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Transferring an ISA from a notice ISA account

I asked for the transfer to be made after the notice period.  Does the receiving provider give this notice to the original provider?  Never transferred from a notice account before.  Thanks

Comments

  • eskbanker
    eskbanker Posts: 42,365
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
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    I asked for the transfer to be made after the notice period.  Does the receiving provider give this notice to the original provider?  Never transferred from a notice account before.  Thanks
    Happy to be corrected but my understanding is that the receiving provider typically sits on your transfer request until the stated maturity date and forwards it to the ceding provider on or after that date.
  • Zaul22
    Zaul22 Posts: 424
    Fourth Anniversary 100 Posts Name Dropper
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    The one time I tried it I got notification from the sending bank. Nothing at all from the receiving. No idea if it will go through but all signs point to no. Ultimately I think notice ISA are just a bad idea. 
  • Growingold
    Growingold Posts: 644
    Seventh Anniversary 500 Posts Name Dropper
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    An Update
    Contacted the receiving provider by secure message they confirmed the transfer will be made after the notice period.  As the  original provider had previously contacted me fingers crossed to assume notice will have been given as they already know about it.
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