just as an FYI, for Canadians who are using IBKR, you're able to initiate a DRS transfer, but you need to have 100 USD in your account before initiating the transfer, or it will get rejected. You have to transfer CAD into the account and then convert it to USD, and then you're able to initiate the transfer.
Here’s the reply after completing the process:
“I hope you are doing well today. My name is Amby, and I am from the External Account Transfers Team, thank you for initiating your DRS shares transfers to Wealthsimple.
After a review, our specialist team has informed us that these shares aren't currently trading, so they are not eligible to be deposited to your non-registered account. Because of this, we’re unable to complete the in-kind transfer, and the request has been cancelled.
No further action can be taken on this request at this time.
If the shares begin trading again in the future, you can submit a new transfer request then. Thank you for understanding!
Best”
I don’t think I did anything wrong here. Did anyone else have this issue?