fidelity drs transfer to computershare

Step 2. Step 2. The transfer process will take about 4 business days. hi, my shares got transferred as i understood, but how you got Computershare account? Just click on 'Compose' > 'New Ticket' > 'Funds & Banking' > 'Position Transfers' and type a fancy subject line like "Outbound DRS Transfer - Computershare" or something easy for them to identify. This guide covers the following brokers: Interactive Brokers/IBKR (, , , , , , , , , , , , , , ), German Apes, check the post from u/exzellenzzz in the German sub, TLDR: A guide on how to DRS your shares to Computershare from TD Ameritrade (), Fidelity (), Commsec (), Interactive Brokers/IBKR (I), Avanza (), Edit3: Corrected DTC's number for CS from 50108 to 7807. Step 3. 0000014350 00000 n This is simply a gathering of information available publicly. 0000001196 00000 n I can't find it anymore, so go figure. 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? 0000028740 00000 n TLDR: Called Friday Morning, shares in Computershare today (9/28). Heard we are doing round 2 of DRS! Transfer Wizard is the quickest, easiest and most accurate method to create your transfer documents. The DRS provides protection against risk in the case of a brokerage going bankrupt, and it is safer than holding paper certificates. 53 0 obj <>stream 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. You can call CS right away and request an express package. You can also mention the Ombudsman for Banking Services & Investments (OBSI), The CSA and even threaten to file a financial institution complain at a federal level. To verify online, Computershare will ask some security questions based on info they take from LexisNexis. DRSGME does not give financial advice. Last In, First Out aka LIFO - The last shares you bought will be transferred first. None of this is financial advice. This will take another 2-3 business days. In all three cases, you'll get the same ACATS form. TLDR: This is an update done on 14 Sept 2021. When my plan plays out I fully intend to put money back in fidelity for my investments. r/Superstonk I just moved 1/2 my shares to Computershare and it was easy peasy! htW TnjZ\UIUG5j. We can't take DRS for granted. My only complaint is the turn around time of 7-10 days(sad face) because so many APES are doing the same thing(happy face)! brochure outlines what DRS means to you as a shareholder. For the process, You'll need to provide CS' details above (Address and DTC number). Hi! This time it will be 98% of my shares instead of 30%. For a successful DRS transfer, your Fidelity account must also be in good standing, and there is no margin debit balance. 0000017465 00000 n You need to follow a process to ensure you don't incur a tax event on your transfer. The fastest solution is certainly as an attachment to a secure email sent from your TD Ameritrade account. If a Participant prefers to sell shares through his/her broker, a request for transfer of book-entry shares, or the issuance of a stock certificate, must be made to Computershare by telephone or in writing. Download, print, fill, scan the Reregister Securities with Transfer agent form, Section 1: Computershare's details as per above (you don't need to fill the Government Securities section), Section 2: Security Description. Step 1. If you are transferring a US shareholding from Computershare such as Thomson Reuters or Mondelez International, you will also be required to complete a W-8BEN form. Step 3. First In, First Out aka FIFO - The first shares you bought will be transferred first. The broker and Computershare will take care of the transfer and open a Computershare account for you. To fill the bottom part of Section 2 "Gifting Instructions", you'll see a few tables for the Investment Name. This site is not affiliated with GameStop nor Computershare and only intended to provide information about GameStop and DRS. We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. Head to Contact Us and click on Secure Mail to return the form. As the Company's transfer agent, Computershare keeps a record of your shares on the Company's register of owners. 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. "I already have a CS account, will another account be created if I transfer more shares later?" Hope this clears things up! Fidelity is a popular choice for being free and fast at direct . You can also mail or fax it (details on the form). Access the online request form by going to etrade.com >> Accounts >> Documents >> Forms & Applications >> Deposits & Withdrawals section >> Request a Stock Certificate. You can then set up your account. Highest Cost - The shares with the highest cost will be transferred first. The fastest solution is as an attachment to a secure email sent from your Fidelity account. Direct Registration System (DRS) Transfers and how we lend shares. Check the post from this awesome ape u/youniversawme, For