Transfer cash in Isa from Iweb to Building Society

1spiral

I have an IWeb Isa with some cash that has accrued from dividends and would like to transfer that into a cash Isa.

I'm struggling to find out on their Isa information whether they accept partial transfers out to Building Societies. Does anyone here know?

I'm aware that if transferring the whole Isa to a B/S then the portfolio would need liquidating but assuming they do accept partial transfers, if I select a sum that is less than or equal to my cash balance, presumably the transfer would take place without any portfolio liquidation. 

Can someone please confirm if this is the case?

Thanks

soulsaver

They do partial transfers out, I've done it a few times in the past.

For the benefit of others: You'll be aware you'll need to be 'in cash' to cover the transfer at the time the transfer takes place - otherwise there could be a slow step where they ask you what you wish to liquidate... then a settlement wait.

It's never been quick in my experience.

1spiral

soulsaver said:

They do partial transfers out, I've done it a few times in the past. 
It's never been quick in my experience.

What are we talking of here, a couple of weeks or longer?

QrizB

If you're not expecting to use your whole ISA allowance this year, it should be much quicker to withdraw the cash from iWeb to your bank account and then pay it into your cash ISA.

But this does use up some of your annual ISA allowance.