Family ISA's

I have recently inherited some money from my father.

When opening an ISA for my 18 year son who has special needs , will the bank / BS allow funds to be paid from my account or does it have to from my sons current account ?

Just want to miminse transfers



Comments

  • masonic
    masonic Posts: 22,853
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    edited 24 September 2023 at 4:56PM
    ISA managers should normally accept subscriptions as belonging to the account owner without challenge, but check the T&Cs.
    The safest option is to transfer from his current account, but they would normally just bounce back a payment they weren't willing to accept so that you could redirect it.
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