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Time taken to transfer
Comments
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Anybody know how long Santander takes to transfer in? My existing account is with Tesco Bank.
Cheers
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Chip to Lloyds , 30-ish hours.
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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.
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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.
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That's brilliant.
Thanks.
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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.0
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