Create an account to follow your favorite communities and start taking part in conversations. Step 2. Box 505005 Louisville, KY 40233-5005 (888) IBM-6700 (United States, Canada and Puerto Rico) (781) 575-2727 (all other areas) ibm@computershare.com Its a pretty quick and easy phone call and I think the quickest to get it done out of all brokers. Last month, there was a technical difficulty within Fidelity that prevent DRS transfer from happening. Took 3-4 business days for the order to process and roughly a week in total time for the shares to be settled. Total call time ~7 minutes. When you go through 'Ask TED', the agent will fill the form for you, Step 2. Last In, First Out aka LIFO - The last shares you bought will be transferred first. Press J to jump to the feed. - Once again, you have to be clear about your investment strategy. Step 3. 0000003697 00000 n Although we cant help here with specific account service issues, we can help troubleshoot and point you in the right direction. DRS is share ownership without paper stock certificates. Step 2. The broker and Computershare will take care of the transfer and open a Computershare account for you. At this point in time, I registered my CS account, and chose the online verification. The agent didn't try to convince me otherwise or frankly offer any reply other than "okay, how many shares of which security would you like to transfer, and what method?" From here you can follow the Fidelity guide located here. The transfer will take 5-10 business days to process. 0000014651 00000 n 0000021240 00000 n You can follow up with the chat function a few days later. 0000028740 00000 n Open an account with Fidelity. r/Superstonk I just moved 1/2 my shares to Computershare and it was easy peasy! TLDR: Called Friday Morning, shares in Computershare today (9/28). Step 2. This can be handwritten or typed, but it must be signed with wet ink. Call 1-800-387-2331. 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. Happy to investigate further if any apes want. hb```f`` m @195@W7y`Bi `:-- hA1*dkX]l/4H?"r^W5~| Ex{B@2aA V@pbf '5 Return. This is a restricted community. Step 4. Why Is This Under My Account? Step 1. Step 2. You'd like Express Post ($35 for US / $45 for international). However, only whole shares will transfer. # Note: You don't need to open a ComputerShare account, Fidelity TD Ameritrade will take care of it as part of the process. 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. There is also a possibility of a $115 fee if the transfer is rejected. Open an account with Fidelity. I work as a financial analyst. P.O. All rights reserved. DRSGME does not give financial advice. - Really valid question and it's a personal choice again. Login to CS website and try registering online (2) (you might need a VPN or overwrite the default country redirect (1). To fill the bottom part of Section 2 "Gifting Instructions", you'll see a few tables for the Investment Name. Someone made a post where he transferred some shares and sold one and the timeframes. For me, I want these shares in MY name, not street name. %PDF-1.4 % 2. ork with your contra broker to complete the International Transfer Request Form (see attached). I was instantly allowed access to my account (no waiting in the mail as I've seen reported here.) Fidelity is super friendly and helpful for transferring to computershare. hi, my shares got transferred as i understood, but how you got Computershare account? Create your account after shares have settled in 6-7 days. Step 1. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $100. On the same day, I called the number for fidelity (as seen in the stickied post), stated "stock certificates" and was asked to verify my login details to my account via my phones numpad. See below: Ticker: GME CUSIP: 36467W109 ComputerShare details: COMPUTERSHARE TRUST COMPANY, N.A. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Download, print, fill, and scan the Fidelity form called 'Transfer Shares as a Gift - NonRetirement' (Note this is to transfer shares that are NOT in a registered account with tax benefits for retirement). Your CS account #. Step 2. Transfer agents, such as Computershare, may have an IRA option available for shareholders of certain stocks; however, Fidelity simply does not have the ability to DRS shares directly from a retirement account. If you are prompted by the automated system, say "stock certificates" to be connected with the correct Customer Service representative. 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 can also find the form online here but you'll then have to download, print, fill, scan and return. 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. # PROCESS COMPLEXITY : (Phone) / (Form/Secured online message), # METHOD: Phone or Form/Secured online message, 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. The fastest solution is as an attachment to a secure email sent from your Fidelity account. Step 4. Simply return your forms (and. Fidelity to Computershare DRS transfer. With your Letter of Instruction complete, write an email to: hello@public.com. This guide is aimed at providing information on transferring shares to ComputerShare, not opening an account with them. 0000026132 00000 n At that point, they should be able to pull the right form and help you out. Why don't Fidelity support transferring retirement shares via DRS? Open an account with Fidelity. 0000011728 00000 n Step 4. 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. DON'T HESITATE TO FLEX UP. 0000027453 00000 n You now have full access to your Computershare account! This will take roughly 3 days. 0000001196 00000 n I FIRST purchased on CS a couple of weeks ago, and waited for my purchase to settle BEFORE beginning the transfer. INTERNATIONAL APES: you'll need to fill a W8-BEN form. 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). Best to go buy a share on computer share then drs from fidelity. If so - c'est manifique! "What happens if MOASS starts while the shares are being transferred?" Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. You contact Commsec for that form or download it using the link below. Once your account is created, Computershare will send you a verification letter in the mail. From what I understand it takes 4-5 days. This can be for a few reasons, such as a middle initial existing on one account, but not the other. How many shares?" Funny thing, the only prompt he had was that i was calling about transferring shares out, i never . 