Security transfers from your UK-based financial institution to your IBKR account may be subject to additional requirements before your institution can process the outbound transfer.
Unlike institutions in other regions, UK financial institutions are required under their own regulatory obligations to collect and verify specific client details prior to processing an outbound transfer. If this information is not included with your transfer request, your institution may delay or reject it.
What additional information does my UK financial institution require?
The following details are typically required:
- Date of Birth (DOB)
- National Insurance Number (NINO)
- Residential Address
- Account Type: General Investment Account (GIA) or ISA
- Client Signature & Date
Important: All details must match exactly across both accounts. Any discrepancies may result in delays or rejection of the transfer.
How do I provide this information to my UK financial institution?
Once your inbound transfer request is submitted in Client Portal, IBKR will generate a Customer Account Transfer - Letter of Authorization (LOA). This document contains the standard transfer details accepted by most global institutions, but does not include the UK-specific fields listed above.
Please print the LOA and handwrite the required additional details, along with your handwritten signature and date, before submitting it to your UK financial institution. Please note that digital signatures are generally not accepted.
If you did not download the LOA during the transfer submission, you can retrieve it at any time by following these steps:
- Log in to Client Portal
- Navigate to Transfer & Pay
- Click Transaction Status and History
- Search for your FOP transfer order
- Click "View Form" to download the LOA.
Note
- Requirements may vary between institutions. Your UK financial institution may also have their own forms or procedures. We recommend contacting them directly before initiating your transfer to confirm their exact requirements.