ISA transfer experiences

sausage_time

Trading 212 (cash in S&S ISA) to RBS (4.2% 1yr) - 4 working days.  Impressed!

clairec666

Virgin Money matured fixed-rate ISA matured today, transfer to Natwest requested a couple of weeks ago, specifying to delay until maturity. Completed by lunchtime today. I was expecting Virgin to mess it up somehow, but they didn't!

oddcueball52

5th December - Applied for Cash ISA with Aldermore to transfer in from Nationwide and Trading 212.

11th December - Received transfer from Nationwide and Aldermore sent the transfer form via paper post to T212.

24th December - Trading 212 received the form on 23rd and approved it today via app, received all of it today in Aldermore

Very happy.

Kim_13

YBS to Skipton requested on New Years Day (so bank holiday) completed this morning.

clairec666

Virgin to Coventry completed very speedily over the Christmas period, 3 days at most I reckon. Only gripe is the amount of useless paperwork I've received in the post from Coventry - a letter saying they've requested the transfer from Virgin, and another to say that it's completed. Both arrived today, well over a week after the transfer completed. Save the trees, Coventry!

Ocelot

YBS to Charter, requested a few weeks ago, when opened a/c,  but YBS couldn't do anything until expiry on 31/12. Arrived in Charter today, so probably took 3 working days.

sheslookinhot

Money left Leeds BS on 31st Dec, appeared in Aldermore 2 Jan. Effectively next working day.

aroominyork

Monday: online instruction to Interactive Investor to transfer in Cash ISA from Trading 212

Thursday: email from Trading 212 to go to app and authorise

Friday afternoon: funds credited at Interactive Investor

MrWannabe

Timeline of Cash ISA transfer, from Marcus (Goldman Sachs) to Tesco:

Tuesday 6th Jan
Opened ISA on-line with Tesco.  Requested ISA transfer form during application process

Monday 12th Jan
Received ISA transfer form through the post (included pre-paid envelope to return form to Tesco)
Completed transfer form & posted to Tesco the same day (pre-paid postage was 2nd class)

Monday 19th Jan (early evening)
Text message from Marcus, advising transfer was in process & that I could no longer add or remove funds

Tuesday 20th Jan
Balance on Marcus account updated to £0.00 with transaction comment of:
’Transfer out - payment sent to new provider’

Wednesday 21st Jan (early evening)
Transferred funds have appeared in Tesco ISA

Overall, a better & faster experience than I had envisaged.  Prior to proceeding, I had read on this forum about an experience of transferring from Marcus (from 2023), which sounded a bit ‘clunky’; the person posting in 2023 mentioned that Marcus had sent the funds to the new provider in the form of a cheque.   From my experience, it seems to indicate that Marcus are now sending transferred funds electronically