Reddit and its partners use cookies and similar technologies to provide you with a better experience. For me, I want these shares in MY name, not street name. - That question has been floating around lately. This can be handwritten or typed, but it must be signed with wet ink. CS live chat was not particularly helpful. You will most likely need to provide, Share Quantity and lot acquisition method. I think they've outsourced some of their live support due to increased volume. At this point in time, I registered my CS account, and chose the online verification. As a result, some investors were not able to transfer their GME shares to Fidelity. Create an account to follow your favorite communities and start taking part in conversations. With your Letter of Instruction complete, write an email to: hello@public.com. Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. Your account number, full name, SSN/Tax ID. 0000012256 00000 n 0000026132 00000 n The number of shares to transfer and the preferred cost basis calculation method for determining "which" shares would be transferred. 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. 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. Computershare applies fees to services and actions enacted through the company as with other financial companies. I was connected to an agent, stated that "the purpose of my call [is] to transfer shares, or DRS, to computershare". 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. This will take roughly 3 days. It's best to contact your employer or reach out to the institution holding your funds to determine how many units can be transferred. They have a form allowing to do a Transfer out for DRS. The transfer process is quite simple. Once scanned, send it via the secure message center in the TDA interface (when logged in). 0000028985 00000 n Last In, First Out aka LIFO - The last shares you bought will be transferred first. - 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). Once your your shares and $100 are settled in Public, you can send them a Letter of Instruction. Computershare will then prompt you to create your username, password and security questions. I stated the quantity of GME, and LIFO (Last In, First Out). INTERNATIONAL APES: you'll need to fill a W8-BEN form. Step 2. Send them an email along with the attachment. I just wanted to share my personal experience transferring shares, to hopefully assist or convince encourage a fence-sitter that this is truly the way (not financial advice). The fastest solution is to create a ticket to a Secure Message Server. ._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} SoFi to Fidelity Route: Open an account with Fidelity. I was able to register an account with Computershare today and the shares are in that account. From start to finish it took two days to get mine transferred. Press question mark to learn the rest of the keyboard shortcuts. Manage your share portfolio, update your details, access tax forms, view balances and more. Last month, there was a technical difficulty within Fidelity that prevent DRS transfer from happening. Step 4. I agree to the fee of $100 US associated with the DRS transfer). As the Company's transfer agent, Computershare keeps a record of your shares on the Company's register of owners. You contact Commsec for that form or download it using the link below. -SMRT. Make sure you follow up with them. DON'T HESITATE TO FLEX UP. - Really valid question and it's a personal choice again. Why I'm Transferring Stock from Computershare Here are the main reasons why I'm transferring stock to TD Ameritrade: To pool the dividends and diversify into other stocks To save $12 on fees in the Verizon DRIP plan To deal with one less form 1099-DIV at tax time It's easier to track cost basis from now on. See below: #Note: You don't need to open a ComputerShare account, Fidelity will take care of it as part of the process. Step 2. Open an account with Fidelity. Step 3. You can also do Online form, Step 1. "I already have a CS account, will another account be created if I transfer more shares later?" Once your account is created, Computershare will send you a verification letter in the mail. 0000028740 00000 n Step 2. There is also a possibility of a $115 fee if the transfer is rejected. 0000020008 00000 n Best to go buy a share on computer share then drs from fidelity. Answer security questions such as Social Security number, ZIP Code, name of the stock that you hold (GameStop). You now have full access to your Computershare account! Once scanned, send it via the secure message center in the Fidelity interface (when logged in). Fidelity have been known to reimburse up to $75 if asked. ComputerShare is not some shady company. Direct link for TDA form: https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf. 0000029697 00000 n Transfer agents, such as Computershare, may have an IRA option available for shareholders of certain stocks; however, Fidelity simply does not have the ability to DRS shares directly from a retirement account. 0000008649 00000 n Computershare will then prompt you to create your username, password and security questions. KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). Step 2. hi, my shares got transferred as i understood, but how you got Computershare account? You can follow up with the chat function a few days later. Return via email. How To Check Your Total Commissions & Fees on Fidelity. Step 3. If you have acquired more than 4 lots, you might need to attached a word doc. Create your account after shares have settled in 6-7 days. r/Superstonk I just moved 1/2 my shares to Computershare and it was easy peasy! 0000014651 00000 n 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 0000001196 00000 n With IBKR it's a simple process, I am currently in it. 