Where did you see this information and to which account(s) do you believe this refers?

angelsmomma

I made an online transfer from my passbook flexclusive ISA to my flexaccount.

Gordon_the_Moron

You could make transfers into a passbook style account online until recently but not make transfers out (I opened my passbook flexclusive ISA in branch and they told me wrongly that you could only pay in through the branch) I filled my allowance mostly with online deposits. You can now make transfers out, I just looked and have the option to withdraw from it online (I assume this works though I'm not going to try it!!!!)

This has only come about very recently, didn't know until I read this thread.

Lansdowne

It's actually quite dangerous to allow people to withdraw from an ISA online, because it can't be reversed if you make a mistake. When you chose to do that, did the system give you any warnings (such as you lose the tax free status and your ISA allowance can not be used again?)

Milarky

The website's appearance was 'tweaked' in the middle of the week I noticed. On-screen account numbers are now completely visible ('12345678' instead of '***45678') for the first time too.

angelsmomma

Lansdowne wrote: »

It's actually quite dangerous to allow people to withdraw from an ISA online, because it can't be reversed if you make a mistake. When you chose to do that, did the system give you any warnings (such as you lose the tax free status and your ISA allowance can not be used again?)

I made a withdrawal from my ISA and it did not say anything about it, but I did not notice at the time, I was already aware of the the rules so it didn't occur to me at all. It is a good point though.