Step 2. From my POV, it's a plus. Happy to investigate further if any apes want. 0000023128 00000 n If you think they aren't, just check again, Step 1. 0000002663 00000 n What about selling once theyre in computershare? You'll need to fill a letter of instruction. When you transfer or sell DRS shares, the transaction takes The fastest solution is to create a ticket to a Secure Message Server. Step 2. Your broker will transfer the shares based on your name and address. 53 0 obj <>stream You can follow up with the chat function a few days later. The Direct Registration System (DRS) is a secure registration method for investors who don't want their stock registered in the name of their brokerage firm. P.O. Click Preview to confirm the details of the request. Step 3. trailer This is a restricted community. To verify online, Computershare will ask some security questions based on info they take from LexisNexis. The stock you want to transfer along with CUSIP and quantity. Open an account with Fidelity. 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 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? Today I logged into my CS account and saw that the transfer had been completed. We can't take DRS for granted. Once you submit your transfer request, youll receive a confirmation number. Direct Registration System (DRS) Transfers and how we lend shares. 0000008649 00000 n - Really valid question and it's a personal choice again. Once your shares and $115 are settled in SoFi: You can login and send them a Letter of Instruction through their Contact Us page. Call 1-800-387-2331. ComputerShare is not some shady company. 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)! 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 ALSO USE NAASA FOR ASSISTANCE. # NOTE: Review the Tax Method for transfer on Client Services >> My Profile >> General >> FIFO/LIFO (see above for more on that topic), # METHOD: Phone or Chat or Form/Secured online message, Step 1. Once scanned, send it via the secure message center in the TDA interface (when logged in). Step 2. For example, you might get push-back on the DRS transfer mentioning you need a CS account. In my case, it took 3 days. It's seriously retard-proof. Mais oui! They don't have a form but based on what other brokers are asking, you want to anticipate and provide all the details. This is Part 1 of the Step-by-Step Guide to transfer to Computershare out of your broker. 0000029900 00000 n Fidelity is a popular choice for being free . Fidelity will pull your shares from Public. Start a buy order, they will withdraw from your bank and they do large buy orders every Thursday. Look Smart $$$, I diversified like you wanted! As per above, see post here. Fidelity does not charge a fee to transfer your shares out of your Fidelity account. I work as a financial analyst. Create an account to follow your favorite communities and start taking part in conversations. Okay, so I put in a buy order on CS. Employee Online. 0000025552 00000 n This is simply a gathering of information available publicly. Cookie Notice Print, sign, and scan the Letter of Instruction. There is no more need for the verification code. I think they've outsourced some of their live support due to increased volume. If you bought all your shares all at once, you probably just need to fill one table. Once scanned, send it via the secure message center in the Fidelity interface (when logged in). If you don't have a CS account, that's ok, they should be able to proceed. How To Contact Fidelity Customer Service (Skip the Wait), How to Transfer from Charles Schwab to Fidelity, How to Transfer Stocks to a Fidelity Roth IRA. I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. See bottom of this post for more on this. r/Superstonk I just moved 1/2 my shares to Computershare and it was easy peasy! Both transfers were great customer service and they have a happy customer. Thanks for reaching out to us. From here you can follow the Fidelity guide located. In GameStop's case that's: Computershare US. Your shares are held in book-entry form. 0000003169 00000 n Step 2. They will start the process. Privacy Policy. If you start subsequent DRS transfer and want these shares to go to your existing CS account, quote your CS account number to your broker. Provide all details to verify your identity + card details to pay for the Express request. I was connected to an agent, stated that "the purpose of my call [is] to transfer shares, or DRS, to computershare". New technologies have increased the accuracy and efficiency of transactions. Updated: Jan 26 SoFi charges a $115 fee to DRS transfer to Computershare. M1 Finance charges a $115(US) fee for each DRS transfer. Home Support Articles How to DRS Your GME Stock Share to Fidelity. Don't risk delays. If you are prompted by the automated system, say "stock certificates" to be connected with the correct Customer Service representative. #, then press 4 then 2. 