IBKR only supports the transfer of securities in bearer form (Au porteur). IBKR does not support registered securities (Nominatif) unless the securities are classified as "mandatory registered securities".
If you hold at your Plan d'épargne en actions (PEA) provider "non-mandatory optional registered securities", you can usually ask your provider to de-register for you before you transfer.
Note
- Securities can be held in two different forms in France, which is "registered" and "bearer".
- Bearer Form - Bearer securities are held by a financial intermediary (investment firm) chosen by the shareholder, which is the only one to know the shareholder`s identity, while the issuer does not know the shareholder`s identity and status.
- Registered Form - The shareholder`s identity is recorded in the issuing company`s books.
Additional Information