Cash transfer or transfer of investment funds from another institution
There are 2 methods to contribute your capital to inbestMe, depending on the type of portfolio:
1. Cash transfer: To do this you must first start your registration in inbestMe, digitally sign the contract and, once you have informed your bank account of origin, we will show you the destination account and concept that your transfer must have. There are two types of transfers:
1.1. Easy Transfer: Within the inbestMe environment, we will connect with your bank (PSD2). Once you have confirmed your credentials (Username and Password) you will be able to indicate the amount you wish to transfer (for more information, we recommend you read this article).
1.2. Traditional Bank Transfer.
Bank transfers are sent to an account in BBVA (Spain)
inbestMe does not charge any fees for receiving transfers. But, depending on the conditions that the customer has with his bank, there may be some cost in the operation. This fee (if any) will be charged to the customer.
2. Transfer your funds:
If you have investment funds in another bank, you can request to transfer them to your inbestMe Kids Account and start investing without having to contribute cash. Such a transfer will not be taxed, as it will not have been necessary to liquidate your funds before transferring them. There are also two methods for requesting transfers to inbestMe.
2.1. Easy Funds Transfer: Within the inbestMe environment, we will connect you to your bank (PSD2). Once you have confirmed your credentials (Username and Password) you will be able to select those positions that can be transferred (for more information, we recommend this article).
2.2. Traditional Funds Transfer: you will have to manually indicate the name, the ISIN of the funds you want to transfer and the amount in euros you want to transfer. Remember that transfers (investment funds) can be total or partial.
It is essential that the funds come from an account with the same holder and that they coincide with the holder of the inbestMe Kids Account. The Kids Account holder is the minor. The adult, is listed as authorized until the holder is of legal age.
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