Question on transfers (Vanguard)

Morning @TInvest

You’ll be able to transfer in/out in specie London-listed ETFs like the one you mentioned. There aren’t any fees on these transfers.

The only fee that can arise with a transfer out is related to US listed shares. The US central securities depositary charges a fee per line of stock to transfer between accounts. We pass this fee on when processing transfers out to cover the cost at a rate of £17. NOTE: I got this mixed up earlier and said it was $17 US. That was a mistake! We don’t make anything from this fee regardless, it’s all passed directly on to our US broker dealer.

We don’t (right now) offer the ability to transfer European listed shares in specie.

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