- May 13, 2024
- Posted by: legaleseblogger
- Category: Related News
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# Situation with NISA accounts at UFJ and auKabucom
I recently made the mistake of opening two NISA accounts – one at UFJ and one at auKabucom. Unfortunately, my auKabucom account was closed due to regulations prohibiting individuals from having multiple accounts.
# Need for clarification on NISA regulations
I have not been able to find clear answers regarding opening and closing NISA accounts in the current year, especially when it comes to transferring from one broker to another. I am unsure if I can close my UFJ account now and re-open my account with auKabucom, or if I am obligated to stick with UFJ for the rest of the year.
# Seeking assistance with AI Legalese Decoder
The notification from auKabucom arrived after their phone lines had closed, leaving me unable to clarify the situation until Monday. In this time-sensitive dilemma, I could benefit from using an AI Legalese Decoder to quickly and accurately decipher the legal implications of having multiple NISA accounts and the process for transferring them. This tool can provide me with the necessary legal information and guidance to make informed decisions regarding my NISA accounts.
# Thank you for any assistance you may provide.
Additionally, I have not made any purchases with my UFJ NISA account, in case that information is relevant to resolving this issue.
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> Is it still possible to close my UFJ NISA account now, and open (re-open) my NISA account with auKabucom?
Yes, as long as you do so before September 30 *and* you haven’t bought anything within your UFJ NISA account. UFJ’s site should have instructions for transferring your account to a new brokerage.
If you have invested any money with a provider in 2024, you’ll be stuck with them for the year. You can only change from 2025/01/01.
If anything else applies to your solution, I don’t know.