In-specie transfer šŸ‘Øā€šŸ”¬

Hi @Bogi.H

What information can you share about the progress of In-Species transfers and when it will be available? Alternatively, when is this topic scheduled to be reviewed by your team and could an update be shared at that time?

If this feature was available, I could be tempted to move all my investments away from HL to here, even at a fee.

All the best,

Unknownuser

@altitude, @Unknownuser, we are actively working on the feature but cannot provide an ETA. Once there are further updates, I’ll share them in the thread. Appreciate everyone’s patience :pray:

:mailbox: Portfolio transfers - coming in early 2024

Are we having a ā€œone more thingā€ moment?!
What the hell! :heart_eyes:

Well done guys :+1: :smiling_face:, really gunning for the likes of HL. Funny thing is that they wouldn’t even respond by lowering fees. Terrible mistake owning HL shares.
Any plans to float T212 maybe next year? Come on @Tony.V you owe me that much :wink:

@Tony.V Thanks for the update!

By ā€œEarly 2023ā€ are you allowed to be more specific? Would love more info to read.

We can’t give a precise date for rolling out the feature, but we’ll keep you posted.

I’d totally smash the buy button if Trading 212 listed.

Very good news! Keep it up!

i have a large holding in a small uk market cap company which is marked on 212 as ā€˜Restricted for volatility’ . if i do a transfer will it be in sell only mode?

This is very welcome. I’d like to transfer in specie from Halifax and Vanguard (partial transfer - just ETFs as I also have funds which can’t be transferred to T212). to my ISA

Which company are you referring to so I can check?

Same query from me: I was speaking to my broker about transferring BNOX but couldn’t find it in the Trading212 app… yet I can see community messages from 2021 saying BNOX was live for trading.

What do we do about stocks T212 don’t currently have set up to trade but we want to transfer in? @KrisG

Theres a few. Suddenly when the micro cap uk bear market started and i wanted to start positions in companies they stopped trading, right at the very bottom! Plexus, Rosyln data services, Westminster, I-nexus

hello. I have a brokerage and i am going to completely sell out of all my holdings and will be fully cash in a ISA shell. When will i be able to do a ISA transfer and will i be able to do it just as a cash not as a specie?

You’ve been able to do this for years.

You can and you’d better do this ASAP so you’ll have the cash ready for the 11th of January when the higher interest rates kick in.

@bmbm365, @haggis_mince In relation to moving suspended shares: If a stock isn’t tradable now, we can’t transfer it. Volatility halts usually lift within a day, but if a stock is suspended by the exchange or regulator (e.g., Gazprom), it might take months or years to get back to normal, if at all.

To put it simply, we can only transfer shares that are actively tradable when you submit your request.

Could someone transfers in-specie, stocks or ETFs listed in exchanges or segments (e.g. some segments of LSE) but not available at the moment in T212? (As those are tradable in their respective exchanges and segments.)

We’ll only be able to transfer shares that we currently support.