OPTIMISA TRANSFER

It's easy to transfer your current year ISA subscriptions in whole and/or your previous years' investments in whole or part at any time. You simply need to complete our Cash ISA transfer form and we'll contact your current provider. This form authorises your current provider to release the funds, which they must do within 30 days of receipt of the request unless you exercise your right to serve the full notice period on your existing Cash ISA.

Important Information when transferring your ISA

• If you are transferring funds from multiple ISA's with other providers, you will need to print off multiple ISA transfer forms.
• Please note that the current ISA rules do not allow funds invested in a Stocks and Shares ISA to be transferred to a Cash ISA.
• The existing provider has 30 days to transfer the ISA funds. If you wish to transfer an existing ISA balance to the Vernon, please be aware that although we do not charge for this, your existing ISA provider may do so.
• If you are transferring an ISA set up in a previous tax year you can transfer the whole ISA balance, including interest accrued, or just part of the ISA balance.
  OR
• If you are transferring an ISA where subscriptions have been made in the current tax year, you must transfer the whole current year's subscriptions.

Opening an account with the Vernon could not be easier – simply read through our Terms & Conditions, complete an application form and take or post it to your nearest branch along with your ISA transfer form and identification documentation. Click here for details of our identification requirements.