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Flexible ISA - T212 -move money from cash to S&S

dont_use_vistaprint
dont_use_vistaprint Posts: 741 Forumite
Part of the Furniture 500 Posts Photogenic Name Dropper
edited 6 December 2024 at 4:58AM in ISAs & tax-free savings
There’s a feature called ‘move funds’, separate to withdraw or transfer.

Am I correct that this complies with the new rules and would not result in exceeding your allowance if you put some of the 2024/25 £20K cash ISA , into their S&S ISA?

A quick search finds articles that say you need to complete a transfer to move money from a cash to a stocks and shares ISA, but nothing specifically talking about within one platform
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  • Aidanmc
    Aidanmc Posts: 1,034 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    There’s a feature called ‘move funds’, separate to withdraw or transfer.

    Am I correct that this complies with the new rules and would not result in exceeding your allowance if you put some of the 2024/25 £20K cash ISA , into their S&S ISA?

    A quick search finds articles that say you need to complete a transfer to move money from a cash to a stocks and shares ISA, but nothing specifically talking about within one platform

    No problem moving cash between ISA's on 212. Transfer is instant
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