Can I transfer investments from my Dealing Account to my Stocks and Shares ISA?

Due to HMRC regulations, we are unable to directly transfer investments held in a Nominee Dealing Account into a Stocks and Shares ISA. If you want the investments moved into your ISA, you will need to perform what is known as a ‘Bed & ISA’.

This is where you sell the investments in your Dealing Account, transfer the money to your ISA and then buy the investments back within your ISA. To request a Bed & ISA complete the form, return via the forms submission instruction or contact our Customer Experience Centre on 0345 0700 720.

Please note that the above procedure will incur two lots of dealing charges and you will also have to pay any Stamp Duty Reserve Tax (0.5% on UK Stocks, 1% on Irish stocks) on the repurchase within your ISA.

- Submitted on 13th Dec 2021

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