Transfer of Child Trust Fund to newly opened Junior ISA
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Transfer of Child Trust Fund to newly opened Junior ISA
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.
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.
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How we collect and use your personal data
Tesco Personal Finance plc, trading as Tesco Bank as part of the Tesco Group take the security of your data seriously. We want you to be confident that your data is safe and secure with us and understand how we use it.
We collect data when you browse our website (e.g. your IP address) and register for the Community. To find out more about how we use your data, our legal basis for processing your data and your rights under data protection laws please view our Privacy Policy.
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Tesco Bank Community Terms of Service v 1.0
The Tesco Bank online community ('Your Community') is for Tesco Bank customers, staff, contributors and supporters to discuss products, services, issues and matters of general interest. Your Community content may be viewed by both members and non-members.
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ChristopherP