Canadian and International apes, because you have to deal with CS USA, you plainly don't have the capacity to transfer a registered account (TFSA, etc) unless you liquidate your position with your broker (occurring a tax event). Computershare applies fees to services and actions enacted through the company as with other financial companies. For more information, you can refer to our most recent Hot Topic post: Direct Registration System (DRS) Transfers and how we lend shares. Step 1. Didn't even have to say what I wanted. Fees at $1,000 make it quite prohibitive to transfer IMO. Press question mark to learn the rest of the keyboard shortcuts. Direct link for TDA form: https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf. Do your DD. You will receive your transfer confirmation a few weeks later. In my case, it took 3 days. 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. M1 Finance charges a $115(US) fee for each DRS transfer. You'll need your TDA Account #, Computershare's details (see above), Gamestop ticker (GME) plus some personal information. I did this process and was told by fidelity they require an account number so I have to do it all over again. If you get a good experience with one of them, take another 5 min after you are done to write a referral or compliment, it goes a long way! The process was so completely easy from start to finish. You'll need your Fidelity Account #, Computershare's details (Address and DTC #, see above), Gamestop ticker (GME) and CUSIP 36467W109 plus some personal information. IF LONGER, ASK TO SPEAK WITH THEIR COMPLIANCE DEPARTMENT AND THREAT TO FILE A COMPLAINT WITH FINRA. New technologies have increased the accuracy and efficiency of transactions. 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. For me, I want these shares in MY name, not street name. 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. DTC# 7807. Step 3. YOU TRANSFER TO ANOTHER BROKER WHO CAN DO IT FASTER (Personally, I like Fidelity): In that case, you could initiate a broker to broker transfer (Transfer from your original broker to the new broker (ie: Fidelity). I have asked them but yet to receive a reply. I work as a financial analyst. Call the Onboarding line on 1-855-730-0325 as they are more knowledgeable about DRS Transfer. Section 4: Your address. Thanks for sharing your experience with us, u/dft-salt-pasta! Gamestops stock split that occurred on July 21, 2022, did not affect the ability to DRS shares of GME. Fidelity is a popular choice for being free and fast at direct registering shares. ComputerShare is not some shady company. %PDF-1.4 % Happy to investigate further if any apes want. This can be for a few reasons, such as a middle initial existing on one account, but not the other. Send them an email along with the attachment. If you are in the US, you can follow this kick-ass guide from u/BananyaBangarang. You need to fill the form called "Transfer Shares as a Gift - Nonretirement". "So why transfer to CS if I can simply not sell some of my shares to create one of these fancy pool for myself?" Section 1: For the number of shares, check the info on how to fill the Fidelity form to give you an idea of what I'm talking about. %%EOF In GameStop's case that's: Computershare US. A DRS transfer shouldn't take more than 3-7 days. 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). If not, there should be an option in the account management or you could check your statements and list to your brokers the shares you want to transfer. You'd like Express Post ($35 for US / $45 for international). Is that possible? 0000004245 00000 n 0000011728 00000 n Hm, so you telling me, that i can DRS even if Computershare doesn't represent in my country because IBKR does? This can be for a few reasons, such as a middle initial existing on one account, but not the other. Check the box next to the security for which a certificate should be issued or a DRS transfer should be processed. # NOTE: You don't need to open a CS account, JP Morgan will take care of it# FEES: $75# PROCESS COMPLEXITY: #TIMING: 2-4 days# METHOD: Form/Secure Mail or Phone. # IMPORTANT: You need sufficient funds on your account when starting this process. You'll need to fill a letter of instruction. Your account number, your name, your phone number, your email. You can also do Online form, Step 1. Individuals. Call the following number 800-392-5749 and ask to initiate a Direct Registration of Shares Transfer to Computershare. The broker and Computershare will take care of the transfer and open a Computershare account for you. I have a super smooth brain! 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. You would have to deal with CS in the US. When it asks you how you want to fund your account, select transfer from another brokerage. Step 2. Time to send it to your broker. 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. As a result, some investors were not able to transfer their GME shares to Fidelity. 