Open Junior ISA and transfer Child trust fund into it

  • bambam's Avatar
    Fresh Eyes
    I would like to open a junior ISA for my child and transfer an existing CTF into it.

    When I apply to open the account I have to declare that the "The child does not have a Child Trust Fund account;" but of course the child does have a CTF at the moment and I want to transfer it in - how do I do this?
  • 1 Reply

  • Verified Answer

    RossM's Avatar
    Community Manager
    Verified Answer
    @bambam youu can transfer a Child Trust Fund over to one of our Junior ISAs. In order to do this you will need to open this account with us either via our website, or by giving us a call on 0345 678 5678 (Mon - Fri: 8am - 6pm Sat - Sun: 9am - 2pm).

    If you apply online, please choose the funding method as ‘Transfer from another ISA’ and we will send you a Transfer Authority Form (TAF). You should fill in the TAF with your existing Child Trust Fund details and then return it back to us. We will then request the transfer from your existing provider. These transfers can take up to 15 business days to complete and we will send you a letter once it's successfully moved over.


    Please do not fund the Junior ISA before this transfer is complete and the Child Trust Fund is closed. I've attached a link below with some more information on how to complete the transfer


    https://community.tescobank.com/cont...-ISA#ckb_start

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