Electronic ISA transfer from Trading 212

diggingdude

Hello

Does anyone know of an ISA provider who allows an electronic transfer of a cash ISA from Trading 212 to their own ISA? I opened a Santander cash ISA for the new year and did the paper transfer from. Absoynotjinf has happened, Trading 212 can't trace the request, Santander are adamant they sent off the paperwork etc. I've lost faith in the whole process.

Tbf I could probably manually withdraw and transfer the savings across to new providers but that would probably take 3 years and with the rather rubbish interest rate I don't really want to do that. Was hoping another bank might do a better job transferring but would like to avoid involving Royal mail.

Thanks for any tips or advice

daveoc22

I cannot give you an answer but I have done the same, 212 to Santander, to get the £200 that was being offered in April for full transfers. It has taken 212 5 weeks to do the transfer, it has only happened today and they have only done a partial transfer when the completed form said a full transfer, so I will lose out on the £200 bonus. I have no faith in 212.

diggingdude

https://forums.moneysavingexpert.com/discussion/comment/82011872#Comment_82011872

I am sorry to hear that, yes I feel even if mine goes through eventually I will have lost the bonus. Part of me thinks leave it for a few months and see if it transfers, if it doesn't put in a complaint with both and see where it goes

masca

I transferred from T212 to MoneyBox last year without any issues.

bartman

MSE, PLEASE stop recommending this company, or at least when listing the recommended ISAs mention the ridiculous hoops you have to jump through to transfer elsewhere when their introductory interest rate ends.

InvesterJones

https://forums.moneysavingexpert.com/discussion/comment/82022972#Comment_82022972

They would have to start recommending it before they can stop :p

Remember, MSE clearly state:

always do your own research on top to ensure it's right for your specific circumstances and
remember we focus on rates not service.

Sg28

https://forums.moneysavingexpert.com/discussion/comment/82011958#Comment_82011958

I did the same earlier this year and miraculously the transfer was already complete when I checked 2 days later!

Ch1ll1Phlakes

Completed a Cash ISA transfer to Tembo from T212. Transfer of funds out was actioned inside 2 minutes of sending the request from Tembo (took me one minute to approve the request on the T212 app) and money was credited to the account 2 days later by Tembo. So all done inside 48 hours.

Note: T212 will ask for approval of any transfer request (as mentioned here Can I move my Trading 212 ISA to another provider? – Trading 212 ) so check for this.

diggingdude

Thanks, despite confirming all details with t212 and reiterating these to Santander the transfer still hasn't happened. Will try one of these others next month

diggingdude

As luck would have it it has finally gone through in approximately 2 months.

cmundo

I transferred from T212 to Lloyds cash ISA, took about 5 working days