Transfer your ISA, cash or other investments to us

 

Why transfer your ISA to us?

Scottish Widows has been helping people prepare for the future since 1815. Today we remain as committed as ever to empowering our customers to make the most of their financial future.

  • No transfer fees. We don’t charge anything to transfer your ISA or other investments to us, although your existing provider might.
  • Clear, competitive pricing. Our charges are simple - so you know exactly what you’re paying for.
  • Investing that reflects you. Every investor is different. That’s why we offer a wide range of investment opportunities.

1. Choose the right path for your goals - if you don't have an account

Stocks and Shares ISA or Share Dealing Account

Looking to transfer your ISA, other investments or cash to us? Our streamlined switching service makes it easy to transfer without the hassle.

Share Dealing Account     Stocks and Shares ISA

Ready-Made Investments

Do you have old ISAs gathering dust? Transfer them into a Ready-Made Investment ISA and keep their tax-efficient status intact. Just complete our ISA transfer form and we’ll take it from there.

Find out more

2. Transfer your ISA, cash or other investments to us

Log in and request

Once logged in, select the account you want to transfer to, then choose transfers from the menu and follow the instructions. For Ready-Made Investments, you’ll do this in our app.

Log in

Complete and send

Complete the online form, or we can send a copy to you. Leave the rest to us.

What happens to your transfer next?

Most transfers follow five steps but if yours takes a different route, don’t worry.

We’ll guide you through it and keep you updated from start to finish.

  1. You tell us you’re ready to transfer your ISA, cash or other investment to us.
  2. We contact your current broker.
  3. They send us your account details.
  4. We agree on the transfer date.
  5. Your holdings arrive, and we process them into your account.

 

Frequently asked questions

  • Simple transfers usually take five weeks to complete but complex transfers may take longer. Here is an idea of what to expect:

    UK shares - two to three weeks
International shares - six to eight weeks
Funds - six to eight weeks

    We care about completing all our transfers as soon as possible. We’ll regularly contact your existing broker for updates on progress.

    What you can do to help:

    We collaborate closely with your current provider to make everything easy for you. Sometimes, you can help speed up things. You could contact your existing broker and encourage them to respond to our requests, it makes a difference!

  • If you’re transferring funds to us from another broker, we might hold a different fund class than the one you hold now. This means we may need to convert your fund into a class that we can accept for transfer. The converted fund class may differ in price to the fund class you hold at the moment.

    This is to make sure we do not need to sell your fund as part of the transfer. Once the transfer is complete, we’ll make sure that you hold the cheapest fund class we have available.

  • To deposit a paper certificate into yorur Share Dealing Account:

    1. Complete our Certificate transfer form (PDF, 47KB) and a CREST transfer form (PDF, 39KB).
    2. Sign your completed forms and then post them to us (with your share certificates).

    The Stock Administration Department
    Scottish Widows Share Dealing 
    12 Wellington Place
    Leeds
    LS1 4AP

    • We can only transfer stock where the name on the certificate matches the name on the account.
    • We also recommend that you send your certificate by recorded delivery as we accept no responsibility for the loss of any certificates.

    Once your transfer is complete, you’ll be able to see your investments online straight away, we’ll also send you a letter to let you know.

    To deposit a paper certificate into your ISA, see Getting your share certificates into an ISA.

    How long does it take?

    Once we receive your certificate, we'll add the shares to your account within 15 working days.

    Irish Certificates

    We are unable to accept Irish certificates. For further assistance, please contact the company Registrar directly.

    Certificates cannot be deposited into our Ready-Made or SIPP accounts.

  • If you want to transfer your account to another provider, you’ll need to contact your new provider to initiate the transfer.

    There are no charges to transfer your account to another provider, but any outstanding admin charges must be paid.

    If you request us to sell stock and transfer cash you’ll be charged the usual dealing commission charges for the sale(s).

    Please note: the money within an ISA only keeps its tax-free or tax-efficient status if it’s kept within an ISA at all times. If you want to transfer money between two ISAs then this needs to be completed by the two ISA Managers. If you withdraw cash from an ISA at any point, it will lose its tax-free or tax-efficient status.

Explore our investment accounts

Stocks and Shares ISA

Looking for tax efficient investing? Invest up to £20,000 this tax year, free of UK taxes.

Apply for a Stocks and Shares ISA

Share Dealing Account

Maxed out your ISA? Low cost investing without limits.
 

Apply for a Share Dealing Account

Ready-Made Investments

Low cost investing, managed for you by our experts.
 

Apply for Ready-Made Investments