cashISA transfer mine to my wifes?

A question about : cashISA transfer mine to my wifes?

Hi,

I wonder if someone can lend their expertise?

Is it possible to transfer cashISA funds that are in my name to a new cashISA to be opened for my wife (at a different provider)? I understand that it's possible to change providers and transfer the entire funds so long as the account is in my name, but what if i want to do otherwise?

If the question sounds daft, pls do pardon my ignorance.

Pls hlp.

-Theo

Best answers:

• No. ISAs may not be transferred - just the cash inside them. You can close your ISA (subject to account conditions) and open an ISA for your wife - but only if she has not done so this year already.
  Make sense?
• Theo.
  Answer is NO. :-/
  Reason is: Because that's the rules!
  You can transfer contents of a cash isa in your name to another cash ISA in your name (as long as you don't close it down first) but NOT to an ISA in someone else's name.
• Milarky & laminki.......
  Thanks for to you both for the advice......