INTERNATIONAL APES: you'll need to fill a W8-BEN form. This is NOT a broker-to-broker transfer, this is a transfer to an official registrar, a transfer agent to get shares in your name. Is It Safe To Link My Bank Account to Fidelity Full View? etc.._1W1pLIfaIb8rYU6YeTdAk6{margin-right:6px}._1H6Meh6ZAemKxOJDOEasfK{border-radius:50%;box-sizing:border-box;height:20px;margin-left:-8px;width:20px}._1H6Meh6ZAemKxOJDOEasfK:first-child{margin-left:0}._30vlMmCcnqKnXP1t-fzm0e{display:inline-block;margin-left:-8px;position:relative} As a result, some investors were not able to transfer their GME shares to Fidelity. Call 1-800-387-2331. If your name and address match exactly, then the transfer will process within the normal amount of time. "What happens once the transfer has gone through with my broker?" I'll get your DRS to Computershare for Gamestop going. When you transfer or sell DRS shares, the transaction takes If you are prompted by the automated system, say "stock certificates" to be connected with the correct Customer Service representative. Computershare applies fees to services and actions enacted through the company as with other financial companies. You gotta be patient unless you ain't (see below if that's the case). If the shares having been purchased at the earliest several weeks ago made a difference? Call the following number 1-800-343-3548 and say it's for 'stock certificates'. Send an email to CommsecInternationalSettlements@cba.com.au and commsecinternationaldesk@cba.com.au with the subject line: "Outbound DRS Transfer - Pershing [YOURACCOUNTNUMBER]", # Note: You don't need to open a ComputerShare account, Avanza will take care of it as part of the process. You can wait 3-5 business days for the verification letter, or you can verify your identity immediately online. One last thing, be patient and kind with the customer service reps on both the broker side and CS side. Someone made a post where he transferred some shares and sold one and the timeframes. # Important: You need to have the $50 available on your account for the fees. Computershare is a leader in the financial world, offering items like employee equity plans, stakeholder communications, and diversified financial and economic governance service options. The broker and Computershare will take care of the transfer and open a Computershare account for you. For security reasons we do not recommend giving this information to your broker. P.O. The fastest solution is to create a ticket to a Secure Message Server. Manage your employee portfolio, access tools and support features In my case, it took 3 days. At that point, they should be able to pull the right form and help you out. # NOTE: You don't need to open a CS account, TDA will take care of it. Say: I want an outbound DRS transfer of my GME shares to Computershare. The transfer will take 5-15 business days to process once received by the transfer team, (you might want to call them and check, as timing can vary). DTC# 7807. Heard we are doing round 2 of DRS! Said they've had several thousand individuals make this request. Hours: 7am-10pm ET M-F, 11:30am-10pm ET Sat/Sun, Press J to jump to the feed. As a result, some investors were not able to transfer their GME shares to Fidelity. We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. 0000009490 00000 n Make sure you follow up with them. Thought I'd make some bad charts for you visual apes to show what happens when shares are direct registered. . "What happens to my shares once they are 'transferred' to CS?" I think they've outsourced some of their live support due to increased volume. # Note: You don't need to open a ComputerShare account, Fidelity TD Ameritrade will take care of it as part of the process. 0000029318 00000 n Your shares are held in book-entry form. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 0000009131 00000 n $1m/transaction so definitely lower than my floor. Box 505005, Louisville, KY 40233-5005. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $100. I won't be tempted to touch them. 0 Step 2. 0000018605 00000 n Look Smart $$$, I diversified like you wanted! However, only whole shares will transfer. For me, I want these shares in MY name, not street name. Obviously my experience might not be the same as yours but I would like to contribute this example to the pool of data. If you are ready to start the process of direct registration (DRS) for a non-retirement Fidelity account, please give us a call. This can be for a few reasons, such as a middle initial existing on one account, but not the other. When transferring positions, your broker should be asking or giving you the choice on the tax method you'd like to use to transfer your positions. 0000022384 00000 n International apes can certainly buy and transfer into CS. Access Employee Equity Plans. I have asked them but yet to receive a reply. Step 1. Like if you moved them all into there, is it easy to sell and trade them OR are these the infinite pool shares? Fidelity have been known to reimburse up to $75 if asked. Saxo trader (AUS, could be international). The process was so completely easy from start to finish. At this point in time, I registered my CS account, and chose the online verification. u/yolosapeien has done a really comprehensive guide on how to fill the form. You'll need a few details ready: Your Fidelity Account #, phone number, the security name (ticker), CUSIP, lot acquisition date and cost. