What will happen to my current account following Brexit migration?

Introduction

Clients who elect to close their account must first ensure that all balances (e.g., cash and positions) have been withdrawn or transferred before the account can be closed. Once closed, the account is then restricted from further transactions, however, there are situations where assets may be credited to the account despite it being closed. As disclosed at the point of account closing, cash balances credited to an account after it has been closed are automatically converted to the base currency, regardless of amount, since the trading platform is no longer available to facilitate conversions…

DOWNLOAD CLOSED ACCOUNT STATEMENTS

After an account is closed, the account holder retains access to Client Portal to view or print historical activity and tax statements via the…

CLOSE TFSA ACCOUNT

The first step to close a TFSA account is to transfer out all funds and positions…

No. Your user name, password and any 2-factor authentication process in place for your existing account will remain active following migration. You will, however, be assigned a new account ID for your migrated account…