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CMC Invest simplifies online transfers and offers bonuses

CMC Markets recently launched its stock trading and investing app CMC Invest announced the launch of a new ISA and trading account transfer service。

CMC Invest Launches Accessible ISA

CMC Invest argues that existing account transfer methods are too slow and opaque, often relying on manual mailing of documents, which are then filled out by the recipient and returned to the sender through the post office, wasting time in the information turnaround process。As a result, CMC Invest team launches fully digital, barrier-free ISA transfer service。

CMC Invest's full range of transfer services

CMC Invest customers can now complete account transfers online in just 30 seconds。After submitting the application, customers can track the progress of the application and funds with just one click of a button。

Alister Sneddon, head of product at CMC Invest, said: "Switching utility or bank accounts online has become a common phenomenon, with a predictable and clear process.。So shouldn't switching investment providers be equally clear?"

He added: "We took that into account when we built our simple transfer process.。We provide self-service to our customers to keep them informed about their assets。Every stage of the entire process is tracked in the application, and the customer is within reach。"

    CMC Invest Free Transfer with £250 Bonus

    CMC Invest does not charge any transfer fees, and customers can also transfer all or part of their existing accounts to the company.。

    In addition, CMC Invest offers a bonus worth £50-250 to customers who transfer a General Investment Account (GIA) or International Investment Account (ISA) to the company, depending on the amount transferred to the account.。An account worth between £2,500 and £4,999 gets a £50 bonus, while an account worth £50,000 or more gets £250。

    Customers making ISA transfers also have the option to upgrade to CMC Invest Plus, a premium subscription service, to open a flexible equity ISA。

    Taking the account transfer process online is a smart move for CMC Invest, which will help speed up management at the end of its chain。While there is no guarantee that the company on the other end will process transactions faster, this is an important step in the right direction。

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