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Trading 212 Transfer

After the full 15 working days, Trading 212 has finally prompted for my okay for my transfer to Monument.  The problem is that the amount they quote for transfer is £33.97 less than my apparent balance (£33.97 appears as pending interest).

Anyone know what happens the shortfall after the transfer?

Comments

  • Bigwheels1111
    Bigwheels1111 Posts: 3,045 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Is this an ISA transfer ?.
    If so closing balance including interest should move over.
  • Gummomarx
    Gummomarx Posts: 191 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    It is an ISA transfer.  It's disconcerting that they don't included the full balance in the proposed transaction.
  • Ayr_Rage
    Ayr_Rage Posts: 2,849 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    T212 ISA interest is only credited once a month, that is why it is "pending", once the account closes it should be added and sent to the new provider.

    Just a T212 app/website quirk.
  • jay1804
    jay1804 Posts: 464 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    Once you confirm the transfer, they will pay out the pending interest.
  • Gummomarx
    Gummomarx Posts: 191 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    Thanks all for the reassuring advice.
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