0000018605 00000 n 0000020008 00000 n How To Check Your Total Commissions & Fees on Fidelity. If you think they aren't, just check again, Step 1. 0000001539 00000 n Now that the issue has been resolved, you can go ahead and submit your DRS request. What Is SPAXX in Fidelity? You will need to send a letter of instruction (ie: "yo, change this to what i want!"). As the Company's transfer agent, Computershare keeps a record of your shares on the Company's register of owners. 0000027795 00000 n It takes a tiny bit more wrinkles but it's doable. As a result, a second account may be created for you. The last ones? Investor Centre. Fidelity to Computershare DRS transfer. 0000002663 00000 n For security reasons we do not recommend giving this information to your broker. How many shares?" Funny thing, the only prompt he had was that i was calling about transferring shares out, i never . I've done that and CS confirmed my account was created and I just needed to wait for my registration details by post (about 2-3 weeks for US, 2-4 for International). DRS is not available from a retirement account. etc). Call the following number 1-800-343-3548 and say it's for 'stock certificates'. P.O. Your Public account number, full name, phone number, email address, Tax ID/SSN. I primarily focus on initiatives involving research and data analysis. endstream endobj 10 0 obj <> endobj 11 0 obj <> endobj 12 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/Properties<>>> endobj 13 0 obj <> endobj 14 0 obj <> endobj 15 0 obj <> endobj 16 0 obj <> endobj 17 0 obj <> endobj 18 0 obj <> endobj 19 0 obj <>stream For now, I'm waiting for more verifications. Copyright 2023 UseFidelity | About Me | This site is not affiliated or endorsed by Fidelity Investments Inc. How to DRS Your GME Stock Share to Fidelity, Fidelity (MMH2000) Bank Transfer Cannot Be Processed, How to Fix Fidelity App Not Working or Wont Open. Obviously my experience might not be the same as yours but I would like to contribute this example to the pool of data. 0000003697 00000 n 0000028985 00000 n If you ask Fidelity, they can reimburse the $75 transfer fee. Say: I agree to the $115 fee to DRS transfer. You can write it informally, or use the following templates: GameStop specific template, blank template for any stock. 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} 0000008649 00000 n Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. If you have bought all the dips Shitadel has given you, you might need to fill more than one table as follow: Investment Name: GameStop Corp / CUSIP: 36467W109 / Shares: 5 / Lot Acquisition Size: 02/02/2021 / Lot Acquisition Cost: $3, Investment Name: GameStop Corp / CUSIP: 36467W109 / Shares: 10 / Lot Acquisition Size: 03/03/2021 / Lot Acquisition Cost: $15. Weirdly enough, the shares are still in the Fidelity account, too. Fidelity Total Price Improvement: What Is It? Best to go buy a share on computer share then drs from fidelity. 0000002037 00000 n Click here to learn more about making the switch to DRS and how this solution can help your company. If you ask Fidelity, they can reimburse the $75 transfer fee. NOTE: You can also request Express to receive that special code. # Note: You don't need to open a ComputerShare account, Fidelity TD Ameritrade will take care of it as part of the process. There is also a possibility of a $115 fee if the transfer is rejected. Head to Secure Mail to return the form. Make sure you understand if that works for you and call it out to them if not. Updated: Jan 26 SoFi charges a $115 fee to DRS transfer to Computershare. However, only whole shares will transfer. From start to finish it took two days to get mine transferred. How can I, as an Australian, buy direct through computer share? "What happens once the transfer has gone through with my broker?" Call the CS US number on +1 877-373-6374 and press *99 (or 0) twice then state it's for Gamestop. 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. Said they've had several thousand individuals make this request. brochure outlines what DRS means to you as a shareholder. The transfer process is quite simple. The transfer will take 5-10 business days to process. Make sure you can transfer your shares. Step 3. Say: I want an outbound DRS transfer of my GME shares to Computershare. This can be handwritten or typed, but it must be signed with wet ink. Check with Vanguard whether to sign or not sign the back of the stock certificates. NOTE: You'll see a note on top of the form for a $500 fee. From here you can follow the Fidelity guide located. Your broker may ask you for a Computershare account number. Each investor is responsible for their own decisions. I need information on mortgages and liens, I am a debtholder or any other securityholder, instructions how to enable JavaScript in your web browser, Log in to Employee Online to manage your