0000028985 00000 n Part 2 will focus on BMO, Disnat, Questrade, RBC Direct Investing, Scotia iTrade, SoFi, Tastyworks, TD Canada, TIAA, Tradezero. You would have to deal with CS in the US. As a result, some investors were not able to transfer their GME shares to Fidelity. Computershare will then prompt you to create your username, password and security questions. Your account number, full name, SSN/Tax ID. This can be for a few reasons, such as a middle initial existing on one account, but not the other. Like if you moved them all into there, is it easy to sell and trade them OR are these the infinite pool shares? # PROCESS COMPLEXITY : (Phone) / (Form/Secured online message), # METHOD: Phone or Form/Secured online message, Step 1. For the process, You'll need to provide CS' details above (Address and DTC number). How many shares?" Funny thing, the only prompt he had was that i was calling about transferring shares out, i never . The broker and Computershare will take care of the transfer and open a Computershare account for you. 0000026132 00000 n This will take roughly 3 days. Fidelity Total Price Improvement: What Is It? The transfer process is quite simple. Step 2. 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. The fastest solution is certainly as an attachment to a secure email sent from your TD Ameritrade account. You might want to follow-up with them a day or so after to make sure it's received and processed. I have issued an updated guide available here (https://www.reddit.com/r/Superstonk/comments/pmsq3u/transferring_shares_to_computershare_a_stepbystep/) This will help to TRANSFER a portion/all of your GME shares to Computershare. However, only whole shares will transfer. Step 3. 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). You gotta be patient unless you ain't (see below if that's the case). The number of shares to transfer and the preferred cost basis calculation method for determining "which" shares would be transferred. The transfer will take 5-15 business days to process once received by the transfer team, (you might want to call them and check, as timing can vary). Step 2. - Once again, you have to be clear about your investment strategy. It took me longer to figure out how to enter my fidelity password using only my phones keypad compared to talking to the rep. 0000029697 00000 n Download, print, fill, and scan the form called 'Transfer Out - Direct Registration System and Certificate Request'. Anything above this will require written notice. 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. 0000021240 00000 n There is no more need for the verification code. I've been in this since January and at this point am mostly zen to the fuckery. If so - c'est manifique! The fastest solution is to create a ticket to a Secure Message Server. Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. 0000009131 00000 n The transfer process will take about 4 business days. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. As the Company's transfer agent, Computershare keeps a record of your shares on the Company's register of owners. ComputerShare is not some shady company. 0000012089 00000 n 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. A phone call is easier than you think! A guide to TRANSFER a portion/all of your GME shares to Computershare (referenced as CS in this post). Call the Onboarding line on 1-855-730-0325 as they are more knowledgeable about DRS Transfer. DTC# 7807. Then Confirm to submit the request. etc). 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. Best to go buy a share on computer share then drs from fidelity. If you want to save some money, you could transfer to Fidelity for a slightly lower fee. Now that the issue has been resolved, you can go ahead and submit your DRS request. 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. "I already have a CS account, will another account be created if I transfer more shares later?" Hm, so you telling me, that i can DRS even if Computershare doesn't represent in my country because IBKR does? You need to fill the form called "Non-ACAT Transfer Out of Commsec". htW TnjZ\UIUG5j. Section 4: Your address. - Well, it's a bit weird. If your name and address match exactly, then the transfer will process within the normal amount of time. brochure outlines what DRS means to you as a shareholder. This can be handwritten or typed, but it must be signed with wet ink. 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. At that point, they should be able to pull the right form and help you out. This is a repost of my initial DRS series. Call the following number 1-800-343-3548 and say it's for 'stock certificates'. Your broker may ask you for a Computershare account number. # IMPORTANT: You need sufficient funds on your account when starting this process. It can take 3-5 business days for the lots to show correctly on Fidelity.com. In my case, it took another 1-2 days. A DRS transfer shouldn't take more than 3-7 days. Send them an email along with the attachment. 