In order to convert your Orca Account to an ISA Account, we must sell your loans at the underlying platforms held in your portfolio. The time it takes to sell loans and withdraw cash depends on the liquidity of the underlying platforms. This means it may take some time to withdraw the full value of your portfolio. As cash is withdrawn, it will be re-invested via your Orca ISA until the full value of your original account is sold. To be clear, it may appear like there is less than your original account value being invested via your ISA, but in time the full value of the account will be re-invested.
We will aim to complete the conversion of your account in 31 days.