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ISA transfer experiences

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Comments

  • Ch1ll1Phlakes
    Ch1ll1Phlakes Posts: 412 Forumite
    100 Posts First Anniversary Name Dropper

    LISA Transfer: Moneybox to Tembo

    Transfer requested through Tembo app on 1/5 at 8.30pm. Moneybox acknowledged the request via email on 8/5 with option to accept transfer. Moneybox confirmed transfer complete on 11/5 at 6pm and funds seen in Tembo account at this time, with confirmation from Tembo's side by email on 12/5.

    Pretty good by all accounts, with Tembo's initial email about my request saying to expect 2-3 weeks and to allow up to 6 weeks. Request was send late on a Friday, with following Monday 4th a Bank Holiday so five working days to complete transfer.

  • vic_sf49
    vic_sf49 Posts: 893 Forumite
    Part of the Furniture 500 Posts Name Dropper

    Always pleased with these banks...

    ISA moved from Aldermore to Charter, in a smidge over 4 working days.

    06 May - Account opened with Charter, and switch requested.

    07 May - Aldermore acknowledged it.

    09 May - Weekend.

    10 May - Weekend.

    12 May - On checking another account, I noticed the money was in Charter ISA and available to withdraw (Easy Access)

    12 May - later in the day, email received from Aldermore saying "switch complete".

  • subjecttocontract
    subjecttocontract Posts: 3,797 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper

    It certainly seems to me that there has been a big improvement generally in the speed of ISA transfers. When I think back just 1 of 2 years and virtually every transfer was taking forever. So, big thank you to all the firm's that have improved….well done.

  • CeliaSeas
    CeliaSeas Posts: 71 Forumite
    10 Posts Name Dropper Photogenic

    Cynergy to Principality, 8 days.

  • Growingold
    Growingold Posts: 629 Forumite
    Seventh Anniversary 100 Posts Name Dropper

    FR ISA Shawbrook to Manchester

    Asked to transfer at maturity. Went without any hitch. Matured into easy access on 8th May (Friday). Funds left Shawbrook on 12th into Manchester 12th. Was kept informed by both parties up til transfer until Manchester forgot to tell me funds were now in my account. Overall very impressed.

  • badger09
    badger09 Posts: 11,877 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 27 May at 6:34PM

    New FRISA with Lloyds opened yesterday 21/5. Xfers in from Virgin Money (05) and Principality requested.
    Both xfers credited today 22/5.
    Impressive from all 3.

    UPDATE

    Slightly less impressive is that Lloyds have only today 27/5 notified me that they have received the money from my existing provider & the transfer is complete. But at least they told me. Many providers don’t.

  • Brisfit
    Brisfit Posts: 38 Forumite
    Fifth Anniversary 10 Posts Photogenic Name Dropper

    YBS to Coventry complete in two working days.

    YBS correctly back dated interest after a botched transfer in last year caused delays.

  • CeliaSeas
    CeliaSeas Posts: 71 Forumite
    10 Posts Name Dropper Photogenic

    Shawbrook to Vanquis, 4 days.

  • TheBanker
    TheBanker Posts: 2,314 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker

    On Friday last week I requested a partial transfer from to Trading 212 from Virgin. I submitted the request at about 6:30am and just after 4pm the same day it was completed. That is impressive!

  • DodgerPot
    DodgerPot Posts: 174 Forumite
    100 Posts First Anniversary Name Dropper

    Shawbrook fixed cash ISA matured Wednesday 9th

    Had already opened and instructed a transfer on maturity to Skipton 18month fix ISA

    All completed today Friday 11th.
    No issues a quick smooth transfer
    (Slightly regretting choosing to fix for 18months as it’s appearing that ISA rates are creeping upwards)

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