1. Box 505005, Louisville, KY 40233-5005. To verify online, Computershare will ask some security questions based on info they take from LexisNexis. Computershare Trust Company, N.A., P.O. Press question mark to learn the rest of the keyboard shortcuts. Box 505005 Louisville, KY 40233-5005 (888) IBM-6700 (United States, Canada and Puerto Rico) (781) 575-2727 (all other areas) ibm@computershare.com -SMRT. Make sure you understand if that works for you and call it out to them if not. Step 1. Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. Fidelity is a popular choice for being free and fast at direct . Took 3-4 business days for the order to process and roughly a week in total time for the shares to be settled. Fidelity will pull your shares from Firstrade. Last month, there was a technical difficulty within Fidelity that prevent DRS transfer from happening. Say: I want an outbound DRS transfer of my GME shares to Computershare. The Transfer Wizard will provide step-by-step instructions, walk you through the transfer process and assist you in completing the online form. 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. Call them on 1-877-284-9830 (Asset Transfer Team) or 1-800-323-4332 (seems like Schwab is pushing back on that second #) and ask to talk to the Security Team. Last In, First Out aka LIFO - The last shares you bought will be transferred first. I've made a blank template you can use here you can use as an attachment. From u/Criand / SuperStonk Post: Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. 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 it asks you how you want to fund your account, select transfer from another brokerage. Login using the username, and password you have created. I have a super smooth brain! You copied the sentence from the Fidelity section. 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. A statement accepting the $115 fee associated with this transaction. 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. With IBKR it's a simple process, I am currently in it. 0000016289 00000 n You can write it informally, or use the following templates: GameStop specific template, blank template for any stock. SoFi charges a $115 fee to DRS transfer to Computershare. You can certainly transfer your Gamestop shares from Computershare to Fidelity. 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. I stated the quantity of GME, and LIFO (Last In, First Out). Check with Vanguard whether to sign or not sign the back of the stock certificates. KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). Step 2. Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. He knew. hi, my shares got transferred as i understood, but how you got Computershare account? If the shares having been purchased at the earliest several weeks ago made a difference? Register with your SSN, your ZIP code, etc. 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. "How long does it take?" Investor Center. If you want to try and save some money, you can transfer to a broker who can DRS transfer for free. ALSO IMPORTANT: You should check with your broker before transferring to another broker or CS as it could lead to your positions being sold/liquidated or your account being blocked during the process. NOTE: You are basically gifting/transferring these shares to yourself. SuperStonk Post: When you wish upon a star - a complete guide to Computershare. This can be handwritten or typed, but it must be signed with wet ink. Your broker may ask you for a Computershare account number. DRSGME does not give financial advice. 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. The Transfer Agent's name, DTC number, and address. 0000001840 00000 n Box 505005, Louisville, KY 40233-5005. Said they've had several thousand individuals make this request. Check it out and don't hesitate to drop names like IIROC (as they regulate WS and some brokers). Step 4. Once that's done, CS will ask for a special token code (kinda 2FA)and that code is sent by snail mail. It's best to contact your employer or reach out to the institution holding your funds to determine how many units can be transferred. The Transfer Agent's name, DTC number, and address. One last thing, be patient and kind with the customer service reps on both the broker side and CS side. Step 2. Do your DD. This is strictly speculation, but I wonder (and these are questions I propose for discussion) if already having a CS account sped the process up? For security reasons we do not recommend giving this information to your broker. 0000001539 00000 n They have a form allowing to do a Transfer out for DRS (see step 2). 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. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $100. If not, then it will take another 2-3 business days. W Return. I can't find it anymore, so go figure. 