# NOTE: You don't need to open a CS account, Fidelity will take care of it. You'd like Express Post ($35 for US / $45 for international). I'm keen to include other brokers like Revolut, Degiro, WealthSimple, Schwab, Vanguard, and E*Trade so feel free to DM if you have details. BOX 505000 LOUISVILLE, KY 40233-5000 COMPUTERSHARE'S DTC NUMBER: 7807 ----------------- Fidelity (US) Step 4. See below: Ticker: GME CUSIP: 36467W109 ComputerShare details: COMPUTERSHARE TRUST COMPANY, N.A. hey, my account number appears as @*****####, where @ is a letter, # are numerals, and the asterisks are litterally asterisks. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 53 0 obj <>stream 0000003697 00000 n Step 2. You need to fill the form called "Transfer Shares as a Gift - Nonretirement". Call the following number 1-800-756-0128 1-800-343-3548 and say it's for 'stock certificates' Step 2. Step 2. Issuer Online. Someone made a post where he transferred some shares and sold one and the timeframes. From u/Criand / SuperStonk Post: Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. This is outlined for each broker below and; The process with CS (ie: create your account, register your account). # 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. Then you can enter the verification code. 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? There is no more need for the verification code. Anything above this will require written notice. Fidelity will pull your shares from Firstrade. Do they use PFOF? They are the designated transfer agent for 37.4% of the market. Each investor is responsible for their own decisions. When you receive the verification code letter: If you have any corrections, or know of any other brokers, please let us know through the. I noticed it doesn't work if your postcode as letters in it. 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. The wizard validates the information as you go through the process to ensure all key elements are entered. You will need to send a letter of instruction (ie: "yo, change this to what i want!"). I have asked them but yet to receive a reply. It takes a tiny bit more wrinkles but it's doable. Fees at $1,000 make it quite prohibitive to transfer IMO. When my plan plays out I fully intend to put money back in fidelity for my investments. Public charges a $100(US) fee for each DRS transfer. Login using the username, and password you have created. I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. Step 5. If you want to save some money, you could transfer to Fidelity for a slightly lower fee. Fidelity does not charge a fee to transfer your shares out of your Fidelity account. Obviously my experience might not be the same as yours but I would like to contribute this example to the pool of data. # Important: You need to have the $50 available on your account for the fees. Step 2. I think they've outsourced some of their live support due to increased volume. Step 2. Put a statement agreeing to the fees, (eg. You contact Commsec for that form or download it using the link below. Hours: 7am-10pm ET M-F, 11:30am-10pm ET Sat/Sun, Press J to jump to the feed. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. FYI, you'll need to provide: The lot you want to transfer along with the ticker GME and the CUSIP 36467W109, Computershare's details (DTC # and Address as per above), If you don't have a CS account, just write "To be created by Computershare" or "N/A", # NOTE: You don't need to open a CS account, Schwab will take care of it. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Gamestops stock split that occurred on July 21, 2022, did not affect the ability to DRS shares of GME. I agree to the fee of $100 US associated with the DRS transfer). You can follow up with the chat function a few days later. Once your your shares and $100 are settled in Public, you can send them a Letter of Instruction. 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. Once your your shares and $100 are settled in Public, you can send them a Letter of Instruction. "What happens to my shares once they are 'transferred' to CS?" Mais oui! You copied the sentence from the Fidelity section. 9 0 obj <> endobj Check with Vanguard whether to sign or not sign the back of the stock certificates. Was literally just about to request a guide, but alas. Computershare applies fees to services and actions enacted through the company as with other financial companies. 1996 - 2023 Computershare Limited. 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. Saxo trader (AUS, could be international). From here you can follow the Fidelity guide located. If you are still having second thoughts please do not be afraid or hesitate! 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). Computershare, along with Wells Fargo Shareowner Services, Broadridge Financial, and Amstock are all popular stock transfer agents. 0000029697 00000 n Our team is always happy to help. For a successful DRS transfer, your Fidelity account must also be in good standing, and there is no margin debit balance. New technologies have increased the accuracy and efficiency of transactions. There is also a possibility of a $115 fee if the transfer is rejected. Then Confirm to submit the request. Manage your employee portfolio, access tools and support features Access Issuer Online. This is simply a gathering of information available publicly. Step 3. Direct Register Shares from Fidelity Updated: Jan 26 Once your shares are settled in Fidelity: Call Fidelity at 800-343-3548, or use their online chat support ( https://www.fidelity.com/customer-service/contact-us ). Type a quick message and include your signed attachment. Total call time ~7 minutes. 0000040821 00000 n 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. Transfer Wizard is the quickest, easiest and most accurate method to create your transfer documents. You can also find the form online here but you'll then have to download, print, fill, scan and return. You'll need to provide the following details: # NOTE: You don't need to open a CS account, E*Trade will take care of it# IMPORTANT: You need sufficient funds on your account when starting this process.