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You can take money out of your ISA by making a quick transfer via our Internet Bank or Banking app to your Nationwide current account or savings account. Or, if your ISA allows, you can withdraw cash or cheques in your local branch. There are certain limits on how much you can take out in branch each day.
You can transfer all or part of previous years ISAs to a new ISA account. However, if you want to transfer money already paid into an ISA in this tax year, you must transfer all of it. You can transfer as many times as you like. Theres no limit to the number of ISA transfers you can make.
To transfer another Virgin Money ISA to your new exclusive ISA, just fill out the ISA Transfer Authority Form at the end of your application and select Virgin Money as your current provider. If youve already opened your account, you can download a form here.
When you transfer your money to a new account a bank or building society will add up the interest youve accrued thus far and pay out. It does not matter when the interest payment date is. Some banks say interest paid on the account anniversary.
You can make ISA transfers as many times as you like and this will not affect your ISA allowance in any way. You can transfer an ISA at any time. You can make ISA transfers to a new ISA provider and open a new ISA account for the current tax year at the same time.
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People also ask

ISA transfers let you change to a different ISA even if youve already paid into your existing one in this tax year. Otherwise you can only pay into one ISA of its kind every tax year. You can transfer from your existing stocks and shares or cash ISA into a new Halifax cash or Investment ISA.
You cannot transfer an ISA to another person. This is because the tax benefits of ISA accounts are for individuals and cannot be transferred or shared. If you want to move money from an ISA to another person, you will need to sell the investments, withdraw the money and then give that money to the other person.
How to transfer your ISA. To switch providers, contact the ISA provider you want to move to and fill out an ISA transfer form to move your account. If you withdraw the money without doing this, you will not be able to reinvest that part of your tax-free allowance again.

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