IF Transfer out - Notification and interest?

madonss

Has anyone transferred their ISA out of Intelligent Finance recently?

Did you receive written notification that the money had been transferred?

Since I didn't get anything through the post after my account disappeared from online banking I rang up to check what the transferred balance was and the date the transfer was done.

The figures they gave me seemed to be approx £10 short on interest based on the dates they transferred, so I'm interested to find out if anyone else has had any issues with the numbers

Thanks in advance for any replies.

madonss

Anyone?

I reckon they short changed me by almost £10 on the interest. Was yours correct?

boobbby

madonss wrote: »

Anyone?

I reckon they short changed me by almost £10 on the interest. Was yours correct?

Good points!! I will only be able to calculate mine when I receive the final statement from Intelligent Finance (if ever!)

madonss

Update:

Still hadn't received anything through the post, so I rang to query the interest amount and was promised that they would correct it.

A cheque for the difference was waiting for me when I got home tonight.

Result! :j

boobbby

madonss wrote: »

Update:

Still hadn't received anything through the post, so I rang to query the interest amount and was promised that they would correct it.

A cheque for the difference was waiting for me when I got home tonight.

Result! :j

I did get in touch with IF and they asured me they had calculated the amount of interest for the 10 days from my last monthly interest to the date on the cheque. It was aproximately 1/3 of the monthly amount so it looks like they got it right.:T