dont want to post my passport

Pennypilates

I want to transfer my ISA to another ISA provider but it has become dormant (six years old) Principality BS has insisted that I post them my passport I am very worried that it will be lost/stolen and therefore lose my only form of ID .And the costs to post/replace are more than the interest  accrued on the ISA They never sent me a letter stating that its was to become dominant is there anyway round posting? Why cant they do an electronic check. I am only transfering to another ISA in my name.

margaretx9

Find another provider who doesn't expect you to send your original passport in the post.
Plenty of other accounts and providers paying relatively good isa rates.

https://www.moneysavingexpert.com/savings/best-cash-isa/

jonesMUFCforever

margaretx9 said:

Find another provider who doesn't expect you to send your original passport in the post.
Plenty of other accounts and providers paying relatively good isa rates.

https://www.moneysavingexpert.com/savings/best-cash-isa/

The problem that the OP may have is that potentially any transfer request may be refused until such time as they have reconfirmed their ID. If the ISA is dormant then the OP has not paid or withdrawn funds for a good few years - so IMO wait for the Coronavirus to pass then go into a branch with ID to reactivate the account.

zagubov

Scan/photocopy it including all relevant internal pages. Enclose a stamped return envelope. Sending passports happens a lot.
Does your work require you to cross borders in the near future?
There are some circumstances where you can be issued with two, so you can travel while another is in transit for admin purposes. 

eddie7612

Have they specifically requested a passport? Banks usually accept HMRC correspondence as proof of ID, which is what I use if I have to send documents by post as I'm not too concerned if they get lost.

epm-84

eddie7612 said:

Have they specifically requested a passport? Banks usually accept HMRC correspondence as proof of ID, which is what I use if I have to send documents by post as I'm not too concerned if they get lost.

The old fashioned way of ID to open an account is one form of photographic ID and one proof of address.  I think a bank statement, utility bill or letter from HMRC usually act as the latter not the former.  A driving licence can count as either but not both.

biddy2101

You can take your passport & the other ID original documents (plus photocopies of these documents) that you need to open the account to the Post Office to have them verified.  You complete a form saying what you need verified & who you are sending the ID to.

Your ID & photocopies get checked, the form you completed get stamps.  You attach that form to the photocopies of your ID.  You place form & photocopied ID in the envelope.  You put your original documents back in their safe place at home.  HEY PRESTO no need to see original documents & account get opened.

Please note that this method does have a cost implication.   How do I know - I've had to do this myself 3 weeks ago