Heya, has anyone here successfully managed to transfer their S&S isa from Vanguard to T212? And how long did it take?
I first requested the transfer almost 3 months ago, and made the last change almost 2 months ago (because they couldn’t transfer my ETF in-specie). VG said they were waiting for the “assets to be settled” but that was almost a month ago. I’ve just messaged them again, and I’ve reported a delay to T212 too. I saw that the guideline is 30 days so idk what’s happening anymore (Individual Savings Accounts (ISAs): Transferring your ISA - GOV.UK).
Just be careful if any cash involved. T212 don’t seem to understand cash may exist in your ISA, or even may turn up after you have transferred stocks etc, and they will then accuse you of exceeding your ISA allowance.
@TStarr it’s showing Cash as part of the “Transfer Assets” for me.. How can I exceed my limit if everything is already in the ISA wrapper? I’m not putting any new money in
I know, but you try telling that to T212. Their communication with other brokers seems terrible, and their responses stubbornly incorrect. I tried to 2 different brokers at same time, and they cant get heads round 2 Cash sorces and several transfers as divis slowly come in.
Apologies for the delay. We followed up with Vanguard last Thursday, but we haven’t received the shares yet. We’re keeping an eye on your case and will update you as soon as there’s progress.
In the meantime, if you have any questions, feel free to reach out to me here. Always happy to help
