In-specie transfer 👨‍🔬

Does it take too much to ask for a bit of patience?

They have responded several times above in this thread. What more of a response are we expecting?

Here is the link I shared earlier as you clearly missed their communication.

@mubix77, despite my desire to be as precise as possible, we do not want to make false promises. When we rely on external providers for this feature, any ETA will be rather a guestimation. As promised, we will keep you in the loop.

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Wait till you hear it’s only for ISAs.

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Thanks for the update @Bogi.H Appreciated!

I am also very excited about the planned feature however I would rather have t212 honest and open about timelines than breaking promises.

But I wanna also say, setting out a conservative achievable timeline publicly has its merits too.
It is a powerful tool indeed to show off a company’s dedication, capability and performance.

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Ibkr have finally updated their information page they accept isa transfers, although only full account transfers allowed for now.

I think we could get an update soon that 212 is working at it again after it has been frozen for so long

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What does full account mean

The whole account for example if you have 25 shares of apple you have to transfer all you can’t just transfer 10 or 15 the whole account

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Right thanks, do you happen to know if you can transfer individual ISA positions then? If you have more than one stock

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I believe yes but this is interactive brokers for now, 212 haven’t implemented it yet so we still have to wait but i think this year will finally be done

It means the entire ISA must be transferred they (IBKR) don’t accept partial transfers at the moment.

It’s been another 2 months, still no update to give?

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With the end of the tax year approaching it would be nice to have some roadmap and clarity both for the isa and general invest account, before committing any more funds

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I have stopped adding funds, will not add anymore until this issue is dealt with.

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Could we please obtain an update for the INVEST account?

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The promise of this feature has been going on for years. Ill be in the grave by the time they roll it out… so many vague responses, empty promises. What they dont understand is that this feature will make your platform more attractive and will be good for your client base.

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Approaching one year since the beta started.

Simply not good enough.

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That would be a valid point if T212 had any debt. Nobody going to the grave without debt :person_shrugging:

I’m not doubting you, but can you share the source of that assumption, please? Since T212 is not publicly traded I don’t think you can be sure of how their balance sheet looks like.

Their accounts are published once a year on the house of companies.
Last accounts are up to dec. 2021, 2022 should be in the coming months.

Edit: here’s the link for you :wink:

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With up to 200£ bonus for opening isa don’t you think it would be a good idea to have in species transfer available so it incentives people to open and transfer to 212

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