NS&I Direct ISA - Withdrawing Question

davidlizard

I plan to withdraw some cash from our Direct ISAs to knock my mortgage on the head.

I have a very silly question, but have not been able to find any answers on their website: If I withdraw the cash, does it come to me as a cheque or is it electronically transfered into a nominated account.

Its just that I will be not around for a couple of weeks so will need to act sooner rather than later if they send me the funds by cheque. If its electronic then its no problem.

Many thanks

Dave

Aegis

I took some money out earlier this year. It arrived in the account I used to deposit the money in the first place, and at the time I couldn't find an option to change that nominated account to a more suitable one!

oldagetraveller

davidlizard wrote: »

but have not been able to find any answers on their websiteDave

Here it is -
Make a withdrawal

• Click "Deposits and withdrawals" in the bar at the top of the screen. You'll then see a list of any previous deposits or withdrawals you have made online.
• Click "Make a withdrawal" below the main heading on the screen.
• Enter the amount you want to withdraw and click "proceed".
• Check the amount you entered then click "submit" to make the withdrawal or "edit" if you need to make a correction or "cancel" if you decide not to go ahead.

Or failing that 'phone them up and ask?

Jonbvn

I remember that I nominated a bank a/c when I first opened the ISA. I think you may have to telephone/write them to change this.