Is it possible to have EUR Holdings & withdrawals in an ISA

JamTomorrow

I will have some ongoing € commitments and I would like to limit my currency exposure.

Is it possible to hold EUR denominated income funds in an ISA, receive that income in EUR and then transfer EUR to a EUR account such as WISE/Revolut?

eskbanker

JamTomorrow said:

I will have some ongoing € commitments and I would like to limit my currency exposure.

Is it possible to hold EUR denominated income funds in an ISA,
Yes

receive that income in EUR
Initially yes, but it'll then be converted to GBP while still within the ISA

and then transfer EUR to a EUR account such as WISE/Revolut?
Following on from above, no

as explained here:

Why can’t you hold foreign currencies in an ISA?

While you can hold foreign investments in an ISA, you can't hold foreign currencies. This is due to HMRC rules governing how ISAs can be used.

That means if the base currency of a share you want to buy and/or sell in your ISA is not GBP, a foreign exchange must be done at the time of trade. Any income from non-UK holdings will also be converted to sterling automatically.

https://www.ii.co.uk/investing-with-ii/international-investing/foreign-exchange