ISA Transfer Virgin to HSBC

westv · 24 February at 11:10AM

Hi. I have a Virgin fixed rate ISA that expired yesterday (23/2) which I want transferred to an HSBC fixed rate ISA (which I opened 16/2). When I opened the HSBC ISA I completed details of the Virgin ISA I wanted transferred in and selected the transfer to take place after the Virgin ISA fixed rate had expired.
Today, when I checked, I don't see mention of a transfer in either account. Am I being a little premature? Will take a few days for anything to appear regarding progress as I selected the transfer to only be done from 23/2?

eskbanker · 24 February at 11:36AM

Cash ISA transfers are required to complete in three weeks - some are much quicker than this though, but just because you specified that a transfer shouldn't be any earlier than a maturity date doesn't mean that it's all actually scheduled to complete on that day, so it could be weeks yet....

akh43 · 24 February at 11:46AM

When I did a Virgin to Coventry ISA transfer on 6/2 the ISA appeared in Coventry the next day, but when I checked all trace of it disappeared on Virgin (the current account site) I got a letter saying I would receive a statement in the post a week later, but still waiting for the statement!!