Transfer of Funds from parents to child

I have recently received some inheritance money from a UK investment fund, but due to legal weirdness, it is currently in my parents bank account, as the initial inheritance was set up in their name when I was a child. My parents are UK citizens but Swiss residents, and pay Swiss tax. I am a UK citizen and pay UK tax. Would there be any legal or tax implications of them transferring the 5 figure sum of money from their Swiss bank account to mine (a UK bank account)? Thanks

Hi,
 

If it has already been declared as part of the deceased's estate for inheritance tax purposes, there is no tax implications for you as an individual  . Thank you.

In this instance, the individual is not dead, they have simply decided to hand out their will early. Basically, are there any tax implications for transferring a 5 figure sum from a Swiss bank account owned by a Swiss resident, to a UK bank account owned by a different person (me, in this case)?

Hi dreadzone50,
No, cash gifts are not taxable.
Any interest you generate from the gift, however, is taxable.
Thank you.