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X-O (Jarvis) online platform to close in the summer

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  • qsk
    qsk Posts: 457 Forumite
    Ninth Anniversary 100 Posts Name Dropper Combo Breaker
    I explicitly asked not to move to ii and close my account instead (nothing in account). I received the txt from ii regarding "my new account".  Is this an act of GDPR breach?
  • Gambler
    Gambler Posts: 3,287 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Hoenir said:
    Hoenir said:
     This has happened to me despite requesting I was not transferred.
    Why hasn't your new platform instigatated your requested transfer?  
    My account was inactive. I thought it would be automatically closed.
    There's likely to be many accounts with zero balances. Jarvis will have no idea which ones are redundant. 
    I gifted some worthless shares to charity and told them not to transfer my account. Will now have to close the iii account when it is active.
    I did the same
  • HonestJohn
    HonestJohn Posts: 1,197 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    iii have started setting up accounts for x-o users. This has happened to me despite requesting I was not transferred. I received a text today that went into my spam. It has my new iii account number so I was able to log into my new account. All my personal details have been set up but no other data hsas been transferred yet.
    Just got a follow up email saying the text was sent in error. Doesn't bode well.
    Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning. Albert Einstein
  • Ash_Pole
    Ash_Pole Posts: 342 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Hoenir said:
    Hoenir said:
     This has happened to me despite requesting I was not transferred.
    Why hasn't your new platform instigatated your requested transfer?  
    My account was inactive. I thought it would be automatically closed.
    There's likely to be many accounts with zero balances. Jarvis will have no idea which ones are redundant. 
    I gifted some worthless shares to charity and told them not to transfer my account. Will now have to close the iii account when it is active.
    Sorry just curious, I'm assuming these aren't actually worthless, but if they are why would you gift them to a charity?
  • HonestJohn
    HonestJohn Posts: 1,197 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Ash_Pole said:
    Hoenir said:
    Hoenir said:
     This has happened to me despite requesting I was not transferred.
    Why hasn't your new platform instigatated your requested transfer?  
    My account was inactive. I thought it would be automatically closed.
    There's likely to be many accounts with zero balances. Jarvis will have no idea which ones are redundant. 
    I gifted some worthless shares to charity and told them not to transfer my account. Will now have to close the iii account when it is active.
    Sorry just curious, I'm assuming these aren't actually worthless, but if they are why would you gift them to a charity?
    They would cost me more to sell than they are worth. The charity probably get a concessionary rate or can aggregate them. I just wanted shot of my X-O account.
    Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning. Albert Einstein
  • where_are_we
    where_are_we Posts: 1,220 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 16 June at 10:13AM
    Hoenir said:
     This has happened to me despite requesting I was not transferred.
    Why hasn't your new platform instigatated your requested transfer?  
    My account was inactive. I thought it would be automatically closed.

    As Hoenir stated Jarvis will probably automatically transfer inactive accounts with no balance to Interactive Investor come the cut off date. Avoid any chance of being charged a monthly fee further down the line by closing the account now by email and get a confirmation email back from Jarvis.
  • Hoenir
    Hoenir Posts: 7,742 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 16 June at 10:49AM
    Hoenir said:
    Hoenir said:
     This has happened to me despite requesting I was not transferred.
    Why hasn't your new platform instigatated your requested transfer?  
    My account was inactive. I thought it would be automatically closed.
    There's likely to be many accounts with zero balances. Jarvis will have no idea which ones are redundant. 
    I gifted some worthless shares to charity and told them not to transfer my account. Will now have to close the ii account when it is active.
    You didn't tell Jarvis to close the the account though.  That's the bottom line. In plain English "Not to transfer" suggests you were making alternative arrangements. 
  • HonestJohn
    HonestJohn Posts: 1,197 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Anybody wanting to check if they have been transferred could try logging into ii with their X-O email and clicking 'forgot my password'
    Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning. Albert Einstein
  • Hattie627
    Hattie627 Posts: 356 Forumite
    100 Posts Second Anniversary Name Dropper
    edited 16 June at 11:50AM
    Hoenir said:
     This has happened to me despite requesting I was not transferred.
    Why hasn't your new platform instigatated your requested transfer?  
    My account was inactive. I thought it would be automatically closed.

    As Hoenir stated Jarvis will probably automatically transfer inactive accounts with no balance to Interactive Investor come the cut off date. Avoid any chance of being charged a monthly fee further down the line by closing the account now by email and get a confirmation email back from Jarvis.
    That's what I did a while back after the news came out about the closure of X-O and the transfer plan.
    I had an empty and inactive GIA. I didn't want this to transfer, with the risk of incurring a platform fee. I emailed Jarvis and asked them to close my account. They confirmed by email very quickly that this had been done. 
  • Gambler
    Gambler Posts: 3,287 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Hattie627 said:
    Hoenir said:
     This has happened to me despite requesting I was not transferred.
    Why hasn't your new platform instigatated your requested transfer?  
    My account was inactive. I thought it would be automatically closed.

    As Hoenir stated Jarvis will probably automatically transfer inactive accounts with no balance to Interactive Investor come the cut off date. Avoid any chance of being charged a monthly fee further down the line by closing the account now by email and get a confirmation email back from Jarvis.
    That's what I did a while back after the news came out about the closure of X-O and the transfer plan.
    I had an empty and inactive GIA. I didn't want this to transfer, with the risk of incurring a platform fee. I emailed Jarvis and asked them to close my account. They confirmed by email very quickly that this had been done. 
    I tried to do the same but had some worthless shares so couldn't close the account. I completed the form for share gifting and have now managed to close my accounts via email. Now when I log in to xo there are no accounts visible.
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