# Transfer of General Investment Account

**URL:** <https://community.investengine.com/t/transfer-of-general-investment-account/1066>\
**Category:** General\
**Created:** [19 July 2023 08:03 UTC](https://community.investengine.com/t/transfer-of-general-investment-account/1066 "2023-07-19T08:03:15Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![waterishail](https://avatars.discourse-cdn.com/v4/letter/w/fbc32d/32.png) [@waterishail](https://community.investengine.com/u/waterishail)\
**Post date:** [19 July 2023 08:03 UTC](https://community.investengine.com/t/transfer-of-general-investment-account/1066/1 "2023-07-19T08:03:15Z")

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Hi Folks,

Is it possible to transfer a General Investment Account from another provider to Nutmeg to avoid Capital gains tax withdrawing the money and then reinvesting it into Invest Engine?

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**Author:** ![Anna](https://dub1.discourse-cdn.com/flex017/user_avatar/community.investengine.com/anna/32/492_2.png) [@Anna](https://community.investengine.com/u/Anna)\
**Post date:** [19 July 2023 11:44 UTC](https://community.investengine.com/t/transfer-of-general-investment-account/1066/2 "2023-07-19T11:44:30Z")

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Hello,  
Kindly note that InvestEngine is not an advisory service, therefore we cannot provide you with any advise regarding your taxes.

Still, we don’t currently offer in-specie transfers for General Investments, unfortunately. The only way to process them at the moment is by selling your holding with one provider and re-invest from your bank account to another provider.

We are working on introducing in-specie transfers for GIA, however. Be sure to keep an eye on our updates.

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**Author:** ![tom.winterton](https://dub1.discourse-cdn.com/flex017/user_avatar/community.investengine.com/tom.winterton/32/8_2.png) [@tom.winterton](https://community.investengine.com/u/tom.winterton)\
**Post date:** [19 July 2023 11:59 UTC](https://community.investengine.com/t/transfer-of-general-investment-account/1066/3 "2023-07-19T11:59:35Z")

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Hi @waterishail - Thanks for posting - its really helpful to know there’s demand for these transfers.  
We’ve done a lot of work on the GIA in-specie transfer already but its always a balance when prioritising projects. I’ll try and keep you posted when we have a date for this.

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**Author:** ![waterishail](https://avatars.discourse-cdn.com/v4/letter/w/fbc32d/32.png) [@waterishail](https://community.investengine.com/u/waterishail)\
**Post date:** [24 July 2023 11:12 UTC](https://community.investengine.com/t/transfer-of-general-investment-account/1066/4 "2023-07-24T11:12:14Z")

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Thanks Tom,

I am not necessarily interested in transferring the stocks, rather just transferring the cash directly from Nutmeg to InvestEngine.

Look forward to the new features, your product is amazing for ETF’s

Paul