Transferring Cash ISA with both previous year and current year deposits

JRF2398

I want to transfer a cash ISA as the interest rate is dropping next month.

The issue is it has both previous year (8K) and current year (2K) contributions, does the new provider get a breakdown of previous / current year when I transfer so it doesn't affect my current year allowance. I don't want them to mark 10K againest current year contributions.

thanks in advance.

Warslet

By transferring through the new provider you’ll complete the transfer form declaring if you are transferring previous and/or current year’s subscriptions. I’m assuming you are transferring funds that are penalty free. 

JRF2398

Thanks Warslet, first time transferring to different provider, good to know you can specify between previous / current.

The remainder of this years allowance already used in S&S ISA so was concerned about going over limit, thanks for the info.