Transfer of Child Trust Fund to newly opened Junior ISA

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  • Andybed34's Avatar
    Fresh Eyes
    I have just opened my Junior ISA for my daughter with the intention of transferring funds into it from and Child Trust Fund she has with another investment company.

    I was wondering how I would go about completing a transfer.
  • 1 Reply

  • Verified Answer

    ChristopherP's Avatar
    Your Community Expert
    Verified Answer
    @Andybed34 Hey, thanks for getting in touch!

    You can certainly 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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