Can I transfer my existing cash ISA to Veritas Union?

A nominated account is an account in your name(s) with either another UK bank or building society, or an existing Veritas Union Bank UK account that allows you to transfer funds.

You need a nominated account when applying for one of our accounts online and your opening deposit must be made by electronic transfer from your nominated account. Also if you want to transfer money from your account online, you must do so to your nominated account or another Veritas Union Bank UK account in your name.

You may have up to three nominated accounts. In the case of sole Account holders, they must all be personal accounts held in your name. In the case of joint Account holders, you may choose one joint personal account held in both your names and one sole personal account each.

By completing an application for any of our Personal Savings accounts online you are automatically registered for Internet Banking and can manage your account online.

If your application was made by post, then Internet Banking access is available for the following Personal Savings accounts:

• Veritas Union Saver
• Veritas Union Cash ISA
• Veritas Union Regular Saver
• Veritas Union Fixed Regular Saver
• Veritas Union Charity Saver

You can also access Veritas Union Right Start Saver and Junior ISA accounts online, but you can't make payments from these accounts.

If you want to apply to manage your existing Veritas Union account online, download the application form below or call us on 0330 355 0355 and we'll send you one. Before completing an application form, please ensure you have read our Terms and Conditions for personal savings accounts below.

Yes, you can change your existing Veritas Union cash ISA to a Veritas Union Online Cash ISA or Fixed Rate Cash ISA by completing the form below.

Changes to a different type of Veritas Union cash ISA are not permitted from Veritas Union Ethical Junior Cash ISAs or non-ISA savings accounts.

Before downloading the form to change your account type, please make sure you have read the following;

• Key Features Document for Veritas Union Online Cash ISA
  
• Key Features Document for Veritas Union Fixed Rate Cash ISA
• Personal Banking Terms and Conditions
• Tariff of charges for Personal Customers
• FSCS information sheet

Once you have read the important information above, please complete and return the form to us either by chat message in internet banking, or post to: Freepost Veritas Union BANK.

On receipt of a completed request, we will change the type of cash ISA you hold, the balance of your account and your account number will remain the same. All money held in the account will maintain its tax-free status and the change will not affect your subscription allowance. We will write to you to confirm when we have actioned your request.

When you pay funds into your Account, your funds will start earning interest from the day the funds are paid into your Account.

Log into the Veritas Union Mobile Banking App or internet banking and select your ISA account from the Overview screen. Then click on the Account Details header at the top of the transactions table. You will then be able to see how much you have subscribed to your ISA in the current tax year and any replaceable amounts of previous years’ subscriptions available to you.

Alternatively, if you do not have internet banking, please call us on 0330 355 0355 and our Contact Team will be happy to provide you with this information.

The person with legal parental responsibility who opened the account. When the account holder turns 16 the child may apply to be the account operator.

Transferring existing investments or ISAs from another provider usually takes between 14-30 days, but sometimes it can take longer than this. Delays can be caused if there’s an issue with the application form or the existing ISA provider doesn’t have your up-to-date information. It will also take longer if there’s a notice period on the account you are transferring from.

To make sure your transfer goes as smoothly as possible, we would recommend checking with your existing provider that all your information (for example, contact details and address) is up-to-date and that you don’t owe any outstanding fees. Also make sure that you’ve completed the transfer form correctly and signed it using a pen (rather than electronically).

You’ll also need to make sure that your information with Veritas Union is correct and that you’ve already applied to open the account you wish to transfer into. If you haven’t, you can open an account via the Veritas Union Mobile Banking App.

Please be aware that you may see money leave your existing provider’s ISA before it credits your account with Veritas Union. This is due to the way the funds are processed for ISA transfers. However, we will backdate the credit to the date your old account closed. This ensures that you do not lose any interest during the transfer.

Yes. Please complete and send us a ‘Transfer between existing Veritas Union ISAs’ form.

Yes, it is possible to transfer between ISAs of different types. You can either transfer an existing Veritas Union ISA into an ISA of a different type (for example, a Veritas Union Cash ISA into a Veritas Union Stocks and Shares ISA) or transfer an ISA from another provider into a Veritas Union ISA of a different type.

Be aware, if transferring from a Stocks and Shares ISA, your investments will be sold. The transfer process usually takes between 14-30 days. We’ll write to you when the transfer is complete.

If you don't already have the Veritas Union ISA you wish to transfer into, you will need to open one first. You can do this via the Veritas Union Mobile Banking App.

