As the title says. Does it take a long time like when you transfer your ISA to another bank, or is it smoother because it stays within T212? And can you also do partial transfers?
Personally, I’ve found it takes seconds. Very smooth once you know what you’re doing.
If you are referring to transferring cash between your 212 ISAs, the process is almost instant.
If you’re asking about transferring an ISA to or from another broker, the process varies depending on the type of ISA. According to HMRC guidelines, cash ISA transfers are typically completed within 15 working days, while other types of transfers may take up to 30 calendar days. However, the actual timeline also depends on the other broker involved. Delays can occur if there are issues on their end, such as incorrect details being provided.
I’ve transferred anything between a few pennies and a few 1000s several times back and forward, always instant and free regardless the time of the day.