This article will step you through transferring an investment from one Project to another Project.
This article is broken down into 2 Parts:
IMPORTANT: If the transfer is to a new Account, make sure that the new Account has already been created in the Portal. If you need to create the new Account, use the steps in the Article below:
Step-by-Step Instructions:
PART 1. In the Original Project: Redeem the Original Position
A Redemption will transfer all or some of the Funds and Units to the Treasury Account.
Use the steps in this article to redeem the Original Position: How to Redeem an Investor
NOTE: If the total Capital Balance is Redeemed: The investor will retain access to the historical transactions in their Original Position, but they will no longer be considered an "active" investor in the Original Project as of the Transfer (Redemption) Date.
PART 2. In the New Project: Add the New Position and Record the Investment:
When you add their Position and record their Investment in the New Project, they will be considered an "active" investor and can view their investment in the New Project going forward.
Use the steps in this article to add the New Position to the New Project and record the Investment: How to Add a Position (Investing Account) to a Project (VIDEO)
TIP:
Use the 'Notes' to add clarity for where the Equity is being transferred to and from.
You can upload the Transfer Documents to the new Position page by following the steps here: Adding a Document for a specific Account within a Project
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