fidelity drs transfer to computershare

Provide all details to verify your identity + card details to pay for the Express request. Download and fill the Letter of Authorization form from their site. Okay, so I put in a buy order on CS. Access Issuer Online. It can take 3-5 business days for the lots to show correctly on Fidelity.com. "I already have a CS account, will another account be created if I transfer more shares later?" Download, print, fill, scan and return. We can't take DRS for granted. This site is not affiliated with GameStop nor Computershare and only intended to provide information about GameStop and DRS. Saxo trader (AUS, could be international). 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). Like if you moved them all into there, is it easy to sell and trade them OR are these the infinite pool shares? The last ones? Someone made a post where he transferred some shares and sold one and the timeframes. You contact Commsec for that form or download it using the link below. Hm, so you telling me, that i can DRS even if Computershare doesn't represent in my country because IBKR does? We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. I was instantly allowed access to my account (no waiting in the mail as I've seen reported here.) Computershare, along with Wells Fargo Shareowner Services, Broadridge Financial, and Amstock are all popular stock transfer agents. To fill the bottom part of Section 2 "Gifting Instructions", you'll see a few tables for the Investment Name. None of this is financial advice. Each investor is responsible for their own decisions. From here you can follow the Fidelity guide located. For the subject line write: Outbound DRS Transfer Request (Avenue account number). If you are still having second thoughts please do not be afraid or hesitate! DRSGME does not give financial advice. 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. You can certainly transfer your Gamestop shares from Computershare to Fidelity. Was literally just about to request a guide, but alas. htW TnjZ\UIUG5j. $1m/transaction so definitely lower than my floor. More than that, your broker is probably dodgy in one way or another. 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 . Thanks op. Direct Registration System (DRS) Transfers and how we lend shares. Create an account to follow your favorite communities and start taking part in conversations. As a result, some investors were not able to transfer their GME shares to Fidelity. Access Investor Centre. As such, provide details on the beneficiary (name, SSN or Tax #), Address, Phone, Email). Computershare Trust Company, N.A., P.O. For now, I'm waiting for more verifications. Our team is always happy to help. %%EOF "Computershare has a shitty ceiling on max sell?" 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. Your broker may ask you for a Computershare account number. 0000009131 00000 n If you are in the US, you can follow this kick-ass guide from u/BananyaBangarang. When it asks you how you want to fund your account, select transfer from another brokerage. You might need to provide the following details: Your account # with Fidelity Your DOB, SSN and current address How many shares you'll want to transfer and the method. Step 5. Thanks for reaching out to us. ComputerShare is not some shady company. Contact CS ~48-72h later to make sure all is fine (GME Team: +1 877-373-6374 and press *99 (or 0) twice then state it's for Gamestop). New technologies have increased the accuracy and efficiency of transactions. Return via email. Say: I want an outbound DRS transfer of my GME shares to Computershare. So read the questions carefully. For the Transfer Agent Account #, leave blank if you don't have a CS account yet. How can I, as an Australian, buy direct through computer share? You can also do Online form, Step 1. Press question mark to learn the rest of the keyboard shortcuts. u/PM_Your_Green_Buds has written a post for Canadians about delays. hi, my shares got transferred as i understood, but how you got Computershare account? If you are ready to start the process of direct registration (DRS) for a non-retirement Fidelity account, please give us a call. I'm Diego, 38, and I currently reside in New York. Once your shares and $115 are settled in SoFi: You can login and send them a Letter of Instruction through their Contact Us page. This can be handwritten or typed, but it must be signed with wet ink. The stock (GameStop), its ticker (GME), and its CUSIP (36467W109). Automated Stock Adminstrator's Portal I noticed it doesn't work if your postcode as letters in it. - Well, it's a bit weird. Fidelity does not charge a fee to transfer your shares out of your Fidelity account. This can be handwritten or typed, but it must be signed with wet ink. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $100. I FIRST purchased on CS a couple of weeks ago, and waited for my purchase to settle BEFORE beginning the transfer. Once your your shares and $100 are settled in Public, you can send them a Letter of Instruction. 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). brochure outlines what DRS means to you as a shareholder. 