Transferring your Investments

Once you’ve opened either a Barclays Investment ISA or Investment Account, you can move your investments across in just four simple steps:

The benefits offered by a Smart Investor account include transparent and straightforward fees, a cutting edge user-friendly platform and access to essential tools and resources.

Before you transfer

Before transferring your investments, find out about any charges, exit penalties, benefits you may lose or investments that you can’t transfer to us. We’ll rebate transfer-out charges up to a maximum of £500. You can view the terms and conditions of this offer below

Transferring in cash

If you’re transferring cash after selling your investments and maybe planning to repurchase them, remember you’ll be ‘out of the market’ for a time. That means you’ll miss out on any rise in value and on any income from these investments during that period. You’d also miss out on any corporate actions such as rights issues and on voting rights as well as any Shareholders’ benefits, for example, discounts on services, which you may not receive on the same terms when you repurchase the shares.

There’ll be dealing charges to sell and repurchase investments. If you make capital gains outside of ISAs that exceed your annual allowances, you’ll need to pay capital gains tax. Remember, tax rules can and do change and their effects on you will depend on your individual circumstances.

Transferring existing investment holdings

There’ll be a period during the transfer when you won’t be able to sell existing investment holdings. How long this period lasts will depend on the assets you hold, but it may also be affected by how quickly the broker you’re transferring from can carry out the transfer and whether it’ll accept an order to sell while making the transfer. There may also be delays in receiving dividends, other income and information, as well as delays to exercising shareholder concessions or receiving notification of voting rights or corporate actions, such as rights issues. These could affect your ability to respond where deadlines are shorter.

Transfer

The value of investments can fall as well as rise. You may get back less than you invest. Tax rules can change and their effects on you will depend on your individual circumstances. Before transferring your investments, find out about any charges, exit penalties, benefits you may lose or investments that you can’t transfer to us.