For the subject line write: Outbound DRS Transfer Request (Avenue account number). Your shares are held in book-entry form. SoFi charges a $115 fee to DRS transfer to Computershare. This is Part 1 of the Step-by-Step Guide to transfer to Computershare out of your broker. Then you can enter the verification code. Was literally just about to request a guide, but alas. Login using the username, and password you have created. If your name and address match exactly, then the transfer will process within the normal amount of time. Press J to jump to the feed. Do they use PFOF? You'll then get a verification link to your email. You might need to provide the following details: Your account # with Fidelity Your DOB, SSN and current address How many shares you'll want to transfer and the method. Your broker will transfer the shares based on your name and address. # Important: You need to have the $50 available on your account for the fees. Open an account with Fidelity. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $115(US). You can wait 3-5 business days for the verification letter, or you can verify your identity immediately online. You can then set up your account. Fidelity is a popular choice for being free and fast at direct registering shares. Computershare will then prompt you to create your username, password and security questions. Fees at $1,000 make it quite prohibitive to transfer IMO. - See bottom of this post for more on this. More than that, your broker is probably dodgy in one way or another. Login to CS website and try registering online (2) (you might need a VPN or overwrite the default country redirect (1). Saxo trader (AUS, could be international). 0000012256 00000 n This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $100. You can also do Online form, Step 1. For the email write: I would like an outbound DRS transfer as detailed in the attached Letter of Instruction. Transfer Wizard is the quickest, easiest and most accurate method to create your transfer documents. The Direct Registration System (DRS) is a secure registration method for investors who don't want their stock registered in the name of their brokerage firm. and our The broker and Computershare will take care of the transfer and open a Computershare account for you. Return. You can also mail or fax it (details on the form). Hi! Receiving firm's details (CS): Name, Address, DTC #, and who you want the shares to be registered to. This is outlined for each broker below and; The process with CS (ie: create your account, register your account). 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. Once you talk to someone, be knowledgeable and ask for an Outbound DRS Transfer for some of your Gamestop shares to the official registrar (Computershare). You'll need to fill a letter of instruction. See below: Ticker: GME CUSIP: 36467W109 ComputerShare details: COMPUTERSHARE TRUST COMPANY, N.A. If you want to save some money, you could transfer to Fidelity for a slightly lower fee. I am waiting on my account number. ._3wvjcIArtO7kKPJabZfZ9S{font-family:Noto Sans,Arial,sans-serif;font-size:12px;font-weight:400;line-height:16px;-ms-flex-align:center;align-items:center;color:var(--newCommunityTheme-metaText);display:-ms-flexbox;display:flex;margin-right:24px;opacity:0;transition:opacity .1s ease-in-out}._3wvjcIArtO7kKPJabZfZ9S._1c98ixuh4QUWO9ERiFID3p{opacity:1}.RtAsN7UrR7u51W5kaOXvp{display:-ms-flexbox;display:flex;margin-left:4px;margin-right:0}._1JRtpiobR4jYtbw-xx1tPO{border:1px solid var(--newRedditTheme-body);margin-left:-7px;transform:scaleX(-1)}._1JRtpiobR4jYtbw-xx1tPO:nth-child(2){margin-top:4px} Happy to investigate further if any apes want. Rep will submit the request/form to their "Outgoing Transfer Specialist", # NOTE: You don't need to open a CS account, WB will take care of it, # IMPORTANT 2: Double/Triple check your shares are not lent. Anything above this will require written notice. Last month, there was a technical difficulty within Fidelity that prevent DRS transfer from happening. CS live chat was not particularly helpful. # Note: You don't need to open a ComputerShare account, Fidelity TD Ameritrade will take care of it as part of the process. With IBKR it's a simple process, I am currently in it. You can follow up with the chat function a few days later. From my POV, it's a plus. 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. I've made a blank template you can use here you can use as an attachment. It's seriously retard-proof. # NOTE: You don't need to open a CS account, Ally Invest will take care of it. Although we cant help here with specific account service issues, we can help troubleshoot and point you in the right direction. It can take 3-5 business days for the lots to show correctly on Fidelity.com. Computershare will then prompt you to create your username, password and security questions. Don't risk delays. Step 2. From what I understand it takes 4-5 days. # NOTE: You don't need to open a CS account, Fidelity will take care of it. A statement accepting the $115 fee associated with this transaction. They don't have a form but based on what other brokers are asking, you want to anticipate and provide all the details. hb```f`` m @195@W7y`Bi `:-- hA1*dkX]l/4H?"r^W5~| Ex{B@2aA V@pbf '5 I'll get your DRS to Computershare for Gamestop going. - Once again, you have to be clear about your investment strategy. Print, sign, and scan the Letter of Instruction. 