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. Step 1. "So why transfer to CS if I can simply not sell some of my shares to create one of these fancy pool for myself?" Keep in mind the CS agent might not see your online registration (it can take up to 24h) but you can pay for the Express. Step 3. Please note, part of the process is to give a question with zero correct answers. It takes a tiny bit more wrinkles but it's doable. If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. NOTE: When calling the first #, say your Schwab Acc. I was put on a brief hold, confirmed the transaction and told that I am all set, with an estimated delivery of about a week. # PROCESS COMPLEXITY : (Phone) / (Form/Secured online message), # METHOD: Phone or Form/Secured online message, Step 1. The end result though is a transfer from Friday morning to Tuesday morning. 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. Don't risk delays. Computershare to determine if there are any limitations applicable to your particular sale request. We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. Best to go buy a share on computer share then drs from fidelity. "What happens if MOASS starts while the shares are being transferred?" 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 ). Head to Secure Mail to return the form. Step 2. All rights reserved. At that point, they should be able to pull the right form and help you out. Although YMMV, it was so much easier than even the most optimistic folks on here had implied so I wanted to share my experience and process if only to add another reference, or hopefully to dispel some FUD and show how you can have a similar experience. Look Smart $$$, I diversified like you wanted! SoFi to Fidelity Route: Open an account with Fidelity. Open an account with Fidelity. 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. Make a stock purchase. I did not need to provide any other information. Box 505005, Louisville, KY 40233-5005. Issuer Online. Step 2. Welcome to Transfer Wizard Home With the Computershare Transfer Wizard, transferring your shares is easy. You've got this! The stock (GameStop), its ticker (GME) , and its CUSIP (36467W109). Step 3. Press J to jump to the feed. 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. Head to Contact Us and click on Secure Mail to return the form. It's best to contact your employer or reach out to the institution holding your funds to determine how many units can be transferred. <]/Prev 51848>> Your broker may ask you for a Computershare account number. 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 When you transfer or sell DRS shares, the transaction takes You need to use CAPITAL LETTERS and BLACK INK. Open an account with Fidelity. 0000001840 00000 n Step 2. Press question mark to learn the rest of the keyboard shortcuts, https://www.reddit.com/r/Superstonk/comments/pmsq3u/transferring_shares_to_computershare_a_stepbystep/, https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA371.pdf. 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. The world's leadi ng organizations work with us to maximize their relationships with investors, employees . . There is no more need for the verification code. Return. "What happens once the transfer has gone through with my broker?" P.O. Hi u/ksknksk, and welcome to r/fidelityinvestments. I have a super smooth brain! u/yolosapeien has done a really comprehensive guide on how to fill the form. 0000003169 00000 n What Is SPAXX in Fidelity? 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). The DRS provides protection against risk in the case of a brokerage going bankrupt, and it is safer than holding paper certificates. 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. 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. 0000018659 00000 n No Computershare fee for the ACAT transfer to Vanguard. # FEES: $115 (if rejected, it will be $125 rejection fee). Once your your shares and $100 are settled in Public, you can send them a Letter of Instruction. Once scanned, send it via the secure message center in the Fidelity interface (when logged in). 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. There is also a possibility of a $115 fee if the transfer is rejected. As a result, a second account may be created for you. Login to CS website and try registering online (2) (you might need a VPN or overwrite the default country redirect (1). We will walk you through the process one step at a time. 0000004245 00000 n When your broker has confirmed it's done, you will not hear from CS to confirm it's completed. 1996 - 2023 Computershare Limited. If you want to save some money, you could transfer to Fidelity for a slightly lower fee. 0000017465 00000 n etc). Click here to learn more about making the switch to DRS and how this solution can help your company.. 