Date: Wed, 5 Apr 2006 22:17:51 +0100
From: GSV Three Minds in a Can 
Newsgroups: uk.finance
Subject: Re: Transfer Mini Cash ISA question

Bitstring <49in5tFonqjsU1@individual.net>, from the wonderful person 
dfrog  said
>What are the current rules with reference to transferring a Mini Cash ISA to
>another institution?
>I had contemplated opening a new Mini Cash ISA this year having seen a new
>one giving a better rate of return than my existing one. Once this was up
>and running I had planned to transfer my existing one over to the new one
>because I thought this was acceptable practice, but, I have seen in their
>terms that this transfer is not allowed.
>So, some do & some don't. Is there a code of practice?

Institutions are obliged to let you transfer out (but not necessarily to 
make it easy). No-one is forced to let you transfer in (although iirc a 
'CAT Standard' ISA will have to permit it - but then most are not CAT 
standard).

-- 
GSV   Three Minds in a Can
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