Can funds be transferred from my ISA account out to a non-ISA account?

You are free to withdraw funds from the ISA account to your personal bank account.

Note

  • Be aware that the IBUKL ISA is not flexible. That means, you can take money out, but it will count towards your annual ISA allowance if you pay it back in the same tax year.
  • ISA flexibility refers to whether the client is able to withdraw from the ISA without affecting the annual allowance. A flexible stocks and shares ISA allows the client to withdraw funds from their ISA and put them back into it, within the same tax year, without affecting their annual ISA allowance. IBKR does not offer flexible ISA at this time.
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