0000011472 00000 n This will take another 2-3 business days. Look Smart $$$, I diversified like you wanted! The fastest solution is as an attachment to a secure email sent from your Fidelity account. 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! They have a form allowing to do a Transfer out for DRS (see step 2). Step 4. Thanks for sharing your experience with us, u/dft-salt-pasta! Put a statement agreeing to the fees, (eg. Reddit and its partners use cookies and similar technologies to provide you with a better experience. From u/Doom_Douche / SuperStonk Post: When you wish upon a star - a complete guide to Computershare. Step 3. Follow the steps and submit. The stock (GameStop), its ticker (GME) , and its CUSIP (36467W109). Optional: If you want the shares ordered in Last In First Out (newest shares transferred first), or First In First Out (oldest shares transferred first). Print, fill and scan. Buckle up. 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. The transfer process will take about 4 business days. Total call time ~7 minutes. Currently waiting on another order to go through on CS (bring on the dip Kenny!). Hope this clears things up! What about selling once theyre in computershare? trailer Your broker will transfer the shares based on your name and address. Then, Fidelity would manage your DRS transfer in a few days (about 3) so no reason to not bring them business. You will most likely need to provide, Share Quantity and lot acquisition method. At this point in time, I registered my CS account, and chose the online verification. Fidelity have been known to reimburse up to $75 if asked. Provide all details to verify your identity + card details to pay for the Express request. This is incorrect. 0000027702 00000 n Fidelity will pull your shares from Public. Step 5. DRS is not available from a retirement account. In GameStop's case that's: Computershare US. Fidelity is super friendly and helpful for transferring to computershare. Do your DD. I understand what an outbound DRS transfer is, and I accept the fees associated with the transfer. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $100. u/PM_Your_Green_Buds has written a post for Canadians about delays. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. Send an email with the following details asking for an outbound - DRS Transfer. Section 4: Your address. For more information, you can refer to our most recent Hot Topic post: Direct Registration System (DRS) Transfers and how we lend shares. Your broker may ask you for a Computershare account number. As per above, see post here. I can't find it anymore, so go figure. Select an account from the drop-down menu. For security reasons we do not recommend giving this information to your broker. Once that's done, CS will ask for a special token code (kinda 2FA)and that code is sent by snail mail. Is It Safe To Link My Bank Account to Fidelity Full View? Share A A A Transfer an account to Fidelity We make it easy to transfer all or part of an account to Fidelityincluding stocks, bonds, mutual funds, and other security typeswithout needing to sell your holdings. 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. Investor Center. Step 2. Once your shares and $115 are settled in SoFi: You can login and send them a Letter of Instruction through their Contact Us page. DRS is share ownership without paper stock certificates. 0000011728 00000 n Once scanned, send it via the secure message center in the Fidelity interface (when logged in). Said they've had several thousand individuals make this request. Chat Method - Start a 'Ask TED' chat and ask for an Outbound DRS Transfer or call 1-800-652-4584 and request to talk to someone for an Outbound DRS Transfer. 0000009490 00000 n Why Is This Under My Account? The number of shares to transfer and the preferred cost basis calculation method for determining "which" shares would be transferred. If you don't have a CS account, that's ok, they should be able to proceed. For a successful DRS transfer, your Fidelity account must also be in good standing, and there is no margin debit balance. You can certainly transfer your Gamestop shares from Computershare to Fidelity. Step 1. Fidelity to Computershare DRS transfer. Step 1. 2. ork with your contra broker to complete the International Transfer Request Form (see attached). 0000002037 00000 n Click here to learn more about making the switch to DRS and how this solution can help your company. This sexy ape called u/Bibic-Jr is keeping a good log of all brokers. Your login for CS is totally unrelated to your broker's login. They will start the process. Individuals. In all three cases, you'll get the same ACATS form. Step 1. Thought I'd make some bad charts for you visual apes to show what happens when shares are direct registered. This can be done online when you are logged into your CS account. They have a form allowing to do a Transfer out for DRS. You need to fill the form called "Transfer Out - Direct Registration System (DRS) and Certificate Request". If you ask Fidelity, they can reimburse the $75 transfer fee. Once your account is created, Computershare will send you a verification letter in the mail. One last thing, be patient and kind with the customer service reps on both the broker side and CS side. Our team is always happy to help. 1 Start a transfer Track a transfer you submitted or resume a saved transfer request Is an account transfer right for you? How can I, as an Australian, buy direct through computer share? When you transfer or sell DRS shares, the transaction takes Just call them as you initiate the verification process. I FIRST purchased on CS a couple of weeks ago, and waited for my purchase to settle BEFORE beginning the transfer. Step 3. Access Issuer Online. Step 1. DTC# 7807. When it asks you how you want to fund your account, select transfer from another brokerage. At that point, they should be able to pull the right form and help you out. A safe place for apes who like the stock $GME. # NOTE: You don't need to open a CS account, WF will take care of it# FEES: $0# PROCESS COMPLEXITY: # TIMING: ~3-4 days# METHOD: Form/Secure Email. The Transfer Agent's name, DTC number, and address. 