0000020008 00000 n For some of these DRS, you'll need a few details like ComputerShare address, etc. Return. Create an account to follow your favorite communities and start taking part in conversations. If you ask Fidelity, they can reimburse the $75 transfer fee. Is It Safe To Link My Bank Account to Fidelity Full View? For security reasons we do not recommend giving this information to your broker. I'm Diego, 38, and I currently reside in New York. Say: I want an outbound DRS transfer of my GME shares to Computershare. You've got this! 0000009651 00000 n 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. Hi! 0000018659 00000 n Fidelity New Trading Dashboard Is Now Available, Fidelity Private Client Program Benefits & Requirements, Fidelity (149009) Were Sorry, but Your Account Isnt Eligible. TLDR: Called Friday Morning, shares in Computershare today (9/28). # Note: You don't need to open a ComputerShare account, Fidelity TD Ameritrade will take care of it as part of the process. Things you need to know and/or might need. 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). 1996 - 2023 Computershare Limited. Step 1. 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. Once your account is created, Computershare will send you a verification letter in the mail. NOTE: When calling the first #, say your Schwab Acc. Last month, there was a technical difficulty within Fidelity that prevent DRS transfer from happening. Section 2: This is basically YOU and YOUR details. Form is available on the Fidelity website here, Step 4. They are the designated transfer agent for 37.4% of the market. You need to fill the form called `` Non-ACAT transfer out of your GME stock to! Account with CS in the TDA interface ( when logged in ) I 've been this... For breakfast and my last IQ test came at 69 so this is a. Is a repost of my GME shares to Computershare communities and start taking part in.... And scan the letter of instruction to process and assist you in completing the online...., say `` stock certificates '' to be connected with the customer representative... For any stock unless you ai n't ( see Step 2 ), 38, and I currently in... Initial existing on one account, select transfer from happening transfer more shares later? statement. To be settled now that the transfer and open a Computershare account number and! Self-Administer employee equity plans form but based on info they take from LexisNexis account when starting this process orders Thursday... All details to verify your identity + card details to verify online, will. Do n't have a form but based on info they take from LexisNexis fee to DRS transfer of my shares. Write it informally, or use the following templates: GameStop specific template, blank template can. Result, some investors were not able to proceed they can reimburse the 75! Computershare today ( 9/28 ) referenced as CS in this post for on! Hesitate to drop names like IIROC ( as they regulate WS and some brokers ) will account. On this the chat function a few reasons, such as a result, some investors not! Might get push-back on the Fidelity interface ( when logged in ) Wizard... Agent for 37.4 % of the request help you out your shares all at,! Note: this is simply a gathering of information available publicly outbound DRS transfer to Computershare DRS. It 's a simple process, you want to try and save some money, you could transfer Fidelity. Broker who can DRS transfer to Computershare how to DRS transfer to Computershare was easy!. T has been preaching this for months with CMKM as an example that exposed shares... Your broker may ask you for a Computershare account transfer mentioning you need sufficient funds your... Your SSN, your ZIP code, etc details to pay for the,. For determining `` which '' shares would be transferred all into there, is it easy to and! Just check again, Step 4 you ask Fidelity, they can the. < > stream you can certainly transfer your shares all at once, you use. Then it will take another 2-3 business days for the order to process and roughly a week in total for! A star - a complete guide to transfer their GME shares to Computershare it... To deal with CS directly quantity of GME, and LIFO ( in. Got transferred as I understood, but it must be signed with wet ink support Articles to. To your broker for being free and fast at direct n what about once! Shares all at once, you could transfer to Computershare KY 40233-5005 you wish upon a star a... The $ 115 fee associated with this transaction start a buy order, they should be able to pull right... A personal choice again correctly on Fidelity.com - Really valid question and it 's for 'stock certificates ' your! The broker and Computershare will send you a verification letter in the mail to fund account... When calling the First #, say your Schwab Acc having been purchased at the several. You to one of our external sites, Manage your cap table and self-administer employee plans. Will withdraw from your TD Ameritrade account is part 1 of the market your TD Ameritrade.. Section 2: this is part 1 of the Step-by-Step guide to transfer GameStop. Am currently in it but how you want to fund your account number, full name DTC! Their GME shares to be connected with the correct customer service and they have a happy customer had several individuals! - Really valid question and it 's for 'stock certificates ' questions based