When making a transfer from your Capital One Investing? account to a non-Capital One Investing brokerage account you can request either a partial transfer (transfer of specific assets) or a full transfer (transfer of all assets). Follow the instructions below to request a transfer out of your Capital One Investing account:
First, you will need to obtain a copy of the receiving broker's account transfer form. When completing the form, you'll need to list:
- Whether you are completing a partial or full transfer
- The ticker symbol of the securities to be transferred
- The number of shares to be transferred
- The amount of cash to be transferred
When requesting a transfer, only whole shares may be transferred. Fractional shares cannot be transferred and are liquidated for a full transfer or left in your Capital One Investing account for you to hold or liquidate for partial transfers. Please note that option contracts cannot be transferred if they are within 30 days of expiration.
For partial transfers, there is a cost of $15 per security being transferred, and $15 for any cash, up to a maximum of $75.
For full transfers, there is a cost of $75. This includes the transfer of all whole shares of securities held in your Capital One Investing Account, the liquidation of any partial shares (as needed), and the transfer of the cash balance.
When you submit the transfer form, please let the receiving brokerage know that Capital One Investing is not an ACATS (Automated Customer Account Transfer System) eligible broker and that the transfer will need to be completed manually. In addition, the form must have a Medallion Signature Guarantee.
Please be sure to include a printout of your most recent Capital One Investing account statement with the transfer form. If you are transferring an IRA or ESA account, please also include a Letter of Acceptance from the firm you are transferring to. Once we receive your paperwork, an alert message will be posted to your account within three business days. Please note we cannot accept paperwork that has been altered in any way (e.g. items cross out or overwritten). Once the transfer is approved, it will take approximately 30 days to complete.
Tip: If you wish to prevent further investments while you are in the process of requesting your transfer out, you will want to switch off your ShareBuilder® investment plan. Also, if on the Advantage Pricing Program, you can unsubscribe to the Basic Pricing Program to prevent further monthly subscription charges (but you will not be able to sign up again in the future as this pricing is no longer available to new subscribers). Lastly, please note it is not possible to use a wire withdrawal request to transfer assets an external investment account. If you simply wish to withdraw funds from your investment account via wire, click here for instructions.