# IMPORTANT 2: Using the phone method, you can transfer without the fund requirement.# FEES: None but you will need $US500 on your account as a guarantee until E*Trade confirms that GME is an on-exchange security (NYSE) with a registrar.# PROCESS COMPLEXITY: # TIMING: 5-10 days# METHOD: Preferred method: Phone . If youre on the fence about transferring, like I was as Arnold would say, just do it! . Fidelity have been known to reimburse up to $75 if asked. Employee Online. They should have a secured message center. 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). Say: I want an outbound DRS transfer of my GME shares to 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. Things you need to know and/or might need. Step 2. Thought I'd make some bad charts for you visual apes to show what happens when shares are direct registered. At that point, they should be able to pull the right form and help you out. Answer security questions such as Social Security number, ZIP Code, name of the stock that you hold (GameStop). All rights reserved. We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. If so - c'est manifique! When you transfer or sell DRS shares, the transaction takes Each investor is responsible for their own decisions. You would have to deal with CS in the US. First In, First Out aka FIFO - The first shares you bought will be transferred first. Cookie Notice $1m/transaction so definitely lower than my floor. You need to fill the form called "Non-ACAT Transfer Out of Commsec". 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! Computershare Trust Company, N.A., P.O. 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. 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. 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). "What happens once the transfer has gone through with my broker?" Hi u/ksknksk, and welcome to r/fidelityinvestments. A phone call is easier than you think! From here you can follow the Fidelity guide located here. Access Investor Centre. However, only whole shares will transfer. Fidelity is a popular choice for being free . 0000002663 00000 n Return. Check the box next to the security for which a certificate should be issued or a DRS transfer should be processed. and our This will take roughly 3 days. Before transferring, you may want to contact the Transfer Agent to determine if there are any fees for their services and what the process is if a shareholder decides to sell their shares. 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. Step 2. As a result, a second account may be created for you. Basically, what lot do you want to transfer (date purchased, price, Symbol & CUSIP as per above), Section 3: Payment Method (make sure you have the funds), Step 1. Computershare is a leader in the financial world, offering items like employee equity plans, stakeholder communications, and diversified financial and economic governance service options. We have collected feedback from our Reddit posters about wanting that capability, but at this time we are only able to DRS shares from a non-retirement account. SuperStonk Post: When you wish upon a star - a complete guide to Computershare. Direct Registration System (DRS) Transfers and how we lend shares. # 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. Step 1. 0000009490 00000 n One last thing, be patient and kind with the customer service reps on both the broker side and CS side. (Check the preface FAQs for more on this), # NOTE: V will take care of opening CS account# FEES: $0# PROCESS COMPLEXITY: # TIMING: ~5-7 days# METHOD: Phone. Fidelity is a popular choice for being free and fast at direct registering shares. Step 2. This is incorrect. Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. Step 2. Return via email. Its a pretty quick and easy phone call and I think the quickest to get it done out of all brokers. The fastest solution is to create a ticket to a Secure Message Server. 1 Start a transfer Track a transfer you submitted or resume a saved transfer request Is an account transfer right for you? As a result, a second account may be created for you. DTC# 7807. Your shares are held in book-entry form. Transferring an IRA to CS is possible. They haven't provided a form but based on what I learnt from compiling this thread, I've been proactive in what I'm providing. Step 2. You might want to follow-up with them a day or so after to make sure it's received and processed. In most scenarios, you'll be able to transfer vested shares, which are shares that are secured in your possession. # 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. 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). 0000023128 00000 n 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. How To Check Your Total Commissions & Fees on Fidelity. Create your account after shares have settled in 6-7 days. Hi! 0000022736 00000 n It's worth checking if you can't find your broker in Part 1, Part 2, Part 3 or 4. They have a form allowing to do a Transfer out for DRS (see step 2). Fidelity will pull your shares from Public. You'll then get a verification link to your email. Click here to learn more about making the switch to DRS and how this solution can help your company.. Didn't even have to say what I wanted. Call the CS US number on +1 877-373-6374 and press *99 (or 0) twice then state it's for Gamestop. If you are in the US or Canada, you can check u/BananyaBangarang who has put together an awesome guide. 1. Don't risk delays. 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 stated above, they are not a broker yet the shares will show on your CS account, not your existing broker account. P.O. Start a buy order, they will withdraw from your bank and they do large buy orders every Thursday. Fidelity will pull your shares from Public. Download, print, fill, scan and return. Register with your SSN, your ZIP code, etc. Your account number, full name, SSN/Tax ID. You can then set up your account. 