How to transfer my Plan d'épargne en actions (PEA) account from my existing financial institution?
The PEA Transfer Position screen allows you to move your PEA account (Cash and Securities) from your current financial institution that carries your existing PEA account to IBKR. Your financial institution and IBKR will coordinate the transfer upon your entry of our transfer-in request form and any required information needed by your financial institution, such as complete forms or other verification requirements. Please contact your current PEA service provider and follow their guidelines for initiating the transfer to IBKR.
Timing: The transfer may take several business days to complete and strongly depends on your current financial institution. We advise that you ask them for their current processing times after you have provided them with what they require from you to proceed.
Fees: Determined by your PEA provider. IBKR does not apply any fees for transfers.
Enter an Inbound PEA Transfer
- Login to Client Portal
- Click Transfer & Pay then Transfer Funds.
- Select Transfer from Another Broker.
- Complete the information required on the PEA Account Transfer Inbound Information Screen and upload your PEA account statement.
- From the Confirmation Screen, confirm the PEA Transfer In information you entered is correct.
- Finally, please contact your current PEA financial institution and follow their guidelines for initiating the transfer to IBKR.
For status updates please refer to the Transaction Status & History in Client Portal.
Note: The transfer may take several business days to complete and strongly depends on your current financial institution holding your PEA account.
How to transfer my PEA account from IBKR to a new financial institution?
The PEA Transfer Position screen allows you to move your PEA account (Cash and Securities) from IBKR to another compatible PEA account at your other financial institution. Your financial institution and IBKR will coordinate the transfer upon your entry of the transfer-out request form in Client Portal. You will need to reach out to your financial institution to initiate the transfer and ensure they have received all that is required, such as complete forms or other verification's they may require from you. Please contact your new PEA service provider and follow their guidelines for accepting the transfer from us.
Timing: The transfer may take several business days to complete and strongly depends on the receiving financial institutions response times on our request. We advise to ask them for their current processing times after you have provided them with what they require from you to proceed.
Fees: Determined by your new PEA provider. IBKR does not apply any fees for transfers.
Enter an Outbound PEA Transfer
- Login to Client Portal
- Click Transfer & Pay then Transfer Funds.
- Select Transfer to Another Broker.
- Complete the information required on the PEA Account Transfer Outbound Information Screen.
- From the Confirmation Screen, confirm the PEA Transfer Out request information you entered is correct.
- Finally, please contact your new PEA financial institution and follow their guidelines to accept the transfer from IBKR.
For status updates please refer to the Transaction Status & History in Client Portal.
Note: The transfer may take several business days to complete and strongly depends on the receiving financial institutions response times on our request.