Absolutely! Here are the steps to do it 👇
- Go to your Account Menu
- Tap on Manage funds
- Select Move Cash
- Choose the amount and the account you wish to move it to
- Confirm, and your funds will transfer right away!
Are there any transfer fees?
We will not charge FX fees when transferring between accounts, regardless of currency. FX fee applies when you convert within the same account (e.g. Main pot -> Spending pot)
Are there transfer limits?
The transferred value should be equal to or above the minimum withdrawal amount.
Can I move cash into my SIPP?
Yes, eligible clients can move available GBP cash from another Trading 212 account into their SIPP. This is treated as a SIPP contribution and pension contribution rules will apply. Please review the in-app warning before confirming the move.
Can I move cash from my SIPP to another Trading 212 account?
No. Once money is in your SIPP, it cannot be moved back to your Invest, ISA, CFD or other Trading 212 accounts using Move Cash. SIPP funds can only be accessed under pension access rules or transferred to another pension provider.
How might transferring funds internally impact my ISA allowance?
When you transfer funds between your Trading 212 ISAs (for example, from a Cash ISA to a Stocks ISA), we will always transfer your current tax year subscriptions first. If the transfer amount exceeds your current tax year subscriptions, the remaining amount will be taken from your previous tax year funds. If you have no current tax year subscriptions, the transfer will be made entirely from your previous tax year funds.
Example: If you have contributed £10,000 to your Cash ISA this tax year and your account is worth £30,000, transferring £20,000 to your Stocks ISA will first move the £10,000 current tax year subscription, with the remaining £10,000 taken from previous tax year funds.
Your ISA allowance breakdown will update to reflect the transfer. Transfers of previous tax year funds do not affect your current tax year ISA allowance.
📄 Note
Transfers between an ISA and a non-ISA account (such as an Invest or CFD account) are always treated as current tax year subscriptions for ISA allowance purposes.