Can I transfer my Innovative Finance ISA from another ISA manager into IBKR?

Yes, clients are able to transfer Innovative Finance ISA (IF-ISA) from another ISA manager, into their ISA account with IBKR. You will need to submit a transfer instruction to Interactive Brokers (go to Client Portal, Transfer & Pay, then Transfer Existing ISA), and if, in IBKR's discretion decides to accept the transfer then IBKR will instruct your existing ISA manager to transfer your investments (if such investments are supported) and/or cash into your IBUKL Stocks and Shares ISA.

Where IBKR does not support all your investments held at your existing ISA Manager, you can either liquidate these investments yourself prior to submitting your transfer instruction to IBKR or you can instruct IBKR (as part of your transfer instruction via Client Portal) to liquidate these investments on your behalf.

Note

  • You will need an open and active ISA account with IBKR to be able to raise the request.
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