0000008649 00000 n The transfer process is quite simple. /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/UsersCountIndicator.2ab8dda40f822a31d31c_.css.map*/. How many shares?" Funny thing, the only prompt he had was that i was calling about transferring shares out, i never . 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'll need a few details ready: Your Commsec Account referred as Pershing Account Number, the security name (GME), and the CUSIP (36467W109). When you go through 'Ask TED', the agent will fill the form for you, Step 2. Why Is This Under My Account? 0000003901 00000 n M1 Finance charges a $115(US) fee for each DRS transfer. 0000001840 00000 n There is also a possibility of a $115 fee if the transfer is rejected. Send an email with the following details asking for an outbound - DRS Transfer. Create an account to follow your favorite communities and start taking part in conversations. Fidelity have been known to reimburse up to $75 if asked. Stock markets around the world are moving to electronic recordkeeping. Opinions and memes welcome. trailer 0000001539 00000 n Your broker will transfer the shares based on your name and address. DRS is share ownership without paper stock certificates. Public charges a $100(US) fee for each DRS transfer. Once scanned, send it via the secure message center in the TDA interface (when logged in). Said they've had several thousand individuals make this request. ._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} I FIRST purchased on CS a couple of weeks ago, and waited for my purchase to settle BEFORE beginning the transfer. Download, print, fill, and scan the form called 'Transfer Out - Direct Registration System and Certificate Request'. In my case, it took another 1-2 days. A statement accepting the $115 fee associated with this transaction. On the same day, I called the number for fidelity (as seen in the stickied post), stated "stock certificates" and was asked to verify my login details to my account via my phones numpad. Automated Stock Adminstrator's Portal As a result, some investors were not able to transfer their GME shares to Fidelity. 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. As the Company's transfer agent, Computershare keeps a record of your shares on the Company's register of owners. 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. NOTE: You'll see a note on top of the form for a $500 fee. You need to follow a process to ensure you don't incur a tax event on your transfer. Box 505005, Louisville, KY 40233-5005. 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. , full name, SSN/Tax ID # note: you need to fill the form called 'Transfer out - Registration... Make this request a ticket to a Secure message center in the US and most accurate to. Request ' ( GameStop ) you bought will be transferred first case, it took 1-2... Shares to computershare golden platter outsourced some of their live support due to increased volume with the following details for... From your bank and they do large buy orders every Thursday it quite prohibitive to transfer your shares and 100! Been known to reimburse up to $ 75 if asked successful DRS transfer allowing to do a Track. Transferred first certificate should be able to pull fidelity drs transfer to computershare right form and help you out a Letter Instruction! $ 75 if asked account transfer right for you, Step 2 pool of data similar technologies provide... Get it done out of your Fidelity account must also be in standing... Amstock are all popular stock transfer agents for GameStop in 6-7 days to increased volume, will. 50 available on your name and address but it 's received and processed ; had... Verification link to your email 's doable call the CS US number on 877-373-6374. It 's received and processed three times LESS likely to have their request rejected missing! Sign the back of the market to your email good standing, and the! Trust COMPANY, N.A your CS account, Fidelity will take you to fidelity drs transfer to computershare of external! Known to reimburse up to $ 75 if asked sell DRS shares, agent. Golden platter associated with the following details asking for an outbound DRS transfer top the! Fidelity guide located here you could transfer to Fidelity for a successful DRS transfer, will... To show what happens to my shares once they are the designated agent! Been known to reimburse up to $ 75 if asked note: this will take to. On +1 877-373-6374 and Press * 99 ( or 0 ) twice then state it for. Email with the chat function a few days later large buy orders every.! Account after shares have settled in public, you can Check u/BananyaBangarang who has put together an awesome.. First out fidelity drs transfer to computershare FIFO - the first shares you bought will be transferred first you visual apes to what. To one of our external sites, manage your cap table and self-administer employee equity plans transfer agent 37.4! Thing, be patient and kind with the DRS transfer ) Ticker: GME CUSIP: 36467W109 details... Sure it 's for GameStop quick and easy phone call and i think the quickest to it. Commsec for that form or download it using the username, and there is also a possibility of $... Sites, manage your cap table and self-administer employee equity plans call and i think the quickest, and! Information available publicly Step 2 ) said they & # x27 ; had! As yours but i would like to contribute this example to the security for which a certificate should be to! Resume a saved transfer request is an account transfer right for you, 2... Thousand individuals make this request not a broker yet the shares based on your CS account, not existing. You 'd like Express Post ( $ 35 for US / $ 45 international. What happens once the transfer has gone through with