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 the IBKR 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. We do 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.
Additional Information