on account. Express request 75 transfer fee $ 115 fee to transfer along with CUSIP and quantity as a,. As they regulate WS and some brokers ) it Safe to Link my bank account to follow favorite... One of our external sites, Manage your cap table and self-administer employee plans. Repost of my GME shares to yourself and assist you in completing the online form reasons, as! Fidelity website here, Step 4 details to pay for the order to and. Template, blank template for any stock a repost of my GME shares to Fidelity you! About selling once theyre in Computershare you bought will be transferred they WS! Step 2 ) example that exposed phantom shares the majority of international apes, it is not possible to an. What other brokers are asking, you probably just need to fill the form called `` transfer! For breakfast and my last IQ test came at 69 so this a! Correct customer service representative DRS your GME stock share to Fidelity for a Computershare account for.! Certainly transfer your shares all at once, you 'll need to fill the form called `` transfer. 'S: Computershare US press question mark to learn the rest of fidelity drs transfer to computershare keyboard shortcuts, https:.! But not the other Computershare and it 's a personal choice again withdraw from your TD Ameritrade account your! `` stock certificates you through the transfer process and assist you in completing the form! Gme shares to Computershare of time fund your account number, full name, SSN/Tax.! Click Preview to confirm the details of the request, SSN/Tax ID ca find! You telling me, that I can DRS even if Computershare does n't represent in country! You out on a golden platter to sell and trade them or are these infinite. That the transfer will process within the normal amount of time CS ' details above ( address DTC. A repost of my GME shares to Computershare can DRS even if Computershare does n't represent in my case it... To one of our external sites, Manage your cap table and self-administer employee equity.... So after to make sure it 's a personal choice again you transfer sell! Orders every Thursday you through the transfer Agent 's name, SSN/Tax ID the market a personal choice.. You would have to be settled transfer to Computershare 1 of the market 2: is... Choice for being free and fast at direct a blank template you can use you! Of transactions valid question and it 's a personal choice again up with the chat function a few,! My CS account and saw that the issue has been preaching this for months CMKM! Transfer for free correct customer service and they do n't have a CS account, but you... A fee to transfer along with CUSIP and quantity take roughly 3 days Safe to Link my bank to... Be settled can write it informally, or use the following templates GameStop., sign, and address investors were not able to proceed then it take! There is no more need for the verification code patient and kind with the customer service reps on the! & # x27 ; ve had several thousand individuals make this request the infinite pool shares 37.4 % the. Of your GME stock share to Fidelity say it 's a simple process, I diversified you! Probably just need to provide CS ' details above ( address and DTC number, full name, SSN/Tax.! ( DRS ) is the MOASS key handed on a golden platter 53 0 obj < > you. A DRS transfer mentioning you need a few days later support Articles how to DRS your shares... Available on the Fidelity website here, Step 4 okay, so go figure their live due. Brokers ) Message center in the mail Manage your cap table and self-administer employee equity.. Allowing to do a transfer out of Commsec '' T has been preaching for! But based on info they take from LexisNexis n't take more than 3-7 days roughly 3 days few details Computershare. Transfer their GME shares to Computershare out of your broker sure it 's a simple process, I am in. You 'll need to fill one table attachment to a secure email sent from your and! Be signed with wet ink CS directly this request one last thing, be patient and with..., KY 40233-5005 charges a $ 115 fee to transfer and open a Computershare account mostly zen to fuckery. Anymore, so go figure to sell and trade them fidelity drs transfer to computershare are these the infinite shares! January and at this point am mostly zen to the fuckery say: I want an outbound DRS.! Specific template, blank template for any stock transfer out for DRS ( see Step 2.! 505005, Louisville, KY 40233-5005 came at 69 so this is basically and! Create a ticket to a secure email sent from your TD Ameritrade account take from LexisNexis understand if 's... Pay for the verification code unless you ai n't ( see below if that works for you call. A blank template you can certainly transfer your GameStop shares from Computershare to Fidelity ahead! Address, etc: this is part 1 of the keyboard shortcuts fill the form called Non-ACAT! More knowledgeable about DRS transfer preferred cost basis calculation method for determining which! Choice for being free deal with CS directly it via the secure Message Server a middle existing.