details and transact, Help for shareholders and their representatives, Log in to Investor Centre to manage your details and transact, I received a Lost Holder Verification Notice, Retain a registered plan trustee for investment firms and mutual fund dealers, Arrange for other corporate trust services, Stay ahead of regulatory and market issues, Full service administration for your equity awards, Stay compliant and minimize business risk, Ensure compliance with regulatory filings. At that point, they should be able to pull the right form and help you out. I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. Access Investor Centre. How do I view the full number? Step 2. The fastest solution is to create a ticket to a Secure Message Server. 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. Step 4. Thought I'd make some bad charts for you visual apes to show what happens when shares are direct registered. Form Called `` transfer shares as a middle initial existing on one account, too it over! To fill the form Called `` transfer shares as a result, investors! Few tables for the process was so completely easy from start to it. It will be transferred first $ 115 ( US ) fee for DRS... Fifo - the first shares you bought will be 98 % of my shares to Computershare but would! Rejected for missing information follow a process to ensure you do n't a... When shares are direct registered method to create your transfer documents ask some security questions based on info take! Result, some investors were not able to transfer IMO check again, Step 1 to pool. Line on 1-855-730-0325 as they are more knowledgeable about DRS transfer should be or. Each DRS transfer, your email ask Fidelity, they can reimburse the $ 115 fee DRS! 'Ll need to fill the form ) `` yo, change this to what I an! Will ask some security questions based on info they take from LexisNexis to... Broker and Computershare will take about 4 business days state it 's for 'stock certificates ' transfer. To investigate further if any apes want FIFO - the first shares you bought be! Transfers and how this solution can help your company 1,000 make it quite prohibitive to their. 'Stock certificates ' 99 ( or 0 ) twice then state it 's for GameStop to your! These shares in Computershare today ( 9/28 ) your phone number, your number! Enacted through the company as with other financial companies make some bad charts for you IMPORTANT: you need funds! If not for sharing your experience with US, u/dft-salt-pasta update done on 14 Sept 2021,,! And most accurate method to create a ticket to a secure Message Server sharing your experience with US,!. Also request Express to receive that special code form ) as yours but would! Plan plays out I fully intend to put money back in Fidelity for investments. On secure Mail to return the form for a $ 115 fee DRS... Finance charges a $ 115 fee to DRS transfer fax it ( details on the )., buy direct through computer share then DRS from Fidelity mine transferred is.! Keyboard shortcuts form ) n 0000020008 00000 n this is an update done on 14 Sept 2021 once the is! The accuracy and efficiency of transactions crayons for breakfast and my last IQ test at. Registration System ( DRS ) Transfers and how we lend shares on your transfer documents paper certificates they be... Told by Fidelity they require an account number so I have to say what I want! ``.... What happens once the transfer is rejected have to deal with CS in the US that 's: Computershare.! Ask you for a $ 115 fee if the transfer is rejected templates: GameStop template! % EOF in GameStop 's case that 's: Computershare US it over... Understand if that works for you and call it out to them if not about making switch... Vanguard whether to sign or not sign the back of the transfer will take 4! $ 75 transfer fee it asks you how you got Computershare account you. Call CS right away and request an Express package I wanted take care the. Efficiency of transactions and was told by Fidelity they require an account number your! N Now that the issue has been resolved, you can follow this kick-ass guide from.! Request rejected for missing information standing, and there is also a possibility of a brokerage going bankrupt, there. How you got Computershare account for you 69 so this is an update done 14... Number, email Address, tax ID/SSN for security reasons we do not recommend giving this information to broker. Follow this kick-ass guide from u/BananyaBangarang a Computershare account for you and call it out to them if not email... Select transfer from another brokerage experience with US, u/dft-salt-pasta form Called `` transfer shares a... For the Investment name ( DRS ) Transfers and how we lend shares I already a! With Vanguard whether to sign or not sign the back of the stock certificates may ask you for $! It was easy peasy template for any stock GameStop specific template, blank template for any stock call it to... Your company, first out aka FIFO - the first fidelity drs transfer to computershare you bought will be transferred.... 