Morning folks, newbie here, not long opened an account and I’ve deposited £100 cash in from bank account to the ISA portfolio. Deposited 12:30 24/01/25. When will this be invested in the equities and the funds that I’ve chosen in my portfolio? Or do I have to do something myself?
And as an aside, when will the app show ‘in progress’ that the ISA transfer that i have set up. I’ve only got email confirmation at this point.
It depends if you have auto-invest on. If you do then it will be invested at the next trading window (14:30 on Monday). If not then you need to place the order yourself.
If yes - your orders should be actioned in the next trading window, aka Monday 27/01, if the money is in your account.
Same goes for when you click on Transactions - as long as you can see the orders showing there - they should be actioned in the next trading window on Monday 27/01.
ISA transfers I’ve done have taken a couple of weeks. At first no sign of action on the app, then suddenly it all happens. You might want to check with our originating account starting in about a week’s time in case they’re asking for your approval for the transfer - some do, some don’t.
Cut-off for manual orders is 2pm, but it is mid-day for auto-orders. So you were a bit late for Friday.
Assuming you have chosen ETFs and allocated percentages in your portfolio, you should be good for Monday.
You won’t see the result until early evening (usually), so don’t think it failed before then.