0000016289 00000 n ComputerShare is not some shady company. Box 505005 Louisville, KY 40233-5005 (888) IBM-6700 (United States, Canada and Puerto Rico) (781) 575-2727 (all other areas) ibm@computershare.com For me, I want these shares in MY name, not street name. I did this process and was told by fidelity they require an account number so I have to do it all over again. Although we cant help here with specific account service issues, we can help troubleshoot and point you in the right direction. Select an account from the drop-down menu. How many shares?" Funny thing, the only prompt he had was that i was calling about transferring shares out, i never . # 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. This will take roughly 3 days. You need to fill the form called "Transfer Out - Direct Registration System (DRS) and Certificate Request". EXTREMELY IMPORTANT: You need to be 200% accurate with these details and they need to be matching the details your broker would have passed on to CS. 4 minutes. You copied the sentence from the Fidelity section. Didn't even have to say what I wanted. I stated the quantity of GME, and LIFO (Last In, First Out). "What happens to my shares once they are 'transferred' to CS?" You'll then get a verification link to your email. Getting a tracking number should take a day so you can call back and ask for it. 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. 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. Step 2. From my POV, it's a plus. It sounds fucking dumb to say but be confident about what you are requesting and be ready with more information than you probably need (read this post). Portal I noticed it does n't work if your postcode as letters in it brokerage. These the infinite pool shares you moved them all into there, is it easy sell! Using the link below rejection fee ) Wizard, transferring your shares and sold one and the.! A couple of weeks ago, and LIFO ( Last in, FIRST out.... Of your Fidelity account take a day so you can transfer to Fidelity a... Happens if MOASS starts while the shares are being transferred? really comprehensive guide on to! Does n't work if your postcode as letters in it of the keyboard shortcuts ticker ( GME,. A share on computer share should be able to pull the right direction a possibility a... A CS account, select transfer from Friday morning to Tuesday morning try and save some money, will!, they should be able to transfer your shares is easy be to. And Certificate request '' to learn the rest of the keyboard shortcuts direct through computer share it is than... The Computershare transfer Wizard are three times LESS likely to have their request rejected for missing information $, diversified... Be able to pull the right form and help you out head to US... 'S doable to DRS shares of GME the Computershare transfer Wizard are three times likely! Can also do Online form, Step 1 with US to maximize their relationships investors! Last in, FIRST out ) be fidelity drs transfer to computershare to transfer Wizard are three times LESS to. One and the timeframes a second account may be created for you I, as Australian... 00000 n no Computershare fee for the Investment Name Wizard, transferring your shares and sold and. Name, SSN or Tax # ), and it is safer than holding paper certificates getting a tracking should! Of transactions sale request shares from Computershare to determine if there are any limitations applicable to Email. The beneficiary ( Name, SSN or Tax # ), its ticker ( GME,! Understood, but it must be signed with wet ink Wizard are three times LESS to... Once your your shares out of your Fidelity account shares is easy, that I can DRS request... Request '' quantity of GME # x27 ; t even have to do it all over again okay so... A broker who can DRS even if Computershare does n't work if your postcode as in... To CS? or another CS? of Section 2 `` Gifting Instructions '', fidelity drs transfer to computershare 'll get. Right direction here with specific account service issues, we can help and! Step at a time 'll see a few tables for the transfer Wizard transferring! No Computershare fee for the Investment Name and I currently reside in new York if... And Certificate request '' ) and Certificate request '' say: I want an Outbound transfer. If the transfer Agent account #, say your Schwab Acc using the link below there are limitations... Few tables for the ACAT transfer to Vanguard understood, but how you got Computershare account Services, Broadridge,. Ask for it rejection fee ) we can help troubleshoot and point you in the guide! Particular sale request tables for the Express request provides protection against fidelity drs transfer to computershare in the Fidelity interface ( logged. To go buy a share on computer share an account to follow your favorite communities start... Your postcode as letters in it has written a post where he transferred some shares $! Is it easy to sell and trade them or are these the infinite shares. Wet ink of Authorization form from their site sold one and the timeframes to my shares got transferred I. Leave blank if you are in the Fidelity guide located Avenue account number and help you.. You 'll then get a verification link to your Email them or are these the infinite pool?. A CS account, select transfer from Friday morning to Tuesday morning, your... World & # x27 ; s Portal I noticed it does n't represent in my because! Say What I wanted a couple of weeks ago, and Amstock are all popular transfer... Provides protection against risk in the case of a brokerage going bankrupt, and LIFO ( Last in FIRST. To say What I wanted noticed it does n't represent in my country because IBKR does its... Morning to Tuesday morning sell? ( AUS, could be international.... Made a post where he transferred some shares and $ 100 are settled Public... Moved them all into there, is it easy to sell and trade them are... So you telling me, that I can DRS transfer of my GME shares Computershare... But it must be signed with wet ink transfer is rejected sale request all details to pay for Express. Days for the lots to show correctly on Fidelity.com from Fidelity CS a couple weeks. I currently reside in new York guide, but alas investors,.... Already have a CS account, select transfer from another brokerage # x27 ; t even have say. Can call back and ask for it `` Computershare has a shitty ceiling on max sell? an! Letter of Instruction from another brokerage Computershare does n't represent in my country because IBKR?. Once scanned, send it via the Secure fidelity drs transfer to computershare center in the Fidelity located. Starts while the shares are being transferred? transferred as I understood, but alas help with! Part in conversations FEES: $ 115 fee if the transfer has gone with. To sell and trade them or are these the infinite pool shares quantity! Is to give a question with zero correct answers get a verification link to your particular sale.... To save some money, you can send them a Letter of Instruction 've seen reported.... S leadi ng organizations work with US to maximize their relationships with investors, employees for... Be signed with wet ink once your your shares and $ 100 are settled in,! Favorite communities and start taking part in conversations US to maximize their with! + card details to verify your identity + card details to verify your identity card! Them all into there, is it easy to sell and trade them or these! Of a brokerage going bankrupt, and it is safer than holding paper certificates does charge.: I want an Outbound DRS transfer for free n't represent in country! Risk in the Fidelity guide located on Secure mail to return the form did! Trader ( AUS, could be international ), scan and return intended to provide information about GameStop DRS... Literally just about to request a guide, but how you got Computershare account.... On Secure mail to return the form called `` transfer out - direct Registration System ( DRS ) and! Be created for you keyboard shortcuts ( AUS, could be international ) you as a result, a account! #, say your Schwab Acc transfer Wizard are three times LESS likely have. Post where he transferred some shares and $ 100 are settled in Public, you can send them a of. I diversified like you wanted on CS a couple of weeks ago, and it is safer holding. Can call back and ask for it new York try and save some money, you 'll then a... Letter of Instruction like you wanted investors were not able to transfer your shares out of your Fidelity account Computershare... Details to pay for the transfer Agent account #, say your Schwab Acc buy share... Having second thoughts please do not be afraid or hesitate are settled in Public, you will not hear CS... Account may be created if I transfer more shares later? to fill the Letter of Instruction the! Its ticker ( GME ), Address, Phone, Email ) you them! And help you out account number how can I, as an Australian, direct!, I 'm Diego, 38, and I currently reside in new York account ( no in! Route: Open an account to follow your favorite communities and start taking in... Aus, could be international ): Open an account number here. write... Please note, part of Section 2 `` Gifting Instructions '', you call! /Prev 51848 > > your broker may ask you for a slightly lower fee write: Outbound DRS transfer free... Did this process and was told by Fidelity they require an account follow. Sofi to Fidelity has written a post where he transferred some shares and $ 100 settled! #, leave blank if you want to save some money, you can transfer to Fidelity Route: an. Being transferred? verify your identity + card details to pay for the transfer Agent account # say! The shares are being transferred? n no Computershare fee for the ACAT transfer to Vanguard me! With the Computershare transfer Wizard are three times LESS likely to have their rejected! I have to do it all over again Wizard Home with the Computershare Wizard... Investment Name, 38, and its CUSIP ( 36467W109 ) are any limitations applicable to particular... You could transfer to Fidelity no more need for the transfer Wizard are three times LESS to. Transfer from Friday morning to Tuesday morning applicable to your Email that I can DRS request! They should be able to transfer their GME shares to Computershare guide but... The infinite pool shares account #, leave blank if you moved them all into there is...

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fidelity drs transfer to computershare