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Paying out to account with a different name


tommee

Question

I am using the platform to sell my Oracle shares in $ and fund my sons time at University in the USA.  Obviously I do not want to currency convert so I setup a US $ account in the UK before he went and then transfer the $ to the account he has setup for himself in the USA.  I have just been informed by my Bank that they are no longer going to offer a $ account so ideally I would like to setup my sons account to transfer the proceeds of my share sales as and when I need to top him up directly from my IG account.  This would be much easier than finding another provider in the UK creating a new account for me which I then transfer from one to the other.  Is this possible?

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