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Transferring Your ISA & The Raptor Bond

Posted 9th April 19

With the start of the new financial year approaching fast, it may be a good time to consider transferring your existing ISA allowance to new products or areas of investment. There are a number of reasons to consider transferring your ISA, such as consolidating your funds into one place for ease of management, or a different rate of offered interest.

If you do decide to transfer your ISA, there are a number of things you should be aware of. You can transfer your Individual Savings Account (ISA) from one provider to another at any time (subject to their terms), and from one type of ISA to another (or to the same type of ISA). For money you invested in previous years, you can choose to transfer all or part of your investments, however if you want to transfer money you’ve invested during the current year, you must transfer all of it rather than just a part.

To begin transferring your ISA, and switching providers, contact the ISA provider you want to move to and fill out an ISA transfer form to move your account. If you withdraw the money without doing this, you will not be able to reinvest that part of your tax-free* allowance again. You should also check if your existing provider has any withdrawal fees.

Government guidance states that ISA transfers should take no longer than 15 working days for a cash ISA and a cash Lifetime ISA or; 30 working days for a stocks and shares ISA, investments held through an innovative finance ISA, and stocks and shares through a Lifetime ISA. If your transfer takes longer than this, contact your ISA provider.

Detailed rules for transferring your ISA can be found by clicking here: Government ISA Rules

By investing as little as £2,000 or transferring your existing ISA allocation to the Raptor Bond, you will also be joining a community of likeminded investors who ultimately want to invest in precious metals mining, streaming & royalties funding. To get started just follow these simple steps:

1. Read all of our information on this website, we’ve tried to make it as simple as possible.
2. Submit an enquiry to our team to show your interest in the Bond and ISA.
3. Our team will be in touch for further information.

Capital at Risk. No FSCS Cover.

*Tax treatment depends on the individual circumstances of each client and may be subject to change in the future

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