In Specie Transfers

[Crayzee]

I own a few L&G shares, can I transfer these into my IG account or do I need to sell and transfer cash?

[KoketsoIG]

47 minutes ago, Crayzee said:

I own a few L&G shares, can I transfer these into my IG account or do I need to sell and transfer cash?

Hi @Crayzee,

Thank you for your post.

Please note you can transfer Legal General Group PLC shares, with ticker LGEN  to your IG account. 

All the best,

KoketsoIG

[Crayzee]

Thanks KoketsoIG, can you direct me to info on this process please?

[KoketsoIG]

1 hour ago, Crayzee said:

Thanks KoketsoIG, can you direct me to info on this process please?

Hi @Crayzee,

Please note that the process differs depending on where your transferring broker is from:

In order to initiate a transfer from a UK broker, you need to:

1. Log into your IG dashboard, if you hold an active share dealing/ISA account with us

2. Go to the ‘live accounts’ tab.

3. Click on the drop-down list and select the relevant share dealing/ISA account you’d like to switch to.

4. Transfer to a share dealing account by selecting ‘stock transfer’ or click ‘ISA transfers’ for ISAs.

5. Select ‘start request now’ and respond to the prompts that follow.

6.Print the generated document with pre-populated information and place a wet signature on it. Email the signed document to transfers@ig.com or post it to the address on the form.

7. Use your IG dashboard to track transfers you’ve made. While we make every effort to communicate the progress of your transfer via email, it's your responsibility to follow updates on your My IG dashboard.

If your broker is based outside the UK or in the US, they will have to initiate the transfer from their end.

You can find the full transfer process on our website: Transfer In

All the best,

KoketsoIG