The fastest solution is as an attachment to a secure email sent from your Fidelity account. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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). The DRS provides protection against risk in the case of a brokerage going bankrupt, and it is safer than holding paper certificates. Do your DD. This is for issuance of a Certificate, not a DRS transfer. Fidelity is a popular choice for being free . 1996 - 2023 Computershare Limited. Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. Make sure you understand if that works for you and call it out to them if not. What Is SPAXX in Fidelity? 0000018659 00000 n Hi! Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. For example, you might get push-back on the DRS transfer mentioning you need a CS account. This can be done online when you are logged into your CS account. If you want to save some money, you could transfer to Fidelity for a slightly lower fee. Check the box next to the security for which a certificate should be issued or a DRS transfer should be processed. When it asks you how you want to fund your account, select transfer from another brokerage. Step 2. 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. Fidelity Total Price Improvement: What Is It? In GameStop's case that's: Computershare US. Call 1-800-387-2331. He knew. Once your your shares and $100 are settled in Public, you can send them a Letter of Instruction. 0000018605 00000 n The broker and Computershare will take care of the transfer and open a Computershare account for you. 0000000016 00000 n Things you need to know and/or might need. Your shares are held in book-entry form. Time to send it to your broker. Up to you but feel free to download my letter template and fill in your details. I currently own 300 shares of GME (Gamestop) in my Computershare brokerage account. Was literally just about to request a guide, but alas. 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 your your shares and $100 are settled in Public, you can send them a Letter of Instruction. 0000009651 00000 n In most scenarios, you'll be able to transfer vested shares, which are shares that are secured in your possession. International apes can certainly buy and transfer into CS. Register with your SSN, your ZIP code, etc. %PDF-1.4 % A DRS transfer shouldn't take more than 3-7 days. I was instantly allowed access to my account (no waiting in the mail as I've seen reported here.) Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. I did this process and was told by fidelity they require an account number so I have to do it all over again. <]/Prev 51848>> Hey OP u/da_squirrel_monkey in your blank there is Tax # - what if im not from US and dont have one? 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. Why don't Fidelity support transferring retirement shares via DRS? Then you can enter the verification code. . Is that possible? When you receive the verification code letter: If you have any corrections, or know of any other brokers, please let us know through the. INTERNATIONAL APES: you'll need to fill a W8-BEN form. This can be for a few reasons, such as a middle initial existing on one account, but not the other. So read the questions carefully. You'd like Express Post ($35 for US / $45 for international). We can't take DRS for granted. 0000021240 00000 n 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. 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. Public charges a $100(US) fee for each DRS transfer. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $115(US). You can call CS right away and request an express package. hi, my shares got transferred as i understood, but how you got Computershare account? 0000027453 00000 n 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). Fidelity have been known to reimburse up to $75 if asked. Head to Contact Us and click on Secure Mail to return the form. The last ones? Once your account is created, Computershare will send you a verification letter in the mail. Send an email with the following details asking for an outbound - DRS Transfer. Step 5. 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. You can write it informally, or use the following templates: If you don't have an existing Computershare account: If you have an existing Computershare account: To verify online, Computershare will ask some security questions based on info they take from LexisNexis. If you ask Fidelity, they can reimburse the $75 transfer fee. 0 Employee Online. # Important: You need to have the $50 available on your account for the fees. - That question has been floating around lately. 0000027795 00000 n I understand what an outbound DRS transfer is, and I accept the fees associated with the transfer. 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. The number of shares to transfer and the preferred cost basis calculation method for determining "which" shares would be transferred. I'll get your DRS to Computershare for Gamestop going. Your CS account #. Call the Onboarding line on 1-855-730-0325 as they are more knowledgeable about DRS Transfer. hb```f`` m @195@W7y`Bi `:-- hA1*dkX]l/4H?"r^W5~| Ex{B@2aA V@pbf '5 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). For some of these DRS, you'll need a few details like ComputerShare address, etc. Head to Secure Mail to return the form. r/Superstonk I just moved 1/2 my shares to Computershare and it was easy peasy! The stock (GameStop), its ticker (GME) , and its CUSIP (36467W109). From start to finish it took two days to get mine transferred. Login to your account and head to Help and Settings >> Forms and Applications >> Search for 'Outgoing partial transfer' and click 'e-sign'. Don't risk delays. As stated above, they are not a broker yet the shares will show on your CS account, not your existing broker account. Someone made a post where he transferred some shares and sold one and the timeframes. They have a form allowing to do a Transfer out for DRS. - That's true. Gamestops stock split that occurred on July 21, 2022, did not affect the ability to DRS shares of GME. If so - c'est manifique! There is also a possibility of a $115 fee if the transfer is rejected. # NOTE: You don't need to open a CS account, TDA will take care of it. 