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Childrens savings
Comments
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Thankyou.
When I transfer in from regular savings to JISA set up by child's parents I will just pay in.
In future if we choose cash JISA and interest rate is low compared to other providers and I want to move I'll have to check any provider will allow transfers in.0 -
If money is being moved from non-ISAs to a JISA, it's not actually a "transfer" in that sense, and also the banks won't be organising it - OP will be paying in presumably via a current account whether from income or their own savings.
The OP was asking if it was possible to move a JISA to a better paying JISA.0 -
And I'm happy that you can providing new JISA accepted transfers in1
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How do I open a savings account for my granddaughter who lives in Hong Kong , ?0
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How do I open a savings account for my granddaughter who lives in Hong Kong , ?
https://investingreviews.co.uk/money/saving-for-grandchildren-living-abroad/
Perhaps ask parents to look into such options as
https://www.hkbea.com/html/en/bea-personal-banking-kid-master.html#:~:text=Visit your nearest BEA branch,deposit of just HK$10.
You might then be able to gift through parents?1 -
You don't as institutions here want both parties to be domiciled in the UK. You could open an account(s) in your own name that you earmark for her.philip_storey said:How do I open a savings account for my granddaughter who lives in Hong Kong , ?1 -
Thanks that's what we currently do .0
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