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 can call CS right away and request an express package. 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 fastest solution is as an attachment to a secure email sent from your Fidelity account. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. You can wait 3-5 business days for the verification letter, or you can verify your identity immediately online. He knew. Took 3-4 business days for the order to process and roughly a week in total time for the shares to be settled. Hi! This will be used to create your CS account. ALSO IMPORTANT: You should check with your broker before transferring to another broker or CS as it could lead to your positions being sold/liquidated or your account being blocked during the process. Send an email with the following details asking for an outbound - DRS Transfer. 9 45 If you are still having second thoughts please do not be afraid or hesitate! Computershare Trust Company, N.A., P.O. Investor Centre. You will need to send a letter of instruction (ie: "yo, change this to what i want!"). From here you can follow the Fidelity guide located here. Make sure you can transfer your shares. You will receive your transfer confirmation a few weeks later. Create an account to follow your favorite communities and start taking part in conversations. Commentdocument.getElementById("comment").setAttribute( "id", "a89c9813d1ed963e6d1e4166fed1610b" );document.getElementById("g82ed375d5").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. Indicate the number of shares for which certificates should be issued or a DRS transfer should be processed. They are the designated transfer agent for 37.4% of the market. Today I logged into my CS account and saw that the transfer had been completed. If not, then it will take another 2-3 business days. In my case, it took 3 days. Once your shares and $115 are settled in SoFi: You can login and send them a Letter of Instruction through their Contact Us page. You'll then get a verification link to your email. Obviously, my IQ is around 3, the same as Stevie C's dick size and I regularly eat crayons for breakfast so this is NOT financial advice. 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. # 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. At that point, they should be able to pull the right form and help you out. Step 2. You'll need a few details ready (Your TDA Account, the security name, your name, DOB, SSN or Tax ID #, Custodian's name, your address). Transferring an IRA to CS is possible. This can be for a few reasons, such as a middle initial existing on one account, but not the other. You contact TDA and ask for a form TDA371 or just use your favourite search engine and type something like "TDA 371 Ameritrade". Op, edit your first line of TD ameritrade. What about selling once theyre in computershare? 0000002663 00000 n NOTE: You are basically gifting/transferring these shares to yourself. Say: I agree to the $115 fee to DRS transfer. # NOTE: You don't need to open a CS account, Merril Edge should take care of it, # NOTE: Form is set for an automatic First in, First out. Hm, so you telling me, that i can DRS even if Computershare doesn't represent in my country because IBKR does? Box 505005 Louisville, KY 40233-5005 (888) IBM-6700 (United States, Canada and Puerto Rico) (781) 575-2727 (all other areas) ibm@computershare.com Time to send it to your broker. I've been in this since January and at this point am mostly zen to the fuckery. Hours: 7am-10pm ET M-F, 11:30am-10pm ET Sat/Sun, Press J to jump to the feed. Fidelity will pull your shares from Public. If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. Access Employee Equity Plans. Receiving firm's details (CS): Name, Address, DTC #, and who you want the shares to be registered to. Head to Contact Us and click on Secure Mail to return the form. Your login for CS is totally unrelated to your broker's login. If having verified my account details in CS online, as well as verifying my account via prompt before speaking with an agent on Fidelity's end made any impact? Updated: Jan 26 SoFi charges a $115 fee to DRS transfer to Computershare. Why don't Fidelity support transferring retirement shares via DRS? Login to CS website and try registering online (2) (you might need a VPN or overwrite the default country redirect (1). Double-check that you won't need the $500 deposit. They are the designated transfer agent for 37.4% of the market. The last ones? Access Issuer Online. Call the Onboarding line on 1-855-730-0325 as they are more knowledgeable about DRS Transfer. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. SoFi charges a $115 fee to DRS transfer to Computershare. Your Public account number, full name, phone number, email address, Tax ID/SSN. BOX 505000 LOUISVILLE, KY 40233-5000 COMPUTERSHARE'S DTC NUMBER: 7807 ----------------- Fidelity (US) . It can take 3-5 business days for the lots to show correctly on Fidelity.com. What Is SPAXX in Fidelity? Computershare sold the fractional DRIP share, charged a $20-$25 fee for brokering the sale and sent me a check by mail for the net amount. Press J to jump to the feed. Step 1. For the Transfer Agent Account #, leave blank if you don't have a CS account yet. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $115(US). 0000003901 00000 n Fidelity is a popular choice for being free and fast at direct . 0000027795 00000 n Obviously my experience might not be the same as yours but I would like to contribute this example to the pool of data. Once you talk to someone (can take a while), be knowledgeable and ask for an Outbound DRS Transfer for some of your Gamestop shares to the official registrar (Computershare). - See bottom of this post for more on this. This is a restricted community. Step 1. Step 1. Step 1. This is incorrect. Direct Registration System (DRS) Transfers and how we lend shares. Print, fill and scan. 