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Transferring Positions Internally

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 transfer positions internally

Click Funding > Position Transfers.
In the Transaction list, select Transfer Positions Internally.

The Internal Position Transfers page appears.

Select the source account from the Origin Account Number list, then click Continue.

Or click Cancel to cancel the transaction.

Select the destination account from Destination account number list, then click Continue.
Type the username and password of the destination account in the fields provided, then click Continue.
All available positions in the destination account are displayed on the screen, including symbol, asset class and available quantity. Complete the position transfer information by entering the number of each symbol that you want to transfer in the Transfer Quantity field, then click Continue.
For any position that you do NOT want to transfer, leave the Transfer Quantity field blank.
Verify the position transfer information, then click Continue to complete your internal position transfer request.

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

For more information