Move cash from GIA to ISA bypassing bank transfers

Ideas 💡
22

Any idea how long it takes for the £ to appear in my bank account after doing the withdrawal in the ft app? Been a couple of days.

23

3-5 working days to withdraw

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24

Hi,

Apologies if this has already been covered.

Is it possible to move monies between accounts and if so, how do you do it?

Thanks

25

You can’t transfer stock between your GIA and ISA.

However, if you’d like to transfer cash between your GIA and ISA, drop us a message via the in-app chat.

Thats what was the last official answer :+1:

26

A lot of people have been reporting that customer service has been slow to respond recently, though, especially if you are not paying for the ‘plus’ level of service, so you might find it faster to just withdraw cash from your GIA to your bank account, and then deposit it from your bank account to your ISA.

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27

It’s worth noting, whichever method you use, you’ll have to wait till your funds have settled from sale of your shares, before you can make a withdrawal. This can take 3-5 days depending on the day of the week.

28

At the moment there is no way to transfer a settled balance from a FreeTrade GIA portfolio to a FreeTrade ISA, or vice versa.

Seeing as this would be going between portfolio’s on the same account we shouldn’t need to withdraw and then top-up to the portfolio we wanted to transfer the amount to. (I know we can currently contact support to move the amount for us but it shouldn’t need to be such a manual process)

29

I believe you can ask in app and they transfer it for you :+1: At least I have read it on the forums before.

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30

I’ve done this several times. email Freetrade support and they’ll tell you what to do - it is a manual process but it’s simple.

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31

Further discussion [Feature Request 🔧] Internal GIA to ISA transfers (Bed and ISA)