In order to transfer an existing RRSP account to IBKR, you will first have to open a RRSP account with IBKR.
Once you have done that, you can request an ATON position transfer from Client Portal. Please ensure you have your correct broker information and your full account number. Also, please note that IBKR only accepts ATON transfers for registered accounts.
Use the button above or follow the below procedure to initiate an ATON transfer:
- Log in to Client Portal
- Click the Transfer & Pay followed by Transfer Positions menu option
- Select Incoming
- Select the Region as ("Canada")
- Select ATON (Automated Transfer Online Notification) from the Method menu and provide your Broker Information.
Non-ATON Eligible Transfer
To initiate a non-ATON transfer into a RRSP account:
- Completion of IBKR's "RSP and TFSA Transfer" Form, requesting a CAD check for the proceeds of the account to be mailed to Interactive Brokers Canada as a transfer
- Interactive Brokers CanadaAttn: Document Processing1800 McGill College Avenue, Suite 2106Montreal, QuebecH3A 3J6
- Send the completed form to contra firm (current financial institution), and forward a copy to IBKR via ticket or by email to newaccounts.ca@interactivebrokers.com
Please Note
- Only CAD is accepted, and a check must be made payable to Interactive Brokers Canada.
- Client's name and IBKR account number should be indicated within the memo section of the check, or on the accompanied transfer documents
What are the next steps?
Nothing is needed from your end. The process for ATON is automated.
Once ATON Transfer has been initiated, you may monitor the status of your transfer request through the Transfer & Pay -> Transaction History menu options in Client Portal.
Timing
- For ATON eligible brokers, most assets transfer between 3 to 8 business days, but it varies depending on your broker.
- For non-ATON eligible brokers, timing is wholly dependent on your broker delivering the check of the proceeds to IBKR. The check is also subject to a deposit hold for 6 business days.
- IBKR will provide status on your transfer under Transaction Status & History.
Fees
IBKR does not charge a fee for the transfer, however, your current broker may apply a fee to the outgoing transfer. The fee will be included on the transfer to your IBKR account. It is advised that you pre-fund your IBKR account to cover any fees charged by your broker.
Please Note
- If your broker is not an ATON participant, you will be unable to transfer your RSP to IBKR via ATON. If your broker is an ATON participant but does not appear in our list, please contact Client Services and provide us with the corresponding CUID in order to update our list.
- IBC does facilitate manual or "non-ATON" RSP inbound transfers (from another financial institution).
- IBC does not support RSP outbound or inbound transfers (to or from another financial institution) via Free of Payment (FOP) or Direct Registration Statement (DRS).
Additional Information
- Position transfer methods on the IBKR website.