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Internal Position Transfers

The Fund Transfers page lets you transfer positions internally from your IB account to another IB account.

The following rules apply to internal position transfers:

• Account Titles of both accounts must match.
• The country of legal residence of both accounts must match.
• For US account holders, the US tax ID (Social Security number) of both accounts must match.
• For non-US Individual account holders, the ID number, ID type (passport, driver's license, national ID, or alien ID) and ID-issuing country must match. For joint non-US account holders, the IDs of both first and second holder must match.
• For non-US Organization account holders, the government-issued ID and issuing country of both accounts must match.
• Linked accounts can use this type of position transfer.
• Position Transfer Requests are processed during regular trading hours. Requests submitted outside regular trading hours will be processed the next business day.
• The receiving account must be funded prior to the position transfer.

To enter an internal position transfer

1. Click Transfer & Pay > Transfer Positions.
2. In the Transaction list, select Internal Transfer The Method is automatically set to Position Transfer.

   

3. The Transaction Information section shows the available destination account (the account to which you want to transfer assets) and all available assets in the source account.

   

4. Select assets to transfer by clicking the box on the left side of an asset row, then entering the number of shares or contracts to transfer in the Quantity field.
5. Click CONTINUE.
6. If prompted on the next screen, verify your identity and enter the confirmation number we emailed to you.
7. Click CONTINUE.

Position transfer requests are processed during regular business hours. Requests submitted at other times will be processed on the next business day.