Does this promotion for transferring investment funds have a deadline?

Esta promoción es válida hasta el 28/02/2025.

Is there a holding period?

The holding period is 36 months.

What happens if I redeem or transfer the investment fund before the end of the term?

You will have to return to BBVA the proportional part of the bonus (gross amount) that corresponds to the amount redeemed. When calculating this amount, the remaining commitment period will also be taken into account.

The conditions of the campaign are set out in the application form , which you must accept and sign before receiving the bonus.

What is a transfer between investment funds?

A transfer between investment funds is the transfer of money invested in a fund to another fund. This involves a partial reimbursement (if you only want to transfer part of the money and leave the rest in the initial fund) or total reimbursement (if you transfer the all the money to another fund) of the investment made. The money does not become available to the investor at any time.

How is the transfer carried out?

When transferring money from one investment fund to another, we must first approach the destination institution, which is responsible for marketing the new fund in which we are going to invest, and provide it with a copy of the statement of the position in the fund, in order to streamline the process. The destination institution will communicate the request to the institution managing, as the holder thereof, the initial fund (and from which the transfer will be made). Once it has verified the participant's details, it will transfer the capital and tax information to the destination institution. The time it will take to transfer the money between the investment funds will depend on two factors: the time it takes to verify the participant's details and the time it takes to transfer the amount (from the initial fund to the new fund). Usually: If the transfer is between funds of the same management company or marketing entity: it is carried out within 5 days. If the transfer is between funds from different management companies or marketing entities: it is carried out within 8 days.

Are the transfers subject to fees?

All transfers of investment funds involve a reimbursement and a subscription, which entails paying fees for both items, provided that the invested fund's prospectus establishes so.

Can an investment fund be transferred partially or does it have to be transferred entirely?

A transfer between investment funds can be made partially, that is, we can transfer part of the money invested in a fund to another fund and leave the rest in the initial fund. Bear in mind that if you only transfer part of the fund, you must clearly state the amount you want to transfer in the application.

How are transfers between investment funds taxed?

Since the gains from investment fund units that are reimbursed when transferring between funds are not taxed, these are not subject to personal income tax withholdings.

If my investment fund is in another currency, will it affect the transfer?

Yes, it will, since the exchange rate is different and this directly affects the transferred amount.

Can any investment fund be transferred?

Yes, in Spain any investment fund can be transferred, including the most frequent type (Spanish securities investment funds) and others such as those made between different types of collective investment institutions (foreign funds, real estate investment funds, etc.). Transfers can also be made between subfunds and between classes of a same investment fund.

Transfer of investment funds

It's time to transfer your investments and get a 2% bonus

If you have an investment fund in another bank, bring it to BBVA and get a 2% bonus on the amount transferred.

Can we help you?

See the full terms and conditions in the application form. Promoción válida hasta el 28/02/2025.

In order to transfer your investment fund to BBVA, you must first be our customer

You can open an Online Account Without Fees in less than 10 minutes and then apply for one of the BBVA funds included in the promotion to make the transfer.
Become a customer
If you want, you can also request information, and we will contact you to help you make the transfer.
Request information

You can choose from an extensive list of BBVA funds

To participate in this promotion, you must make the transfer to one of the BBVA funds included in the promotion.

See List of Funds

Once the investment fund has been transferred, you will receive 2% of the amount

When the requested transfer is made, you will receive the bonus in your preferred method (subject to tax withholding):

Through a deposit into the account associated with your BBVA fund.
Through a contribution to your BBVA fund.

Would you like more information?

Take note of the following:

Bonus applicable to transfers from investment funds not managed/ or distributed by/ in the BBVA Group consisting of the payment (in cash or shares) of 2% gross for transfers to the funds included in the promotion with a minimum permanence of 36 months. Bonus limit of €20,000 per participant, for the entirety of all transfers made during the promotion period. In the event of non-compliance with the minimum permanence period, the bonus will be recovered as outlined in the Application Form. Deposit-holding entity: BBVA. Management Company. BBVA Asset Management S‌.‌A., SGIIC.
Promotion valid for transfers that have been requested until 03/31/2024, and that have not received bonuses under previous campaigns.
The customer must complete the bonus application form. Bonuses are income from movable capital subject to withholding for personal income tax purposes. Investing in these products carries a risk that depends on the specific characteristics of the products and the assets invested in, which means losses on the invested capital may occur.

Transfer investment fund

Request information