The destination account must have a valid W-8BEN if you are transferring US holdings. You cannot transfer shares between your ii accounts unless they are both registered to the same postcode. This rule does not apply to: Company accounts – directors authorised to trade on a company account can make transfers between it and a sole account with a different address. Trust accounts – you can transfer shares from a trust to beneficiaries with a different address. Transfers to resolve an estate – after an account holder has passed away, executors can transfer shares to beneficiaries to resolve the estate.

Internal transfers (transferring between your ii accounts)

Q: Can I transfer cash into my spouse’s ISA?

You can make an internal cash transfer into your spouse’s ISA if you both reside at the same address. This typically takes between 2 and 5 working days.

You can transfer cash or shares between your accounts.

Before you can make an internal transfer, you need to link the accounts you are transferring to and from.

Transfer shares between your ii accounts

You cannot transfer shares to a SIPP or an ISA by internal transfer.

If you want to make an internal stock transfer to your ISA, you can make a ‘Bed & ISA’ transfer. This involves selling the shares in your trading account and then repurchasing them in your ISA.

To transfer shares between your accounts:

Select Cash & Transfers > Transfer in from the menu.
Scroll down and select account to account stock transfer. Then click continue.
Choose the accounts would you like to transfer from and to.
Select the investments you wish to transfer. The holdings displayed are those which are available for transfer. Please ensure there are no pending limit orders on any investment you wish to transfer.
Confirm your internal transfer.

We aim to transfer shares between accounts within 10 working days. You will receive an email notifying you when the transfer has been completed.

Transferring stock between interactive investor accounts

Important notes

Transfer cash between your ii accounts

You can transfer cash in any of the nine currencies available on our platform. However:

You can only transfer sterling into a Stocks and Shares ISA.
You are unable to internally transfer cash from an ISA to a SIPP.
You cannot transfer cash online from a joint account to a sole account or vice versa. If you would like to do this, please call our customer service team.

To make an internal cash transfer:

Select Cash & Transfers > Withdraw/transfer cash from your account menu.
Click on Internal Transfer.
Choose the accounts you wish to transfer from and to. Also, your chosen currency and amount.
You can also change the Frequency to set up recurring payments. Please note that you cannot do this in ISA accounts.
Tick the box to confirm you understand the conditions of your transfer. Then click Check and Preview.
Confirm your transfer.

Internal cash transfers between linked accounts are immediate, so you should see the payment in your account straight away.

Please note that any internal transfers to an ISA will count towards your yearly ISA allowance.

Internal cash transfers between your joint account and your sole account typically take between 2 and 5 working days.

Can I transfer cash into my spouse’s ISA?