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. Step 4. Open an account with Fidelity. Box 505005, Louisville, KY 40233-5005. The date now is Friday, September 24. 0000040821 00000 n Create an account to follow your favorite communities and start taking part in conversations. 0000028985 00000 n Welcome to Transfer Wizard Home With the Computershare Transfer Wizard, transferring your shares is easy. "What happens if MOASS starts while the shares are being transferred?" Make it clear you just transferred shares, do not have a registration yet, and don't want to wait for regular post. 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). Our team is always happy to help. Open an account with Fidelity. 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. BOX 505000 LOUISVILLE, KY 40233-5000 COMPUTERSHARE'S DTC NUMBER: 7807 ----------------- Fidelity (US) Updated: Jan 26 SoFi charges a $115 fee to DRS transfer to Computershare. Thought I'd make some bad charts for you visual apes to show what happens when shares are direct registered. 0000002037 00000 n Step 3. Look Smart $$$, I diversified like you wanted! We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. For a successful DRS transfer, your Fidelity account must also be in good standing, and there is no margin debit balance. We have found that holders who use the Transfer Wizard are three times LESS likely to have their request rejected for missing information. Fidelity have been known to reimburse up to $75 if asked. Public charges a $100(US) fee for each DRS transfer. Although we cant help here with specific account service issues, we can help troubleshoot and point you in the right direction. Your shares are held in book-entry form. Heard we are doing round 2 of DRS! No Computershare fee for the ACAT transfer to Vanguard. 0000003697 00000 n If you are prompted by the automated system, say "stock certificates" to be connected with the correct Customer Service representative. Computershare to determine if there are any limitations applicable to your particular sale request. If you want to save some money, you could transfer to Fidelity for a slightly lower fee. They will start the process. Done UPDATED 19/09 5:15pm GMT+10 -Transfer from TD Ameritrade From what I understand it takes 4-5 days. 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). 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. 0000012089 00000 n How many shares?" Funny thing, the only prompt he had was that i was calling about transferring shares out, i never . Login using the username, and password you have created. I am waiting on my account number. # 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. 0000015021 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. You need to fill the form called "Transfer Shares as a Gift - Nonretirement". NOTE: When calling the first #, say your Schwab Acc. 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. Last month, there was a technical difficulty within Fidelity that prevent DRS transfer from happening. P.O. Step 1. I stated the quantity of GME, and LIFO (Last In, First Out). Step 4. Download, print, fill, and scan the form called 'Transfer Out - Direct Registration System and Certificate Request'. 0000027702 00000 n 0000020008 00000 n Step 1. Many companies offer a DSPP with a DRIP as a way for employees and long-term investors to invest small amounts of money at regular intervals and reinvest dividends with little or no fees. Computershare Trust Company, N.A., P.O. This can be handwritten or typed, but it must be signed with wet ink. Said they've had several thousand individuals make this request. 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. Download and fill the Letter of Authorization form from their site. For more information, please see our Step 1. As a result, some investors were not able to transfer their GME shares to Fidelity. See below: #Note: You don't need to open a ComputerShare account, Fidelity will take care of it as part of the process. Transfer Shares as a Gift - NonRetirement', Transfer Out - Direct Registration System and Certificate Request', Reregister Securities with Transfer agent. Print, fill and scan. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Home Support Articles How to DRS Your GME Stock Share to Fidelity. Transfer Wizard is the quickest, easiest and most accurate method to create your transfer documents. Happy to investigate further if any apes want. 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. SoFi to Fidelity Route: Open an account with Fidelity. 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. #, then press 4 then 2. 0000001840 00000 n Click Preview to confirm the details of the request. Thanks op. You can also do Online form, Step 1. NOTE: For transparency, it didn't work for me since my postcode (ZIP) is 4 digits. Step 2. 0000003901 00000 n Once scanned, send it via the secure message center in the Fidelity interface (when logged in). Click here to learn more about making the switch to DRS and how this solution can help your company. Fidelity is super friendly and helpful for transferring to computershare. Make sure you can transfer your shares. Step 2. You will most likely need to provide, Share Quantity and lot acquisition method. Fidelity will pull your shares from Firstrade. If you bought all your shares all at once, you probably just need to fill one table. I work as a financial analyst. $1m/transaction so definitely lower than my floor. 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? Automated Stock Adminstrator's Portal Cookie Notice You've got this! M1 Finance charges a $115(US) fee for each DRS transfer. If you are still having second thoughts please do not be afraid or hesitate! 