my broker? both!: create your account ) & # x27 ; ve had several thousand make! Account ) CS US number on +1 877-373-6374 and Press * 99 ( or ). Follow a process to ensure you do n't incur a tax event on your transfer are registered! ( when logged in ) reimburse up to $ 75 if asked MOASS... Shares based on your CS account, Fidelity will take you to one of our sites. The link below not financial advice help Redditors get answers to questions about products! Live support due to increased volume with Vanguard whether to sign or not sign the back of the.! Be the same as yours but i would like to contribute this to. Efficiency of transactions is responsible for their own decisions 0000003697 00000 n our team is always happy to.! The process to ensure you do n't incur a tax event on your.! Fee of $ 100 US associated with this transaction follow up with the following details asking for an DRS. Missing information other financial companies who has put together an awesome guide Check the box next to the security which. Transfer IMO their live support due to increased volume transfer request is an account to follow a process ensure! Account number, full name, SSN/Tax ID ) twice then state it 's doable a of! Their live support due to increased volume your CS account, Fidelity will you! Shares of GME may be created for you occurred on July 21, 2022, did not the. A pretty quick and easy phone call and i think the quickest, easiest and most method... To have their request rejected for missing information be processed technologies to you! Gme CUSIP: 36467W109 computershare details: computershare TRUST COMPANY, N.A what i!... Outbound DRS transfer our goal is to create your account after shares have settled in public, you can the! Able to pull the right form and help you out! `` ) want an outbound - DRS.... Reddit and its partners use cookies and similar technologies to provide you with a better experience in... A few days later `` transfer shares as a result, a account! Account number, full name, SSN/Tax ID happens when shares are direct registered, they will from... Wizard is the quickest to get it done out of all brokers choice for being and! / SuperStonk Post: when you wish upon a star - a complete guide to computershare might not be or. For missing information one and the timeframes account to follow your favorite communities and start part! For which a certificate should be issued or a DRS transfer 0000003697 00000 n your broker will the! Large buy orders every Thursday shares are direct registered the pool of data sold one and the timeframes missing. About transferring, like i was as Arnold would say, just do it their own decisions manage your table. A saved transfer request is an account transfer right for you visual to... Is to create a ticket to a Secure message Server with your SSN, Fidelity. Gme shares to computershare Step 2 sure it 's for GameStop our team is always happy to help do need... Manage your cap table and self-administer employee equity plans Sat/Sun, Press J to jump to the security for a. Each investor is responsible for their own decisions say, just do it came at 69 so this outlined... Fee associated with this transaction Step 2 ) for my investments in ) are the designated transfer agent for %. Questions about Fidelity products and services, Broadridge financial, and password you have.! N'T incur a tax event on your CS account, not your existing account! Stock certificates center in the US logged in ) 's doable could transfer to Fidelity for my.. Process with CS in the US the username, and there is fidelity drs transfer to computershare! I have asked them but yet to receive a reply and return shares based on your for! 69 so this is not financial advice some shares and sold one and the timeframes, and. Happy to help Redditors get answers to questions about Fidelity products and services Broadridge! 100 are settled in 6-7 days the fastest solution is to help being free and fast at Registering. Simply a gathering of information available publicly definitely lower than my floor as a result, a second account be... The CS US number on +1 877-373-6374 and Press * 99 ( or 0 ) twice state... ) fee for each broker below and ; fidelity drs transfer to computershare process with CS in US... This request of a $ 500 fee crayons for breakfast and my last IQ test came 69! Stock that you hold ( GameStop ) its partners use cookies and similar technologies to provide you with a experience! Want an outbound - DRS transfer should be processed how to Check your Total Commissions & fees on Fidelity them. Transfer ) together an awesome guide you fidelity drs transfer to computershare a better experience took another 1-2 days form or download using... Bought will be transferred first show on your name and address and CS side communities and taking... You would have to deal with CS in fidelity drs transfer to computershare US or Canada, you can follow with... - DRS transfer fee to transfer IMO are three times LESS likely have... Is to create your transfer documents transfers, trading and more next to the feed the TDA interface ( logged!, Press J to jump to the fee of $ 100 ( US fee! As Social security number, full name, SSN/Tax ID shares as a result, a account. A $ 115 fee if the transfer is rejected a successful DRS.! Visual apes to show what happens to my shares once they are 'transferred ' to CS? ZIP code name. And include your signed attachment around the world are moving to electronic recordkeeping at... Fidelity have been known to reimburse up to $ 75 if asked Registration System and certificate request.! Side and CS side a Gift - Nonretirement '', etc US $... In 6-7 days twice then state it 's received and processed transfer shares... We lend shares fidelity drs transfer to computershare aka FIFO - the first shares you bought will be transferred first, fill, and... And certificate request ' will show on your account ) to create account...
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