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

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Comments

  • AlanP_2
    AlanP_2 Posts: 3,539 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.
    I take the opposite view.

    What it indicates to me, based on too many years as an IT Project Manager, is that they did a dry run last weekend to test the process before the cutover.

    Looks like someone forgot to send the messages to some sort of dummy output file.
  • pafpcg
    pafpcg Posts: 935 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    AlanP_2 said:
    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.
    I take the opposite view.
    What it indicates to me, based on too many years as an IT Project Manager, is that they did a dry run last weekend to test the process before the cutover.
    Looks like someone forgot to send the messages to some sort of dummy output file.
    If it was test run, then it's got problems.
    My partner & I have a joint account at Jarvis with me being the first-named. On Sunday morning, my partner received two identical SMS messages, then a single follow-up apology, but nothing for me...
    [It's irrelevant for us - we told Jarvis not to transfer our account to Interactive Investors, our last share holdings were transferred out to share certificates yesterday and the cash balance sent to our bank account.  Final transaction & cash statements for the full five years we've had the account were downloaded this morning. Only issue outstanding is a dividend payment due in July which Jarvis assured me would be sent to our bank account automatically.]


  • emricjk
    emricjk Posts: 2 Newbie
    Third Anniversary First Post
    can anyone help please.  I used Jarvis merely to buy carnival shares a few years ago in order to get shareholder benefits when cruising.  With this move once charges start its going to cost me £4.99 per month.  I dont understand how I can now "have these shares" if i close the account with this changeover.  Ideally I want to retain my shares, be able to access proof for carnival to grant me their perks but not sell the shares if possible.
    Any info would be great as I am a total novice on what to do next, although Im not wanting to pay their charges.
    Loook forward to responses please 
  • jilawrence
    jilawrence Posts: 8 Forumite
    Seventh Anniversary First Post
    emricjk said:
    can anyone help please.  I used Jarvis merely to buy carnival shares a few years ago in order to get shareholder benefits when cruising.  With this move once charges start its going to cost me £4.99 per month.  I dont understand how I can now "have these shares" if i close the account with this changeover.  Ideally I want to retain my shares, be able to access proof for carnival to grant me their perks but not sell the shares if possible.
    Any info would be great as I am a total novice on what to do next, although Im not wanting to pay their charges.
    Loook forward to responses please 
    Transfer your shares to an alternative broker, who charges less or doesn't charge. This is discussed earlier in the thread, and the main suggestions are IWeb and Trading 212.
  • Hoenir
    Hoenir Posts: 7,742 Forumite
    1,000 Posts First Anniversary Name Dropper
    pafpcg said:
    our last share holdings were transferred out to share certificates yesterday 


    Paper share certificates are being phased out. The options to trade them are greatly reducing likewise the cost of trading them is increasing. As is a manual rather than electronic process. 
  • Electrickery
    Electrickery Posts: 5 Forumite
    Second Anniversary First Post
    pafpcg said:
    AlanP_2 said:
    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.
    I take the opposite view.
    What it indicates to me, based on too many years as an IT Project Manager, is that they did a dry run last weekend to test the process before the cutover.
    Looks like someone forgot to send the messages to some sort of dummy output file.
    If it was test run, then it's got problems.
    My partner & I have a joint account at Jarvis with me being the first-named. On Sunday morning, my partner received two identical SMS messages, then a single follow-up apology, but nothing for me...
    [It's irrelevant for us - we told Jarvis not to transfer our account to Interactive Investors, our last share holdings were transferred out to share certificates yesterday and the cash balance sent to our bank account.  Final transaction & cash statements for the full five years we've had the account were downloaded this morning. Only issue outstanding is a dividend payment due in July which Jarvis assured me would be sent to our bank account automatically.]



    Same here. Instructed Jarvis categorically not to even send any of my personal data
    to ii. Text and mail received from ii, so clearly they have done so.

    Shares made it to lightyear all electronically, still waiting for cash (had to sell one 
    they couldn't transfer) so hopefully cash will be transferred soon as I also have 
    cash isa with lightyear that I can transfer it to (and thanks to BoE, it's still at 4.25% 
    as they give the base rate).

    When that happens, it just leaves a couple of late dividends in the next month.

  • Hoenir
    Hoenir Posts: 7,742 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 20 June at 3:48PM
    pafpcg said:
    AlanP_2 said:
    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.
    I take the opposite view.
    What it indicates to me, based on too many years as an IT Project Manager, is that they did a dry run last weekend to test the process before the cutover.
    Looks like someone forgot to send the messages to some sort of dummy output file.
    If it was test run, then it's got problems.
    My partner & I have a joint account at Jarvis with me being the first-named. On Sunday morning, my partner received two identical SMS messages, then a single follow-up apology, but nothing for me...
    [It's irrelevant for us - we told Jarvis not to transfer our account to Interactive Investors, our last share holdings were transferred out to share certificates yesterday and the cash balance sent to our bank account.  Final transaction & cash statements for the full five years we've had the account were downloaded this morning. Only issue outstanding is a dividend payment due in July which Jarvis assured me would be sent to our bank account automatically.]



    Same here. Instructed Jarvis categorically not to even send any of my personal data
    to ii. Text and mail received from ii, so clearly they have done so.



