Transferring your ISAs into one place keeps things simple. If your account allows it, you can transfer ISAs from provider to provider or from ISA to ISA with the same provider.
If you wish to move your ISA to another provider, it is important that this is done through the ISA transfer process to protect the tax-free status of your funds.
We accept cash transfers from Stocks & Shares ISAs, Cash ISAs and Innovative Finance ISAs into our Cash ISAs, if your account allows transfers in.
Transferring your ISA to us
We want to make transferring your account as easy as possible, to help us do this please answer the questions below to find out how to transfer your ISA.
The type of transfer your current ISA provider offers can determine the amount of time it takes to transfer your ISA to Skipton:
- We aim to complete 80% of Cash ISA transfers within 7 working days
- Stocks & Shares transfers take up to 26 days.
Transferring into your Lifetime ISA
- Log into Skipton Online and select your Lifetime ISA
- Select ‘ISA Transfer In' and follow the instructions online – you need to print, sign and return the completed form
- If you do not post your completed application by 2 March 2018 your funds may not land in your account by 5 April 2018.
Our window to transfer an ISA into a Lifetime ISA has now closed for the 2017/18 tax year. You can still make the most of your £4,000 annual Lifetime ISA allowance by paying in before end of the tax year on 5 April 2018. We will allow transfers in to your Lifetime ISA in the new tax year.
Type of Transfer?
If you're thinking of leaving us, we'd be sorry to see you go, so remember you can always call us to discuss your options. We'll give you all the support and information we can to help you select a blend of savings that works for you. If you do wish to transfer your Skipton Cash ISA to another provider, you will need to contact your new provider who will then contact us to carry out the transfer.
We aim to process any request to transfer within 5 working days from the day of receipt.
If you are transferring a Skipton fixed rate ISA during the fixed term, there will be an interest penalty as described in your account terms and conditions. This may mean you may get back less than you paid in.
Please note that if you withdraw any funds from your Skipton Cash ISA without following the ISA transfer process, these funds will lose their tax-free ISA status unless your ISA is flexible and your account remains open so you can pay back within the same tax year.
Have you opened the Skipton Cash ISA you wish to transfer into?
Are you transferring from a Stocks & Shares ISA?
Before you can transfer your ISA, you will need to choose and open one of our Cash ISAs. Please take a look at our current Cash ISA Range to decide which one is the best for you. If you open an ISA online you will be able to transfer your existing ISA as part of the opening process.
If you are not registered with Skipton Online you will need to complete a Transfer Revalidation Form and return to the below address.
Skipton Building Society
To arrange your ISA Transfer from another provider you will need to complete the Transfer Authority Form and return it to:
Skipton Building Society
Or return it to your local branch.
As your ISA is an online account please log in to Skipton Online, select your ISA you want to transfer to and select the ISA Transfer In option.