RetireJapan

I may have figured it out... it seems that you can only do it by designating a withdrawal account. So I've set up the withdrawal account and gone through the procedure now. Seems like it will take a couple of days... wasn't expecting it to be so complicated...

Sorry, I'm dumb. It's Rakuten証券, not Rakuten銀行... so transferring money out of my children's Rakuten Securities account, not bank account.

Thanks for the reply. I set up a minor's account in Rakuten for my children but I still control it. I understand about the gift tax, it's not a problem. The problem I'm having is that I don't know the procedure for transferring money from one Rakuten account to another. I'm unfamiliar with the websi...

I have money in my child's Rakuten bank account, but since I can no longer add it to junior NISA, I'd prefer to transfer it to my Rakuten account to use for my own NISA. Does anyone have experience doing this? It seems like it should be simple but I feel like I'm missing something because I cannot f...

Thanks for the replies. Seems that I'm too late since they aren't even letting me transfer the funds to the Junior NISA account. Oh well, guess I'll just use the taxable account...

I'm sure this is an easy question so sorry... I recently set up a junior NISA account for my kids and added money to the Rakuten account through bank transfer but when I try to buy mutual funds, it seems that I cannot select the option to buy from the junior NISA account on the purchase screen. Does...