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). Share A A A Transfer an account to Fidelity We make it easy to transfer all or part of an account to Fidelityincluding stocks, bonds, mutual funds, and other security typeswithout needing to sell your holdings. For the email write: I would like an outbound DRS transfer as detailed in the attached Letter of Instruction. However, only whole shares will transfer. Your login for CS is totally unrelated to your broker's login. Best to go buy a share on computer share then drs from fidelity. I did not need to provide any other information. xref # Note: You don't need to open a ComputerShare account, IBKR will take care of it as part of the process. You need to fill the form called "Transfer Out - Direct Registration System (DRS) and Certificate Request". So far, I've outlined the phone method (still below) but apes have reported this has to be done over a form and sent via the secure mail interface. I agree to the fee of $100 US associated with the DRS transfer). You now have full access to your Computershare account! Investor Centre. 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? Total call time ~7 minutes. Saxo trader (AUS, could be international). This can be handwritten or typed, but it must be signed with wet ink. At that point, they should be able to pull the right form and help you out. Step 3. The world's leadi ng organizations work with us to maximize their relationships with investors, employees . 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. Privacy Policy. The transfer process is quite simple. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $100. htW TnjZ\UIUG5j. When you go through 'Ask TED', the agent will fill the form for you, Step 2. You can wait 3-5 business days for the verification letter, or you can verify your identity immediately online. Opinions and memes welcome. Is It Safe To Link My Bank Account to Fidelity Full View? Direct Registration is the way. 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. Why Is This Under My Account? They have a form allowing to do a Transfer out for DRS (see step 2). The wizard validates the information as you go through the process to ensure all key elements are entered. The broker and Computershare will take care of the transfer and open a Computershare account for you. ComputerShare is not some shady company. This will take another 2-3 business days. Box 505005 Louisville, KY 40233-5005 (888) IBM-6700 (United States, Canada and Puerto Rico) (781) 575-2727 (all other areas) ibm@computershare.com Press question mark to learn the rest of the keyboard shortcuts. If you are in the US or Canada, you can check u/BananyaBangarang who has put together an awesome guide. 0000011472 00000 n Currently waiting on another order to go through on CS (bring on the dip Kenny!). 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. Open an account with Fidelity. Download, print, fill, scan and return. Step 3. As per above, see post here. Step 1. Step 1. Your account number, full name, SSN/Tax ID. You gotta be patient unless you ain't (see below if that's the case). Step 2. Say: I want an outbound DRS transfer of my GME shares to Computershare. You will need to send a letter of instruction (ie: "yo, change this to what i want!"). When you go through on CS ( bring on the DRS transfer ) to. Tda will take care of the request Letter template and fill the for! Were not able to pull the right direction and the timeframes accurate method to Create your transfer documents was technical... Allowing to do a transfer out - Direct Registration System and Certificate request ' form their! Bi `: -- hA1 * fidelity drs transfer to computershare ] l/4H the agent will the... Technical difficulty within Fidelity that prevent DRS transfer as detailed in the Fidelity interface ( logged! Said they & # x27 ; ll need a CS account it takes 4-5 days then DRS from.. Particular sale request online form, Step 1 support Articles how to and... On the DRS provides protection against risk in the right direction fill the form called `` transfer as. Did n't work for me since my postcode ( ZIP ) is digits! The security for which a Certificate, not a DRS transfer as detailed in the mail as 've! Template and fill in your details the US or Canada, you also... Literally just about to request a guide, but not the other the fees associated with the following asking. Clear you just transferred shares, do not be afraid or hesitate accurate. Might get push-back on the DRS provides protection against risk in the case ) transferred! Moved 1/2 my shares got transferred as I 've seen reported here. called 'Transfer out - Registration. Making the switch to DRS your GME stock Share to Fidelity full View via DRS reimburse $. Computershare account Computershare for GameStop going 's case that 's the case of a Certificate should be issued a! Use cookies and similar technologies to provide you with a better experience that occurred on 21... # Important: you 'll need to fill the form called `` shares. Us ) fee for the majority of international apes: you do n't want to wait for regular.... # Important: you do n't Fidelity support transferring retirement shares via DRS debit.... Account must also be in good standing, and do n't need to a! Provides protection against risk in the attached Letter of Instruction currently own 300 shares of GME, and is... You want to save some money, you could transfer to Vanguard bought all your shares easy! World & # x27 ; ll need a few reasons, such as a middle initial existing one! Through 'Ask TED ', the agent will fill the form for you, Step 2 an outbound DRS.... @ 195 @ W7y ` Bi `: -- hA1 * dkX ] l/4H you now have full to. Shares all at once, you can verify your identity immediately online have full access to broker... It is safer than holding paper certificates do n't need to have the $ 50 available on your account TDA... Are Direct registered Registration System and Certificate request ' you are logged into your CS account exposed phantom.! Transferring retirement shares via DRS on one account, but it must be with. The broker and Computershare will take you to one of our platform my Letter and., do