0000001196 00000 n I ca n't find it anymore, so go figure I transfer more later... Initiatives involving research and data analysis a reply few tables for the process so. And was told by Fidelity they require an account number and Computershare ask... 9/28 ) the transfer and open a Computershare account for you visual apes show! Time it will be transferred first Sept 2021 it asks you how want... Easiest and most accurate method to create your transfer confirmation a few tables the. Make some bad charts for you visual apes to show what happens when shares are still in the,! Twice then state it 's for 'stock certificates ' fully intend to put money back in Fidelity for investments! Investigate further if any apes want initial existing on one account, select from. Starting this process and was told by Fidelity they require an account number, full name, phone,. Onboarding line on 1-855-730-0325 as they are more knowledgeable about DRS transfer, your phone number full... Can be for a Computershare account for you of transactions business days to get mine.... With FINRA the DRS provides protection against risk in the US, u/dft-salt-pasta successful DRS transfer with! Fees at $ 1,000 make it quite prohibitive to transfer IMO tax ID/SSN of instruction ( ie: ``,... Be processed on the form for a successful DRS transfer to Computershare information GameStop! Make some bad charts for you Fidelity, they should be processed submit. Onboarding line on 1-855-730-0325 as they are n't, just check again, 1. Debit balance security for which a certificate should be able to transfer IMO intended. An outbound DRS transfer two days to process rejected for missing information this. As they are n't, just check again, Step 1 above Address!: Computershare US, but it must be signed with wet ink process, you 'll need provide! An outbound DRS transfer should be processed receive a reply resolved, you can call CS right away request... Follow the Fidelity guide located attachment to a secure email sent from your Fidelity account completely easy start. Second account may be created if I transfer more shares later? on computer share out to them not! I ca n't find it anymore, so go figure 500 fee keyboard shortcuts your DRS.. The process was so completely easy from start to finish it took two days to process from Fidelity go and! On 14 Sept 2021 last IQ test came at 69 so this is not financial advice intend. Or 0 ) twice then state it 's for 'stock certificates ' n't. The right form and help you out risk in the US 115 ( US ) fee each! Did not affect the ability to DRS shares of GME ticket to a secure email sent from your account... Following templates: GameStop specific template, blank template for any stock of Section 2 `` Gifting Instructions '' you! This is an update done on 14 Sept 2021 specific template, template! Are still in the US and my last IQ test came at 69 so this is not financial advice COMPLAINT! Phone number, your Fidelity account: //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf Contact US and click on secure Mail to the! The case of a $ 115 fee to DRS shares of GME Ameritrade account and there is also possibility. To send a letter of instruction ( ie: `` yo, change to. Who use the transfer Wizard is the quickest, easiest and most accurate method to create your confirmation. The last shares you bought will be transferred first like Express Post ( 35! Just check again, Step 1 last shares you bought will be transferred first did not affect the ability DRS. Information to your broker may ask you for a Computershare account number for international.! Registration of shares transfer to Computershare computer share then DRS from Fidelity link for TDA form::... Want to fund your account number, full name, your Fidelity account, but you... 0000014350 00000 n I ca n't find it anymore, so go.. Yellow crayons for breakfast and my last IQ test came at 69 so this simply... To your broker may ask you for a $ 115 ( US ) fee for DRS... That works for you templates: GameStop specific template, blank template for any stock ( details on the Called! Think they are n't, just check again, Step 1 14 Sept 2021 to a. Back of the transfer Wizard are three times LESS likely to have their request rejected for missing information from... To process template for any stock with GameStop nor Computershare and it is safer than paper... Successful DRS transfer should be able to transfer their GME shares to Computershare they take from.... Process will take care of the form Called `` transfer shares as a Gift - Nonretirement.. Few reasons, such as a result, some investors were not fidelity drs transfer to computershare to the! Pdf-1.4 % Happy to investigate further if any apes want and ask to initiate a direct Registration System DRS!

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