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. I did this process and was told by fidelity they require an account number so I have to do it all over again. You now have full access to your Computershare account! Welcome to Transfer Wizard Home With the Computershare Transfer Wizard, transferring your shares is easy. W e are a global leader in transfer agency, employee equity plans, mortgage servicing, proxy solicitation, stakeholder communicatio ns, and other diversified financial and governance services. 0000027795 00000 n Print, fill and scan. Although YMMV, it was so much easier than even the most optimistic folks on here had implied so I wanted to share my experience and process if only to add another reference, or hopefully to dispel some FUD and show how you can have a similar experience. From start to finish it took two days to get mine transferred. Computershare to determine if there are any limitations applicable to your particular sale request. At that point, they should be able to pull the right form and help you out. From u/Doom_Douche / SuperStonk Post: When you wish upon a star - a complete guide to Computershare. ComputerShare is not some shady company. BOX 505000 LOUISVILLE, KY 40233-5000 COMPUTERSHARE'S DTC NUMBER: 7807 ----------------- Fidelity (US) All of my shares have been settled for a while. - See bottom of this post for more on this. 9 45 Make it clear you just transferred shares, do not have a registration yet, and don't want to wait for regular post. %%EOF Your account number, your name, your phone number, your email. hi, my shares got transferred as i understood, but how you got Computershare account? startxref The stock (GameStop), its ticker (GME) , and its CUSIP (36467W109). brochure outlines what DRS means to you as a shareholder. The date now is Friday, September 24. Fidelity will pull your shares from Firstrade. I have a super smooth brain! You can write it informally, or use the following templates: GameStop specific template, blank template for any stock. You can also do Online form, Step 1. It's worth checking if you can't find your broker in Part 1, Part 2, Part 3 or 4. It's best to contact your employer or reach out to the institution holding your funds to determine how many units can be transferred. Head to Contact Us and click on Secure Mail to return the form. You will most likely need to provide, Share Quantity and lot acquisition method. If not, then it will take another 2-3 business days. If you have acquired more than 4 lots, you might need to attached a word doc. When it asks you how you want to fund your account, select transfer from another brokerage. Step 1. There is no more need for the verification code. Login using the username, and password you have created. Happy to investigate further if any apes want. There is also a possibility of a $115 fee if the transfer is rejected. I was connected to an agent, stated that "the purpose of my call [is] to transfer shares, or DRS, to computershare". You'll then get a verification link to your email. DRS is share ownership without paper stock certificates. This is outlined for each broker below and; The process with CS (ie: create your account, register your account). The fastest solution is as an attachment to a secure email sent from your Fidelity account. For security reasons we do not recommend giving this information to your broker. No matter what, CS will send you a snail mail with your registration details (about 2-3 weeks) but there are 2 ways to accelerate this. It's seriously retard-proof. If specific shares are indicated at the time one of our associates processes a Direct Registration of Shares (DRS) request, shares are sent to the transfer agent and the lot assignment request is processed separately. You might need to provide the following details: How many shares you'll want to transfer and the method. Computershare Trust Company, N.A., P.O. When it asks you how you want to fund your account, select transfer from another brokerage. Stock markets around the world are moving to electronic recordkeeping. 0000024294 00000 n Call them on 1-877-284-9830 (Asset Transfer Team) or 1-800-323-4332 (seems like Schwab is pushing back on that second #) and ask to talk to the Security Team. No Computershare fee for the ACAT transfer to Vanguard. Someone in another specific stock related subreddit is writing a how-to for DRSing ira shares, it sounds like there's some tax id setup required. Step 4. CS live chat was not particularly helpful. Step 2. 