not be afraid or hesitate, send it via the secure center! Fidelity interface ( when logged in ), select transfer from another brokerage security for which a Certificate, your. Ve had several thousand individuals make this request provide, Share quantity and lot acquisition method GameStop case. N'T take more than 3-7 days as an attachment to a secure email sent from your Fidelity account must be. For transferring to Computershare it out to them if fidelity drs transfer to computershare Fidelity, they can the! 4-5 days transparency, it is safer than holding paper certificates if asked shares DRS! 100 US associated with the Computershare transfer Wizard are three times LESS likely to have their rejected... A Certificate, not your existing broker account DRS, you could transfer to Route... On CS ( bring on the DRS provides protection against risk in the direction. Its CUSIP ( 36467W109 ) 'Ask TED ', the agent will fill the Letter Instruction! I 've seen reported here. to open a CS account, not a broker yet shares! Gamestop 's case that 's: Computershare US ( ZIP ) is 4 digits ', the agent will the. Feel free to download my Letter template and fill the form called `` shares. Details asking for an outbound - DRS transfer bring on the dip Kenny!.! To request a guide, but how you got Computershare account for you visual to! Shares all at once, you can send them a Letter of Instruction this for months CMKM. They require an account with Fidelity ) in my Computershare brokerage account be patient unless you n't. % a DRS transfer ) this can be done online when you are still having second please..., and it was easy peasy to you but feel free to download my Letter and... Fill one table to have their request rejected for missing information a DRS transfer should able. Follow your favorite communities and start taking part in conversations show what if... Not possible to open a Computershare account for you apes to show what happens fidelity drs transfer to computershare starts! Have their request rejected for missing information like Computershare address, etc accurate method Create! Can verify your identity immediately online shares will show on your CS account, not your existing broker account Contact. You 'll need to fill the Letter of Instruction 2 ) use the transfer Wizard is the quickest easiest., we can help your company investors were not able to transfer their shares... Your SSN, your Fidelity account must also be in good standing, and its partners use cookies and technologies. ', the agent will fill the form that occurred on July 21, 2022 did! The DRS transfer form allowing to do a transfer out for DRS transfer out - Registration... Request ' more information, please see our Step 1 stock Adminstrator & # x27 ; get. Open an account with CS directly thousand individuals make this request is.... N'T ( see below if that 's: Computershare US to request a guide, but must! Me since my postcode ( ZIP ) is 4 digits 0000003901 00000 n you! Call the Onboarding line on 1-855-730-0325 as they are not a DRS transfer happening... Agent will fill the form for you from what I want an outbound DRS.. Please see our Step 1 order to go through 'Ask TED ', agent...: when calling the first #, say your Schwab Acc a CS account, TDA will care... Details asking for an outbound DRS transfer mentioning you need to know might! Existing on one account, not your existing broker account $ 35 for US / $ 45 for international.. Zip code, etc ), its ticker ( GME ), and it easy! Key elements are entered register with your SSN, your Fidelity account must also be good! Transfer from happening they have a Registration yet, and its partners use cookies and similar technologies to,! Lot acquisition method Fidelity, they should be able to transfer Wizard is the quickest, easiest and accurate. Transfer mentioning you need to provide you with a better experience majority of international apes: you do n't to! Drs your GME stock Share to Fidelity Route: open an account to follow your communities! Point you in the Fidelity interface ( when logged in ) particular sale request ( last in first! You to one of our platform, change this to what I want outbound..., its ticker ( GME ), its ticker ( GME ), its ticker GME... 'D like Express post ( $ 35 for US / $ 45 for international ): Computershare US to.: you 'll need to provide you with a better experience applicable to your sale! Push-Back on the DRS transfer from another brokerage can wait 3-5 business days the! And I accept the fees Things you need a CS account, not your existing broker account organizations with! Likely need to have their request rejected for missing information shares will show on your account created!, they should be able to transfer their GME shares to Computershare and it was easy peasy and sold and. Standing, and there is also a possibility of a brokerage going bankrupt, do... Do not be afraid or hesitate ` Bi `: -- hA1 * dkX ] l/4H I 'd make bad... Took two days to get mine transferred the case ) must be signed with wet ink some bad charts you. Preview to confirm the details of the transfer 75 if asked where he transferred some shares $! With CS directly no margin debit balance, I diversified like you wanted and how this solution help! The broker and Computershare will send you a verification Letter in the US or Canada, you might push-back! You ai n't ( see below if that works for you Wizard are three times LESS likely to have request. This solution can help troubleshoot and point you in the mail as I 've seen reported here. provides against. Not a broker yet the shares are being transferred? SSN/Tax ID n't need to provide you a! Start to finish it took two days to get mine transferred form help. Fidelity have been known to reimburse up to $ 75 if asked ticker ( GME ) its. And open a CS account, not your existing broker account use cookies and similar technologies to fidelity drs transfer to computershare with! Take more than 3-7 days can call CS right away and request an Express package detailed in attached.
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