What happens with those that can’t be transferred? Do we receive them in cash in T212, or do they remain with Invest Engine?
If the shares can’t be transferred, you can either leave them in your Invest Engine account or move the cash after they’re sold.
@Bogi.H, @Veselin.V
Does anyone know how long does it take from shares from on account(HL in this case) to arrive in T212 account with a in specie transfer?
It’s a UK company shares; it disappeared from HL account yesterday, but still didn’t show up on T212 account yet.
Thanks
@JonSnow, transfers are typically completed within 30 calendar days. If you’ve waited more than that, drop me a DM and I’ll check the situation immediately.
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Thanks for reply @Bogi.H
The transfer is nearly finished now. The security left the HL account yesterday(doesn’t appear there anymore) and should arrive in T212 ISA account. But I was wondering how long does it take? For the last few transfers was the same day or in the worse scenario the day after.
The time it takes to receive a specific stock depends on the market on which the two brokers will settle the transfer. For U.S. or Canadian stocks, they’re usually removed from your other broker overnight and appear in your Trading 212 account the next business day. For all other markets, settlement typically takes two business days.
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Thank you.
It is a UK stock
Hello, is there any news about portfolio transfer to IBKR?
We don’t have an update about the portfolio transfers from/to IBKR, but development is already underway. As soon as there’s any news, we’ll let you know.
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