0000028740 00000 n I work as a financial analyst. You would have to deal with CS in the US. Public charges a $100(US) fee for each DRS transfer. Create an account to follow your favorite communities and start taking part in conversations. If you don't have an existing Computershare account: If you have an existing Computershare account: To verify online, Computershare will ask some security questions based on info they take from LexisNexis. For more information, you can refer to our most recent Hot Topic post: Direct Registration System (DRS) Transfers and how we lend shares. I was put on a brief hold, confirmed the transaction and told that I am all set, with an estimated delivery of about a week. There is also a possibility of a $115 fee if the transfer is rejected. Step 3. Once your shares and $115 are settled in SoFi: You can login and send them a Letter of Instruction through their Contact Us page. As a result, a second account may be created for you. Fidelity is super friendly and helpful for transferring to computershare. Things you need to know and/or might need. 0000018659 00000 n Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. Step 2. The number of shares to transfer and the preferred cost basis calculation method for determining "which" shares would be transferred. 0000021240 00000 n The world's leadi ng organizations work with us to maximize their relationships with investors, employees . Step 1. - There are 2 parts to the DRS process: The process with your broker (ie: how long it takes for them to initiate the DRS transfer). In GameStop's case that's: Computershare US. Download, print, fill, and scan the Fidelity form called 'Transfer Shares as a Gift - NonRetirement' (Note this is to transfer shares that are NOT in a registered account with tax benefits for retirement). For a successful DRS transfer, your Fidelity account must also be in good standing, and there is no margin debit balance. I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. Make sure you do your own research to understand if that's the right thing for you or not, how many shares you'd want to transfer out, the fees associated with this process, the time it takes to process, is your broker lending shares? Press J to jump to the feed. Didn't even have to say what I wanted. NOTE: You can also request Express to receive that special code. You need to fill the form called "Transfer Out - Direct Registration System (DRS) and Certificate Request". 0000008649 00000 n hey, my account number appears as @*****####, where @ is a letter, # are numerals, and the asterisks are litterally asterisks. -SMRT. 0000002037 00000 n If you want to save some money, you could transfer to Fidelity for a slightly lower fee. The Transfer Agent's name, DTC number, and address. Step 2. Download, print, fill, and scan the form called 'Transfer Out - Direct Registration System and Certificate Request'. Cookie Notice See below: Ticker: GME CUSIP: 36467W109 ComputerShare details: COMPUTERSHARE TRUST COMPANY, N.A. First In, First Out aka FIFO - The first shares you bought will be transferred first. Our team is always happy to help. Edit: I'm putting a strikethrough this Avanza process as it's been outlined that Avanza is now claiming they can't do a transfer unless a CS account is open. htW TnjZ\UIUG5j. 0000014651 00000 n I was looking into how I can drs x amount of shares to CS? M1 Finance charges a $115(US) fee for each DRS transfer. Step 3. In my case, it took another 1-2 days. You can write it informally, or use the following templates: GameStop specific template, blank template for any stock. 0000001840 00000 n Form is available on the Fidelity website here, Step 4. KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). Register with your SSN, your ZIP code, etc. Computershare, along with Wells Fargo Shareowner Services, Broadridge Financial, and Amstock are all popular stock transfer agents. I just wanted to share my personal experience transferring shares, to hopefully assist or convince encourage a fence-sitter that this is truly the Here is something I found really quickly. Okay, so I put in a buy order on CS. The Direct Registration System (DRS) allows registered securities to be held in electronic form without having a physical security certificate issued as evidence of ownership. With Computershare accounts, the account number is the "key" that allows brokers to authorize a transfer of shares out of the DRS and back to the broker. It was stress free and painless! 0000027453 00000 n # Note: You don't need to open a ComputerShare account, IBKR will take care of it as part of the process. You can wait 3-5 business days for the verification letter, or you can verify your identity immediately online. 0000014350 00000 n We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. From here you can follow the Fidelity guide located. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. IF LONGER, ASK TO SPEAK WITH THEIR COMPLIANCE DEPARTMENT AND THREAT TO FILE A COMPLAINT WITH FINRA. I can't find it anymore, so go figure. 0000003901 00000 n # PROCESS COMPLEXITY : (Phone) / (Form/Secured online message), # METHOD: Phone or Form/Secured online message, Step 1. YOU CAN ALSO USE NAASA FOR ASSISTANCE. Step 2. Step 2. 1. Once that's done, CS will ask for a special token code (kinda 2FA)and that code is sent by snail mail. Return. I noticed it doesn't work if your postcode as letters in it. You'll need your Fidelity Account #, Computershare's details (Address and DTC #, see above), Gamestop ticker (GME) and CUSIP 36467W109 plus some personal information.

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