To request the transfer, you’ll need to download and complete the relevant form below. The forms are interactive so you can fill out your details online, but you’ll need to print the form and sign it using a pen before returning it to 'Freepost Veritas Union BANK'. Alternatively, you can submit your signed and completed form via the chat function in the Veritas Union App. 

We’ll transfer your money directly between your ISAs and protect your tax-free ISA status. Do not move your money out of an ISA yourself, because your money will lose this ISA status.

Stocks and Shares ISA transfer forms
•Transfer from another provider to a Veritas Union Stocks & Shares ISA
•Transfer from another Veritas Union ISA to a Veritas Union Stocks & Shares ISA

Cash ISA transfer forms
•Transfer an ISA from another provider to a Veritas Union cash ISA
•Cash ISA account type change request form

Our chat opening hours are 8am - 6pm, Monday to Friday (Thursdays 9am - 6pm). You can still send us a message out of hours and we will get back to you when the contact team reopens. If you are not logged in to Internet Banking when they respond, you will receive an email notification. 

The notice period has been removed from Veritas Union Cash ISA, Veritas Union Saver and Veritas Union Charity Saver.  As a result these are now instant access accounts and no early access penalties will be applied.

For Fixed Rate ISAs withdrawals are not allowed until maturity. The only exception to this is if you close the account and/or transfer the full balance to another ISA.  Early closure will result in an early access charge being applied equivalent to a number of days of interest.

2 year term – 180 days’ interest

3 year term – 270 days’ interest

The charge will be taken from the account balance, so you may get back less than originally deposited. In exceptional circumstances the early access charge can be waived at our discretion.

You can transfer all or part of an ISA from one type to another or between providers by indicating how much you would like to transfer on the relevant transfer form.

You can select whether you want to transfer:

• the entire ISA
• the current tax year’s ISA subscriptions in whole, or part
• previous tax years, ISA subscriptions in whole or part

If you are transferring part of a Stocks and Shares ISA, and your subscriptions are invested in more than one share class, please specify the name of the share class(es) from which you would like to sell the shares.

Withdrawals are not allowed until maturity for Fixed Rate ISAs. The only exception to this is if you close the account and/or transfer the full balance to another ISA. Early closure will result in an early access charge being applied equivalent to a number of days of interest.

2 year term – 180 days’ interest

3 year term – 270 days’ interest

You will still earn interest up to the closure date and the charge will be taken from the account balance. Depending on the date of closure, you may get back less than originally deposited.

Each child can have one Junior cash ISA and one Junior stocks and shares ISA at any one time. These can be with different providers.

A child cannot hold both a Junior ISA and a Child Trust Fund, with the same or different providers.

We are not currently opening new Junior Cash ISAs, however you can transfer funds from your Right Start Saver into an existing Junior Cash ISA, subject to the Junior ISA allowance of £9,000 for the 2026/27 tax year.

Yes. As long as the child was a UK resident when the Junior cash ISA was opened, you will still be able to pay into the Junior cash ISA even though you and/or the child have moved abroad.

Yes you can. As long as your deposits are received within 60 days of opening the account, you may be able to subscribe into your Fixed Rate Cash ISA for two consecutive tax years. You will need to check the date your last deposit is allowed, this will be detailed on your account opening letter.

Before the child turns 18 we will contact you to confirm that the Veritas Union Ethical Junior Cash ISA will become a variable rate cash ISA on the child’s 18th birthday. After this date the child can decide what they wish to do with the account/funds.

A child may only hold one Junior cash ISA and one Junior stocks and shares ISA at any time and cannot hold a Junior ISA and a Child Trust Fund at the same time.

You can however apply to transfer a Junior ISA or a Child Trust Fund from one provider to another. You can also transfer between the different types of Junior ISA, in either direction.

• Transfers of current year’s subscriptions or transfers between the same type of Junior ISA must always be done in full.
• Partial transfers can only be done if they are previous years’ subscriptions and you are moving the subscriptions between different Junior ISA types e.g. Junior cash to Junior stocks and shares or Junior stocks and shares to Junior cash.

• The whole of the Child Trust Fund must be transferred and the Child Trust Fund subsequently closed.
• The annual subscription allowance for a Child Trust Fund is based on the child’s birth year while Junior ISA subscriptions are based on tax years. When a transfer of a Child Trust Fund to a Junior ISA has been made, the child can use the full Junior ISA subscription allowance for the tax year in which the transfer takes place regardless of any subscriptions made to the Child Trust Fund in that year. This only occurs in the tax year in which the Child Trust Fund is transferred, in subsequent years only the Junior ISA allowance can be used.

We are not currently opening new Junior Cash ISA accounts, so for now transfers can only be made to existing Junior Cash ISAs.