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11 July 2009

Is it easier to transfer Cash ISAs to another bank rather than fill in a fresh application form & go through the motions for an existing account?

I opened a Shares ISA and so was prevented from investing in my Cash ISA last year. After recently asking the HSBC to set up a monthly s/o for a regular amount into the Cash ISA I received a letter with form stating HM Revenue and Customs require me to complete a new application form - for an existing account; Why?

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