Withdrawal timescales?
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Not sure about others but I think it would be handy to have a guide on withdrawal times.
I moved some funds to MM thinking it would be a smoother withdrawal but still nothing arrived.
(Nik did try and give it a nudge before going away)
Perhaps a email address to ask that department?
withdrawal@Cobens to check what’s going on? -
Hi Gents
Apologies Dingg, I remember your suggestion and thought it was a good one and then didn't put the post up.
As mentioned elsewhere we have a number of interface upgrades in place which will look to streamline a lot of the admin processes that we run and this should not only improve efficiency but should also see you get quicker turnarounds and more info along the way so you can track the progress of a request.
That said in the meantime typically time lines are :
ISA/GIA 5-7 working days this allows for sell down of the asset and transfer of funds to your nominated bank account
Pension 4-6 weeks, This allows for the HMRC/Pay Roll process and then sell down of assets and transfer of funds to your nominated bank account
Pension payments can on occasion be quicker but use the above as a guide