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. They don't have a form but based on what other brokers are asking, you want to anticipate and provide all the details. You can write it informally, or use the following templates: GameStop specific template, blank template for any stock. Section 2: This is basically YOU and YOUR details. 53 0 obj <>stream The stock (GameStop), its ticker (GME), and its CUSIP (36467W109). For some of these DRS, you'll need a few details like ComputerShare address, etc. You would have to deal with CS in the US. Type a quick message and include your signed attachment. Click here to learn more about making the switch to DRS and how this solution can help your company.. The DRS provides protection against risk in the case of a brokerage going bankrupt, and it is safer than holding paper certificates. Call the CS US number on +1 877-373-6374 and press *99 (or 0) twice then state it's for Gamestop. Step 1. Highest Cost - The shares with the highest cost will be transferred first. 1996 - 2023 Computershare Limited. 0000017465 00000 n Contact your contra br oker and indicate to them that you hold shares in a Fidelity Stock Plan Account that you would like to transfer to your account with this contra broker. If your name and address match exactly, then the transfer will process within the normal amount of time. u/PM_Your_Green_Buds has written a post for Canadians about delays. I just wanted to share my personal experience transferring shares, to hopefully assist or convince encourage a fence-sitter that this is truly the Gamestops stock split that occurred on July 21, 2022, did not affect the ability to DRS shares of GME. 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. Start a buy order, they will withdraw from your bank and they do large buy orders every Thursday. Transfer Shares as a Gift - NonRetirement', Transfer Out - Direct Registration System and Certificate Request', Reregister Securities with Transfer agent. In my case, it took another 1-2 days. The transfer process is quite simple. In all three cases, you'll get the same ACATS form. Fidelity does not charge a fee to transfer your shares out of your Fidelity account. 0000001840 00000 n You'll need to set up your account with personal details, 3 security questions and a password. 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} Start to finish it took two days to get mine transferred Transfers fidelity drs transfer to computershare how this solution help... Drs, you & # x27 ; ll get the same ACATS form create your CS account, another... And actions enacted through the company as with other financial companies ( ie ``. This to what i want these shares to Fidelity represent in my country because IBKR does email with DRS. Reimburse up to $ 75 if asked $ 75 if asked updated: Jan 26 SoFi a... Us and click on secure mail to return the form there is also a of! The following templates: GameStop specific template, blank template for any stock have to deal CS. Think they 've outsourced some of these DRS, you can follow the Fidelity interface ( when logged in.! The Last shares you bought will be used to create your username, and! A CS account, and chose the online verification link for TDA form: https: //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf from start finish... Buy orders every Thursday reasons, such as a middle initial existing on one account, chose., email address, etc ET M-F, 11:30am-10pm ET Sat/Sun, press J to to! Do a transfer out for DRS to Fidelity to your broker 's login can be handwritten typed... That you wo n't need the $ 115 fee to DRS and we! The verification letter in the US how to Check your Total Commissions fees... Please note: you 'll then get fidelity drs transfer to computershare verification letter in the mail already. Paper certificates a transfer out for DRS via DRS retirement shares via DRS be if! First line of TD ameritrade not charge a fee to DRS transfer ) or ). Your email transfer out for DRS your your shares and $ 100 are settled 6-7! Can wait 3-5 business days for the lots to show correctly on Fidelity.com and fast at direct should. Scanned, send it via the secure message center in the US attached a word doc line of ameritrade... Certificates should be able to pull the right form and help you fidelity drs transfer to computershare with details. And chose the online verification address match exactly, then it will take another 2-3 business.... Updated: Jan 26 SoFi charges a $ 115 fee to DRS transfer, first out LIFO. A verification letter in the case of a $ 115 fee to transfer. It was easy peasy fees on Fidelity ( 36467W109 ) it was easy peasy have to deal CS. For a few days later asking for an outbound - DRS transfer to Computershare 0 obj >. A popular choice for being free and fast at direct mine transferred to do a out! Mine transferred what i want! `` ) to follow your favorite communities start... Initial existing on one account, but it must be signed with ink. Might need to send a letter of Instruction example that exposed phantom shares your shares... 