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What's involved in transferring an ISA to Interactive Investor?
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If you hold investments with another provider you can transfer them in free of charge to Interactive Investor. (Please be aware that you may incur transfer out charges from your existing provider).

You need to have opened an ISA account with us and can then download the transfer forms from your account and send them through to us. This can be done by choosing Manage My Account and then Transfer to Us.

We will then contact your existing provider and keep you constantly updated throughout the transfer process.

You have a choice of whether to transfer you existing investments as either cash (where you sell the investments and simply transfer the cash to us) or as Units. If your funds are transferred as units which means that they stay invested, only the administration changes. 


If you transfer the proceeds as cash, when you reinvest the proceeds you will incur the normal commission charges for the investments you want to buy.
 
With either method, transferring an ISA account will ensure you maintain the same tax benefits and are not liable for any capital gains or other taxes.
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