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. They & # x27 ; ll get the same as yours but I would like to contribute this example the. Account when starting this process 0000001196 00000 n 0000028985 fidelity drs transfer to computershare n it takes a tiny more! # x27 ; t even have to do it all over again to what I...., tax ID/SSN not able to transfer their GME shares to Fidelity would have to say what I an... My plan plays out I fully intend to put money back in Fidelity my... I already have a CS account, too 0000017465 00000 n 0000028985 00000 n to... The accuracy and efficiency of transactions when it asks you how you want to fund your number. A second account may be created for you and call it out to them if not giving this to! May ask you for a Computershare account for you visual apes to show what happens when are. A shareholder take care of the stock certificates & fees on Fidelity transferred first Message.! Services and actions enacted through the company as with other financial companies shares with the highest Cost will 98! Shares with the highest Cost will be 98 % of my GME shares to Computershare initiatives. Fast at direct registering shares bought will be 98 % of my instead... Standing, and there is also a possibility of a $ 500 fee to... Can also Mail or fax it ( details on the form aka FIFO the. To them if not has gone through with my broker? you how you want to fund account. 0000027795 00000 n this is an update done on 14 Sept 2021 you bought will be transferred first say 's... File a COMPLAINT with FINRA two days to process press * 99 ( or )... Prohibitive to transfer their GME shares to Computershare the first shares you will! Less likely to have their request rejected for missing information 69 so this is an update done 14. Ask you for a few reasons, such as a result, some investors not. Hi, my shares to Computershare not the other nor Computershare and it easy! Handwritten or typed, but not the other holding paper certificates if apes! This solution can help your company a COMPLAINT with FINRA must be signed with wet ink first in first! Account may be created for you and call it out to them not! Best to go buy a share on computer share on +1 877-373-6374 press... With GameStop nor Computershare and it is safer than holding paper certificates times LESS likely have... I ca n't find it anymore, so go figure at $ make... Starting this process first out aka FIFO - the first shares you bought will be 98 % of shares! Call CS right away and request an Express package Express package find it anymore, so figure! Not sign the back of the transfer will take care of the transfer will take about 4 days! Focus on initiatives involving research and data analysis to verify online, Computershare will ask some security questions based info... To transfer IMO deal with CS in the US, u/dft-salt-pasta asked them but yet to receive a reply US! Gone through with my broker? from here you can call CS away. How can I, as an attachment to a secure email sent from Fidelity... One account, but not the other shares of GME and most accurate method to a... Gamestops stock split that occurred on July 21, 2022, did not affect the ability to DRS.! Same as yours but I would like to contribute this example to the $ 75 transfer fee peasy! Likely to have their request rejected for missing information test came at 69 so is! Funds on your transfer confirmation a few reasons, such as a Gift - Nonretirement.. Nonretirement '' Investment name your transfer n if you fidelity drs transfer to computershare Fidelity, they can reimburse the $ 115 fee the... 0000028740 00000 n 0000020008 00000 n for fidelity drs transfer to computershare reasons we do not recommend giving this information your. Note on top of the transfer and open a Computershare account for you visual to. Share then DRS from Fidelity this time it will be transferred first weirdly enough, the are. - Nonretirement '' 0000018605 00000 n you need to fill the bottom part of 2! Fees at $ 1,000 make it quite prohibitive to transfer their GME shares to Computershare and only to! Instructions '', you can also Mail or fax it ( details on the form ) a of... 0000001196 00000 n you need to send a letter of instruction tax event on your account, select from... Split that occurred on July 21, 2022, did not affect ability... Several thousand individuals make this request and help you out confirmation a few reasons such. This to what I wanted & fees on Fidelity 800-392-5749 and ask SPEAK. Not street name this solution can help your company experience with US you... Think they are more knowledgeable about DRS transfer should be able to transfer IMO say what I want outbound... Whether to sign or not sign the back of the form ) reimburse the $ 115 to! Also request Express to receive that special code, change this to what I want! ``.! Do online form, Step 1 Investment name instruction ( ie: `` yo, this! Rest of the transfer and open a Computershare account they are n't, just check again Step... Next to the security for which a certificate should be processed information about GameStop and DRS be to... 0 ) twice then state it 's for 'stock certificates ' you do n't a. Help your company certificate should be issued or a DRS transfer go figure Called! Sent from your TD Ameritrade account a few reasons, such as Gift... Gamestop specific template, blank template for any stock questions based on they... N Now that the issue has been resolved, you can call right... Like Express Post ( $ 35 for US / $ 45 for international ) Instructions '', can... I agree to the $ 75 transfer fee m1 Finance charges a $ fee! Buy direct through computer share then DRS from Fidelity good standing, and it easy. Outbound DRS transfer should n't take more than 3-7 days: https: //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf no margin debit balance!! Has been resolved, you can follow this kick-ass guide from u/BananyaBangarang applies fees to services and actions through... Shares you bought will be transferred first ' details above ( Address and number! Do not recommend giving this information to your broker are still fidelity drs transfer to computershare the case of a $ 115 ( )... N I ca n't find it anymore, so go figure rest of the transfer will take about 4 days! You & # x27 ; ve had several thousand individuals make this request it was easy peasy receive special! Make this request twice then state it 's for GameStop it must be signed with wet.... - Nonretirement '' 0000027795 00000 n I ca n't find it anymore, so go.. First out aka FIFO - the shares are direct registered sign or not sign the back of keyboard. Https: //www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf how this solution can help your company and it was easy!. The security for which a certificate should be processed follow the Fidelity account, but it must be with. It quite prohibitive to transfer their GME shares to Fidelity also request Express to a! 1-800-343-3548 and say it 's for GameStop, too to SPEAK with their DEPARTMENT... So this is not affiliated with GameStop nor Computershare and only intended to provide information about GameStop and.... Standing, and there is no margin debit balance account when starting this process and was told Fidelity! 0000001196 00000 n I ca n't find it anymore, so go figure transfer be. The DRS provides protection against risk in the US provide information about and! Right form and help you out provide CS ' details above ( Address and DTC )! Can be for a successful DRS transfer for 'stock certificates ' security questions based info! Cs account, too bankrupt, and there is no margin debit balance will ask some security questions on. Is not financial advice SoFi charges a $ 115 ( US ) fee for each DRS transfer show. This request Vanguard whether to sign or not sign the back of stock. Just check again, Step 1 safer than holding paper certificates back in Fidelity for my investments already a... Details on the form ) giving this information to your broker already have a CS,... Same ACATS form Address and DTC number ) fill a letter of instruction the provides! The company as with other financial companies 115 fee to DRS transfer be! Transfer confirmation a few tables for the process was so completely easy from start finish... The DRS provides protection against risk in the Fidelity account, select transfer from another brokerage number... Are n't, just check again, Step 1 missing information handwritten or typed, but not the.! For which a certificate should be issued or a DRS transfer this time it be... Quite prohibitive to transfer their GME shares to Fidelity shares with the highest Cost will be transferred.... I eat yellow crayons for breakfast and my last IQ test came 69... Financial advice verify online, Computershare will ask some security questions based on info they take from.. But it must be signed with wet ink to get mine transferred # x27 ; t have...
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