    Did you categorically give them an instruction to close your account? Once any outstanding matters were cleared. 
  • Electrickery
    Electrickery Posts: 5 Forumite
    Second Anniversary First Post
    Hoenir said:
    pafpcg said:
    AlanP_2 said:
    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.
    I take the opposite view.
    What it indicates to me, based on too many years as an IT Project Manager, is that they did a dry run last weekend to test the process before the cutover.
    Looks like someone forgot to send the messages to some sort of dummy output file.
    If it was test run, then it's got problems.
    My partner & I have a joint account at Jarvis with me being the first-named. On Sunday morning, my partner received two identical SMS messages, then a single follow-up apology, but nothing for me...
    [It's irrelevant for us - we told Jarvis not to transfer our account to Interactive Investors, our last share holdings were transferred out to share certificates yesterday and the cash balance sent to our bank account.  Final transaction & cash statements for the full five years we've had the account were downloaded this morning. Only issue outstanding is a dividend payment due in July which Jarvis assured me would be sent to our bank account automatically.]



    Same here. Instructed Jarvis categorically not to even send any of my personal data
    to ii. Text and mail received from ii, so clearly they have done so.



    Did you categorically give them an instruction to close your account? Once any outstanding matters were cleared. 
    Let me think back on what I sent them in April when I got the shock news :)

      ... I am writing to explicitly prohibit you from providing any of my
      personal information to them under the protection afforded my by the Data
      Protection Act ...
      ... Please ensure that you immediately cancel any deal you may arranged for
      the transfer of my account with said company as you do not have my consent
      to do so ...

    Even had a reply which looked promising:
        'I can confirm that we have updated our records so that your data and accounts will not be moved to ii.'

    After a couple of attempts, got an S&S ISA set up and transfer request at beginning of June.
    Bit puzzled why anyone should need to mention closing the account when you are
    transferring out to a different provider, I would have thought closing the account
    is the obvious final step when it's all completed!
  • wmb194
    wmb194 Posts: 5,276 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Hoenir said:
    pafpcg said:
    AlanP_2 said:
    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.
    I take the opposite view.
    What it indicates to me, based on too many years as an IT Project Manager, is that they did a dry run last weekend to test the process before the cutover.
    Looks like someone forgot to send the messages to some sort of dummy output file.
    If it was test run, then it's got problems.
    My partner & I have a joint account at Jarvis with me being the first-named. On Sunday morning, my partner received two identical SMS messages, then a single follow-up apology, but nothing for me...
    [It's irrelevant for us - we told Jarvis not to transfer our account to Interactive Investors, our last share holdings were transferred out to share certificates yesterday and the cash balance sent to our bank account.  Final transaction & cash statements for the full five years we've had the account were downloaded this morning. Only issue outstanding is a dividend payment due in July which Jarvis assured me would be sent to our bank account automatically.]



    Same here. Instructed Jarvis categorically not to even send any of my personal data
    to ii. Text and mail received from ii, so clearly they have done so.



    Did you categorically give them an instruction to close your account? Once any outstanding matters were cleared. 
    Let me think back on what I sent them in April when I got the shock news :)

      ... I am writing to explicitly prohibit you from providing any of my
      personal information to them under the protection afforded my by the Data
      Protection Act ...
      ... Please ensure that you immediately cancel any deal you may arranged for
      the transfer of my account with said company as you do not have my consent
      to do so ...

    Even had a reply which looked promising:
        'I can confirm that we have updated our records so that your data and accounts will not be moved to ii.'

    After a couple of attempts, got an S&S ISA set up and transfer request at beginning of June.
    Bit puzzled why anyone should need to mention closing the account when you are
    transferring out to a different provider, I would have thought closing the account
    is the obvious final step when it's all completed!
    Not with Jarvis but I've used in specie broker transfer services and a few times the accounts remained open but empty.
  • HonestJohn
    HonestJohn Posts: 1,217 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    wmb194 said:
    Hoenir said:
    pafpcg said:
    AlanP_2 said:
    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.
    I take the opposite view.
    What it indicates to me, based on too many years as an IT Project Manager, is that they did a dry run last weekend to test the process before the cutover.
    Looks like someone forgot to send the messages to some sort of dummy output file.
    If it was test run, then it's got problems.
    My partner & I have a joint account at Jarvis with me being the first-named. On Sunday morning, my partner received two identical SMS messages, then a single follow-up apology, but nothing for me...
    [It's irrelevant for us - we told Jarvis not to transfer our account to Interactive Investors, our last share holdings were transferred out to share certificates yesterday and the cash balance sent to our bank account.  Final transaction & cash statements for the full five years we've had the account were downloaded this morning. Only issue outstanding is a dividend payment due in July which Jarvis assured me would be sent to our bank account automatically.]



    Same here. Instructed Jarvis categorically not to even send any of my personal data
    to ii. Text and mail received from ii, so clearly they have done so.



    Did you categorically give them an instruction to close your account? Once any outstanding matters were cleared. 
    Let me think back on what I sent them in April when I got the shock news :)

      ... I am writing to explicitly prohibit you from providing any of my
      personal information to them under the protection afforded my by the Data
      Protection Act ...
      ... Please ensure that you immediately cancel any deal you may arranged for
      the transfer of my account with said company as you do not have my consent
      to do so ...

    Even had a reply which looked promising:
        'I can confirm that we have updated our records so that your data and accounts will not be moved to ii.'

    After a couple of attempts, got an S&S ISA set up and transfer request at beginning of June.
    Bit puzzled why anyone should need to mention closing the account when you are
    transferring out to a different provider, I would have thought closing the account
    is the obvious final step when it's all completed!
    Not with Jarvis but I've used in specie broker transfer services and a few times the accounts remained open but empty.
    I did not think I needed to tell them to close an empty account after I had also told them not to transfer it. Maybe their fee depends on the number of accounts they transfer?
    Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning. Albert Einstein
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