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ISA savings certificate lost in post
libra10
Posts: 19,975 Forumite
At the end of November, I transferred some ISA savings from one building society to another. All went fine, with paperwork efficiently dealt with by both institutions. However, the final paperwork from the new building society, including ISA certificate, failed to arrive.
I have phoned them three times through December regarding this, although I realise that through Christmas and the holidays, post has been seriously delayed. Each time I have been promised that the certificate would be resent, and thankfully this morning a (copy) certificate arrived.
What I am wondering is what could have happened to the previous two certificates, and if they got into the wrong hands, would it be a security issue?
Would be grateful for advice.
I have phoned them three times through December regarding this, although I realise that through Christmas and the holidays, post has been seriously delayed. Each time I have been promised that the certificate would be resent, and thankfully this morning a (copy) certificate arrived.
What I am wondering is what could have happened to the previous two certificates, and if they got into the wrong hands, would it be a security issue?
Would be grateful for advice.
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Comments
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What is an ISA certificate? Was it sent to you or between the two building societies? All that is normally required for an ISA transfer is a cheque and ISA transfer history form, and these would be sent from the old provider to the new provider.
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It is just the certificate issued by the new provider, stating my details, amount invested, length of time of investment, and rate of interest. The transfer was between my previous ISA provider to the new one, no cheque involved.
When I have phoned the new ISA provider, I have given my details, including name and address, and they have dealt with my enquiries, posting the same information to me each time. Three times altogether. As I have only received their letter once, which was dated just a couple of days previously, I wondered whether anyone getting hold of the previous two certificates which have been lost, could cause a security issue,
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If you are just referring to a communication between the new provider and you, confirming the details of the new account, and you have received one copy of this, you'll be able to check how much personal information it contained about you. Interference with the mail and mail theft are offences and it is unlikely your letters will have fallen into the hands of the small minority of individuals who would open them, let alone use the information for nefarious purposes. Most likely the earlier copies never left the new provider's premises, if they were printed at all.
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