‘Bed and ISA’ – transfer investments from a Trading Account to an ISA
A Bed and ISA allows you to easily transfer investments from your Trading Account into your ISA.
To make a Bed & ISA transfer between your ii accounts you will need:
- A Trading Account and ISA that are open and linked together.
- Investments that are eligible within an ISA & listed in GBX (penny / sterling).
- Enough ISA allowance remaining in the current tax year to carry out the repurchase.
- To have subscribed to your ISA in the current tax year. You subscribe to your ISA when you contribute money.
You can then make a Bed & ISA transfer by:
- Logging in to your Trading Account and selecting Cash & Transfers > Bed & ISA from the menu.
- Select your accounts and check your remaining ISA subscription allowance.
- Select the investments you would like to transfer by clicking on Lookup holdings.
- Then complete the form.
- Preview and submit your instructions. Then leave the rest to us.
We will sell the shares from your Trading Account and repurchase them immediately in your ISA.
From the proceeds of the sale, we will calculate how many shares we can repurchase in your ISA after deducting the following:
- Trading fees on the repurchase - you won't pay trading fees on the sale
- Stamp Duty on the repurchase
- Any price movements between the sale and purchase price
Due to these factors, you may not be able to repurchase the same amount of shares in your ISA that you previously held in your Trading Account.