0000027795 00000 n Just search the form on your favourite search engine by typing something like: "transfer shares as a gift fidelity pdf". Fidelity have been known to reimburse up to $75 if asked. $1m/transaction so definitely lower than my floor. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Contact CS ~48-72h later to make sure all is fine (GME Team: +1 877-373-6374 and press *99 (or 0) twice then state it's for Gamestop). You can wait 3-5 business days for the verification letter, or you can verify your identity immediately online. 1996 - 2023 Computershare Limited. Call the Onboarding line on 1-855-730-0325 as they are more knowledgeable about DRS Transfer. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). hi, my shares got transferred as i understood, but how you got Computershare account? They have a form allowing to do a Transfer out for DRS. Please note, part of the process is to give a question with zero correct answers. If you are ready to start the process of direct registration (DRS) for a non-retirement Fidelity account, please give us a call. If more, I guess you have a few options: YOU PRESSURE THEM TO GET IT DONE FASTER: They will more likely push back but you can try. 9 0 obj <> endobj You might want to follow-up with them a day or so after to make sure it's received and processed. Just make sure the name on the account match. Create your account after shares have settled in 6-7 days. Direct Registration is the way. We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. Then prompt you to create your transfer documents standing, and address match exactly, then the transfer will... Be able to proceed calculation method for determining `` which '' shares would be transferred, Fidelity manage... To anticipate and provide all details to verify your identity immediately online registered my CS account, password. I understand what an outbound - DRS transfer is, and there is margin! 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( GameStop ), and there is no margin debit balance & # x27 ; ve had several thousand make..., send it via the secure message center in the mail lower fee transfer out DRS... ( AUS, could be international ) on the dip Kenny! ) all details! Form allowing to do a transfer out for DRS ( see Step 2 ) your experience with us u/dft-salt-pasta. And security questions service reps on both the broker side and CS side to request a guide but... Take about 4 business days for the subject line write: I would like an -... Resume a saved transfer request ( Avenue account number fees at $ 1,000 make it quite to. Password you have to do a transfer out for DRS to not bring them.! Fidelity interface ( when logged in ) guide to transfer and the preferred cost basis calculation method for ``... @ W7y ` Bi `: -- hA1 * dkX ] l/4H fill the form ) the stock ( GME! The secure message center in the mail broker is probably dodgy in one or... To complete the international transfer request form ( see attached ) BEFORE beginning transfer. Probably dodgy in one way or another preaching this for months with CMKM as an attachment to a email... Your login for CS is totally unrelated to your broker may ask you for a slightly lower fee free fast! Do n't have a form allowing to do a transfer out for DRS ( see Step )! Fidelity account must also be in good standing, and chose the online verification days later DTC,... To proceed like an outbound - DRS transfer in a few days ( about 3 ) no... 1-855-730-0325 as they are more knowledgeable about DRS transfer is, and password you have created if asked my got! To Fidelity for a successful DRS transfer in a few days ( about 3 ) so no reason not... At $ 1,000 make it quite prohibitive to transfer IMO may still certain. Then get a verification letter in the Fidelity interface ( when logged )! As I understood, but alas although we cant help here with specific account service,! Login for CS is totally unrelated to your broker will transfer the shares based on your name and address exactly... Another 2-3 business days for the verification letter in the Fidelity interface ( when logged in.. Information to your broker may ask you for a successful DRS transfer request ( Avenue account number.... Was literally just about to request a guide, but alas Bank account to Fidelity for successful. Request is an account transfer right for you address match exactly, the. 115 fee to DRS and how this solution can help troubleshoot and point you in the letter! For a Computershare account keeping a good log of all brokers form called `` transfer out direct. You transfer or sell DRS shares, the transaction takes just call them as you initiate the verification letter or.
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