How does Trading 212 manage the Additional Permitted Subscription process for a deceased / surviving spouse?
Hello, we have a Help Centre article that briefly covers the procedure in such situations.
If you have any specific questions on the Additional Permitted Subscription process, please send me a DM - I’ll assist you further right away.
Thanks for your response.
Fortunately neither myself or my spouse are deceased, I just like to be organised.
The implication of the help article is that Trading 212 does not follow the Additional Permitted Subscription process?
And therefore the ISA would be closed and funds disbursed to the estate rather than the surviving spouse being granted the Additional Permitted Subscription which allows them to deposit an amount equal to the entire balance of the deceased spouse’s ISA.
Can you confirm?
Yes, we can facilitate a transfer following the Additional Permitted Subscription (APS) procedure.
In case the ISA you’re transferring is with another broker, it will be best to discuss the procedure with them. If both ISAs are with us, we’ll make sure to guide you through the whole process step by step 