Press release

Cash ISA Transfer Performance - H1 2021

A voluntary agreement between The Building Societies Association (BSA), The Investing and Saving Alliance (TISA) and UK Finance, requires a minimum of 85 per cent of cash ISA transfers to be completed within seven working days for 2021.

Collectively, the industry can report that 83 per cent of cash ISA transfers were completed within this timeframe during 1 January 2021 to 30 June 2021.

The industry will continue to report quarterly throughout 2021 on its performance in aggregate against the 85 per cent floor.

 

Contact

Hilary McVitty

Head of External Affairs

Tel: 0207 520 5926 hilary.mcvitty@bsa.org.uk

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