I did this a year or so ago within Scotia Mclead and yes it is a transfer in kind whereby you sell / buy the stock.

You will want to check with broker, but I was able to sell and then buy at the lowest price of that week. It was being sold at a bit of a loss anyways, but coming in at a bit lower price was not a bad deal. I think they do that because of the delay in transfering funds.

If they are different institutons you might have to do it just via Cash and that will likely be different.

Hope that helped a bit, but always go over the details with your broker/ bank as they have the newest info and should be able to give you the best plan.

Have a great weekend!!

D