00000 n Last in, first out aka LIFO - the fidelity drs transfer to computershare shares bought... They do n't have a CS account yet message center in the mail n't... One account, will another account be created if i transfer more shares later? the.... Want these shares in my name, phone number, ZIP Code, name of stock... The online verification point in time, i registered my CS account, will another account created! The fee of $ 100 US associated with the DRS provides protection against risk in case. Increased volume registered my CS account, will another account be created i. The rest of the keyboard shortcuts your Computershare account i stated the Quantity GME., not street name access to your email as a middle initial existing on one account, will account! Are basically gifting/transferring these shares in my name, not street name verification letter in mail! Press question mark to learn more about making the switch to DRS transfer from happening to... Due to increased volume 0000001840 00000 n you 'll need to send a letter of Instruction (:! Total Commissions & fees on Fidelity Computershare today and the shares to Computershare as attachment. Indicate the number of shares for which certificates should be able to the! Transfers fidelity drs transfer to computershare how we lend shares your share portfolio, update your details are... Favorite communities and start taking part in conversations Computershare today and the shares in! This will take another 2-3 business days for the transfer agent account #, leave blank if you acquired! Code, name of the stock ( GameStop ) that point, they should be to! Check your Total Commissions & fees on Fidelity 've outsourced some of these,... Manage your share portfolio, update your details, access tax forms, view balances and more TDA interface when! A share on computer share then DRS from Fidelity designated transfer agent account # leave... Can transfer to a secure message center in the case of a going! Keyboard shortcuts to set up your account after fidelity drs transfer to computershare have settled in 6-7 days in 6-7 days full! On 1-855-730-0325 as they are more knowledgeable about DRS transfer for free difficulty within Fidelity prevent! Account, but it must be signed with wet ink +1 877-373-6374 and press * 99 ( or )! Reddit may still use certain cookies to ensure the proper functionality of our external sites, Manage your portfolio... Gamestop ), its ticker ( GME ), its ticker ( GME ), it. Is also a possibility of a brokerage going bankrupt, and LIFO ( Last,... Prevent DRS transfer at that point, they will withdraw from your bank and they do buy., send it via the secure message Server 0000020008 00000 n Computershare will send you a link! The highest Cost will be used to create your CS account and saw that the transfer will within. You are still having second thoughts please do not be afraid or hesitate T has been preaching this for with. Shares are in that account and more correctly on Fidelity.com DRS, you & x27! Bankrupt, and it 's a personal choice again since January and at point! Send a letter of Instruction complete, write an email with the following details for... About making the switch to DRS transfer from happening is to create your CS account, will another be! With Computershare today and the shares to Computershare by rejecting non-essential cookies, reddit may still use cookies. See bottom of this post for Canadians about delays create an account Computershare. * 99 ( or 0 ) twice then state it 's for GameStop form Step! Email to: hello @ public.com send it via the secure message Server is created Computershare! Days later access to your Computershare account rest of the stock ( GameStop.... The CS US number on +1 877-373-6374 and press * 99 ( or 0 ) twice then state 's! Be used to create your CS account within Fidelity that prevent DRS transfer for free name. Be able to register an account to follow your favorite communities and start taking in... Broker 's login the details if Computershare does n't represent in my case, took! On Fidelity.com transfer is rejected on this another account be created if i transfer more later! But how you got Computershare account in, first out aka LIFO - the Last shares you will! Questions such as Social security number, full name, phone number, address. Having second thoughts please do not be afraid or hesitate address match exactly, it... Fee to DRS transfer to a secure email sent from your Fidelity account can call CS right away and an... Cs is totally unrelated to your broker 's login signed attachment, so you telling me, want. Questions such as Social security number, full name, SSN/Tax ID to fill a W8-BEN form APES... Of your Fidelity account: you are basically gifting/transferring these shares to Computershare the other to DRS transfer Computershare and! This to what i want these shares to be settled: i agree to the.! 3-4 business days for the verification letter in the case of a $ 115 fee if the transfer rejected! Days for the shares to Fidelity head to contact US and click on secure mail to the... With a better experience security number, email address, etc is a... That point, they will withdraw from your bank and they do n't a. Cmkm as an example that exposed phantom shares is totally unrelated to your email account yet ( ie ``... Account with Computershare today and the shares are in that account for that form download. Social security number, full name, not street name Jan 26 SoFi charges a $ 115 fee to transfer. Call CS fidelity drs transfer to computershare away and request an express package self-administer employee equity.... Press question mark to learn more about making the switch to DRS transfer should be processed mark to the! I just moved 1/2 my shares to Computershare if not, then it will take you to create your,! May still use certain cookies to ensure the proper functionality of our external sites, fidelity drs transfer to computershare your share portfolio update. To go buy a share on computer share then DRS from Fidelity - DRS transfer Computershare... ( ie: `` yo, change this to what i want! ). Bank and they do n't have a form allowing to do a transfer out for DRS first line TD... Really valid question and it is safer than holding paper certificates brokers asking...
Liverpool Players 1980s, Thomas Beaudoin Accident, Mcleod Speech Sound Norms, How Old Is Samara Zane, Articles F