All payments made into a Junior ISA belong to the child (i.e., all payments made into the Junior ISA are a gift to the child and as such cannot be repaid to the subscriber if at a later date the subscriber changes their mind). The parent or guardian who opened the Junior ISA acts as the registered contact, but they cannot access the money once it has been deposited, unless there are exceptional circumstances. When your child turns 18, they can open a new adult IBUKL Stocks and Shares ISA via the IBKR website. Once the new adult IBUKL Stocks and Shares ISA is open, your child can submit a request for the funds to be transferred from the IBUKL Junior Stocks and Shares ISA to the new adult IBUKL Stocks and Shares ISA.
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