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Monument ISA transfer in.
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esselle_aitch said:northernstar007 said:ive got my isa with monument, not needing access to the funds, but dreading the transfer when the time comes
You are probably right about teething. I'm testing transfers out of Monument, most failed, but some were successful. The latest one - Transfer from Monument to Moneybox requested on 9th June, money arrived to Moneybox today (12th June).1 -
allegro120 said:esselle_aitch said:northernstar007 said:ive got my isa with monument, not needing access to the funds, but dreading the transfer when the time comes
You are probably right about teething. I'm testing transfers out of Monument, most failed, but some were successful. The latest one - Transfer from Monument to Moneybox requested on 9th June, money arrived to Moneybox today (12th June).0 -
allegro120 said:
If I knew that Monument will be reducing from 4.76% to 4.25% I wouldn't have opened the account and spend a month chasing my transfer in.esselle_aitch said:Likewise am disappointed with the drop in interest rate so soon after opening my Monument account0 -
Happy to report my Monument to Paragon ISA transfer took a mere 8 working days . Opened paragon on June 5 transfer completed today June 17th and I am Monument free now having closed my other savings account with them too due to the hefty interest rate drop1
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Tafrock said:Happy to report my Monument to Paragon ISA transfer took a mere 8 working days . Opened paragon on June 5 transfer completed today June 17th and I am Monument free now having closed my other savings account with them too due to the hefty interest rate drop0
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I feel a bit bad now, my Monument to Paragon transfer took 2 working days. No issues at all.
Now undergoing my Paragon to Chip transfer so hopefully that goes as smoothly. 🤞0 -
Paragon to Chip completed in 2 business days.
Now, I think a break from ISA transferring is needed!
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I’m getting so fed up with this now. I completed my paper transfer form for my new provider so they could initiate the manual transfer from Monument, but I’ve received another email from Monument informing me that they’ve rejected the (second) request because they’re experiencing technical issues with automatic transfers. It feels like I’m going round in circles and that my money is going to be stuck with Monument forever. I honestly have no idea if the issue is with Monument or my new provider, or what to do next! I transferred another ISA to my new provider with no issues so it does feel like the issue is with Monument. It feels like they’re holding a lot of my money that I’ll never be able to access again and I don’t want to close the account and withdraw the money as I’ll lose the tax benefits. So frustrating!0
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esselle_aitch said:I’m getting so fed up with this now. I completed my paper transfer form for my new provider so they could initiate the manual transfer from Monument, but I’ve received another email from Monument informing me that they’ve rejected the (second) request because they’re experiencing technical issues with automatic transfers. It feels like I’m going round in circles and that my money is going to be stuck with Monument forever. I honestly have no idea if the issue is with Monument or my new provider, or what to do next! I transferred another ISA to my new provider with no issues so it does feel like the issue is with Monument. It feels like they’re holding a lot of my money that I’ll never be able to access again and I don’t want to close the account and withdraw the money as I’ll lose the tax benefits. So frustrating!
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