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Time taken to transfer

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Comments

  • sheffieldeagle
    sheffieldeagle Posts: 816 Forumite
    Part of the Furniture 500 Posts Name Dropper Mortgage-free Glee!

    Anybody know how long Santander takes to transfer in? My existing account is with Tesco Bank.

    Cheers

  • themadg
    themadg Posts: 1 Newbie
    First Post

    Chip to Lloyds , 30-ish hours.

  • bioboybill
    bioboybill Posts: 3,539 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker

    I'm transferring out of T212 into HSBC fixed ISA for their cashback offer. Because T212 aren't part of the industry standard transfer system HSBC said they have to send me a paper transfer form. I was surprised they have to post it to me. I thought an emailed form would have been fine. I was also surprised that they haven't emailed me any confirmation, the account just appeared in my HSBC app and I have 30 days to get the form back to them. I'm hoping it arrives quickly.

  • refluxer
    refluxer Posts: 3,487 Forumite
    Fifth Anniversary 1,000 Posts Photogenic Name Dropper

    As both of those ISA providers use the BACS ISA transfer service, transfers should be electronic and these can be completed in as little as 1-2 days. The transfer process does rely on the efficiency of both providers though, so can sometimes take a bit longer.

    I transferred from Halifax to Santander a good few years ago and the money was credited to the new ISA 3 days after submitting the request via online banking.

  • trickydicky14
    trickydicky14 Posts: 1,511 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    I'm attempting to move a cash ISA from Plum to Paragon. We are now 17 days and counting.

    I choose the rooms that I live in with care,
    The windows are small and the walls almost bare,
    There's only one bed and there's only one prayer;
    I listen all night for your step on the stair.
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