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Trading 212 Cash ISA - Impossible to transfer ISA out!
Comments
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Thought I'd leave a data point for Trading212 -> Chip ISA transfer:
Thursday 5th June: Opened Chip ISA and started Transfer Request (17:15)
Friday 6th June: Trading212 notification to complete Transfer Request form in app (11:00). Completed and funds left T212 ISA immediately
Monday 9th June: Email from Chip stating transfer complete, funds showing in Chip ISA (18:00)
Essentially 2 working days. Pretty impressed, especially reading the experiences of others with both providers. Maybe I've just been lucky!3 -
Just to add my 2p
Opened Vida account 21st May, T212 have just confirmed today the transfer and the ISA money is en route to Vida - did take 1 extra attempt as they asked for Vida to re-send the form which is when I then jumped in with the handy email address already posted here to make sure it went to the right place (thank you!)
So essentially 3 weeks, just got to wait for it to land now!
Edited to add - it landed already and is showing in my account yay!0 -
bagand96 said:Thought I'd leave a data point for Trading212 -> Chip ISA transfer:
Thursday 5th June: Opened Chip ISA and started Transfer Request (17:15)
Friday 6th June: Trading212 notification to complete Transfer Request form in app (11:00). Completed and funds left T212 ISA immediately
Monday 9th June: Email from Chip stating transfer complete, funds showing in Chip ISA (18:00)
Essentially 2 working days. Pretty impressed, especially reading the experiences of others with both providers. Maybe I've just been lucky!
Took 3 days
I was told to use sort code 12-34-56 and the account number
I did have to get the information from 212 regarding the sort code, but their response was almost instantly
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I opened a Moneybox ISA on Monday 21/07/2025 and started the request to transfer straight away, on Tuesday 22/07/2025 it was all transferred, no problem at all0
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Transfer was rejected by Trading 212. Because they are very slow to do this and it’s postal only this is already nearly a month without having managed to act on the transfer. Now the clock starts again.I’ve also had a successful transfer out but that also took two weeks of nothing happening. It’s a ridiculous arcane system that needs to be phased out.1
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Just transferred out of trading 212 to Paragon. Had to send form back to Paragon but ISA transfer was completed within 7 days of the date they would have received the form from me. Transfer from CMC also took exactly the same time so no delays.0
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JV_21 said:BigBear68 said:So far it looks like Chip, Moneybox and Tembo are my options.
There are ISA providers that allow you to sign a transfer form in app, which can speed up the process.
There's also providers who require you to sign a paper form, but then can send that across digitally to the new provider. That means you can transfer to a provider like Moneybox but the first step might take around a week.
Then there's ones who will post off a paper form, and then providers like Moneybox won't accept transfers from them.0
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