zlb
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Post by zlb on Mar 26, 2020 16:21:44 GMT
I started an ISA transfer ages ago. Eventually I had an email from Zopa 1 week ago saying that the bank I am transferring to insists on a cheque for transfer and not electronic. Zopa are now saying that they are not allowed to send a cheque owing to coronavirus. Are Coventry building society being unreasonable insisting on a cheque?
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benaj
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Post by benaj on Mar 26, 2020 16:24:06 GMT
May be a double IFISA transfer. AJ Bell doesn't require check.
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Mar 26, 2020 16:42:18 GMT
I started an ISA transfer ages ago. Eventually I had an email from Zopa 1 week ago saying that the bank I am transferring to insists on a cheque for transfer and not electronic. Zopa are now saying that they are not allowed to send a cheque owing to coronavirus. Are Coventry building society being unreasonable insisting on a cheque? Had the same problem a few years ago with Nationwide receiving cash from Abundance. Nationwide did eventually provide details for an electronic transfer which they promptly lost for a while. I would say in the current age anyone not accepting electronic transfers is acting unreasonably. I am not aware of any reason in ISA rules requiring funds to be transferred by cheque.
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tomp
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Post by tomp on Mar 26, 2020 19:53:27 GMT
I started an ISA transfer ages ago. Eventually I had an email from Zopa 1 week ago saying that the bank I am transferring to insists on a cheque for transfer and not electronic. Zopa are now saying that they are not allowed to send a cheque owing to coronavirus. Are Coventry building society being unreasonable insisting on a cheque? I had a similar problem recently where both providers AC (electronic only) and Yorkshire BS (cheque only) could not agree and I had to find another ISA. Crazy.
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zlb
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Post by zlb on Mar 27, 2020 13:55:17 GMT
I started an ISA transfer ages ago. Eventually I had an email from Zopa 1 week ago saying that the bank I am transferring to insists on a cheque for transfer and not electronic. Zopa are now saying that they are not allowed to send a cheque owing to coronavirus. Are Coventry building society being unreasonable insisting on a cheque? I had a similar problem recently where both providers AC (electronic only) and Yorkshire BS (cheque only) could not agree and I had to find another ISA. Crazy. oh dear. think inexcusable. can see how that might happen with yorkshire - I have used Kent reliance - they use a main bank for their banking as they are too small for such... but Coventry? So when I can cope with chasing down phone services in this current context of endless chasing down of sandwich generation duties, I'll see what I can find out.
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