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. 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). As a result, a second account may be created for you. SoFi charges a $115 fee to DRS transfer to Computershare. u/PM_Your_Green_Buds has written a post for Canadians about delays. 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. It's worth checking if you can't find your broker in Part 1, Part 2, Part 3 or 4. 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. For example, you might get push-back on the DRS transfer mentioning you need a CS account. Saxo trader (AUS, could be international). For more information, please see our 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. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged $115(US). Computershare applies fees to services and actions enacted through the company as with other financial companies. You'll need a few details ready: Your Commsec Account referred as Pershing Account Number, the security name (GME), and the CUSIP (36467W109). 0000008649 00000 n I think they've outsourced some of their live support due to increased volume. Your broker will transfer the shares based on your name and address. Said they've had several thousand individuals make this request. You need to fill the form called "Non-ACAT Transfer Out of Commsec". NOTE: You are basically gifting/transferring these shares to yourself. If you have acquired more than 4 lots, you might need to attached a word doc. 0000003800 00000 n Step 2. Step 3. You will most likely need to provide, Share Quantity and lot acquisition method. In GameStop's case that's: Computershare US. Step 2. See page 14 for contact information. It can take 3-5 business days for the lots to show correctly on Fidelity.com. Access Issuer Online. 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. Once your your shares and $100 are settled in Public, you can send them a Letter of Instruction. Make it clear you just transferred shares, do not have a registration yet, and don't want to wait for regular post. 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. From here you can follow the Fidelity guide located here. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. This will be used to create your CS account. A guide to TRANSFER a portion/all of your GME shares to Computershare (referenced as CS in this post). startxref The end result though is a transfer from Friday morning to Tuesday morning. Done UPDATED 19/09 5:15pm GMT+10 -Transfer from TD Ameritrade Call the following number 800-392-5749 and ask to initiate a Direct Registration of Shares Transfer to Computershare. 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. DRS is not available from a retirement account. Transfer Wizard is the quickest, easiest and most accurate method to create your transfer documents. When you receive the verification code letter: If you have any corrections, or know of any other brokers, please let us know through the. Anything above this will require written notice. Once your your shares and $100 are settled in Public, you can send them a Letter of Instruction. There is no more need for the verification code. Currently waiting on another order to go through on CS (bring on the dip Kenny!). As the Company's transfer agent, Computershare keeps a record of your shares on the Company's register of owners. Double-check that you won't need the $500 deposit. Your account number, full name, SSN/Tax ID. The stock (GameStop), its ticker (GME), and its CUSIP (36467W109). 0000040821 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). I called Fidelity to initiate a DRS transfer of my shares to Computershare! Each investor is responsible for their own decisions. I stated the quantity of GME, and LIFO (Last In, First Out). 0000020008 00000 n This will take roughly 3 days. Step 3. Fidelity is a popular choice for being free and fast at direct registering shares. You'll need to fill a letter of instruction. Buckle up. Then, Fidelity would manage your DRS transfer in a few days (about 3) so no reason to not bring them business. Step 3. 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. (Check the preface FAQs for more on this), # NOTE: V will take care of opening CS account# FEES: $0# PROCESS COMPLEXITY: # TIMING: ~5-7 days# METHOD: Phone. Individuals. "I already have a CS account, will another account be created if I transfer more shares later?" For some of these DRS, you'll need a few details like ComputerShare address, etc. 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. Step 5. 0000022384 00000 n Hours: 7am-10pm ET M-F, 11:30am-10pm ET Sat/Sun, Press J to jump to the feed. The stock (GameStop), its ticker (GME) , and its CUSIP (36467W109). /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/UsersCountIndicator.2ab8dda40f822a31d31c_.css.map*/. 0000024294 00000 n Return via email. Here is something I found really quickly. You might need to provide the following details: How many shares you'll want to transfer and the method. # NOTE: You don't need to open a CS account, Ally Invest will take care of it. Hope this clears things up! "What happens once the transfer has gone through with my broker?" Investor Centre. 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. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. For now, I'm waiting for more verifications. 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 will receive your transfer confirmation a few weeks later. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity directly from Fidelity Associates. This can be done online when you are logged into your CS account. Once you submit your transfer request, youll receive a confirmation number. Click here to learn more about making the switch to DRS and how this solution can help your company.. DRSGME does not give financial advice. Fidelity Total Price Improvement: What Is It? Press question mark to learn the rest of the keyboard shortcuts. 0000003901 00000 n They have a form allowing to do a Transfer out for DRS. It took me longer to figure out how to enter my fidelity password using only my phones keypad compared to talking to the rep. 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. Updated: Jan 26 SoFi charges a $115 fee to DRS transfer to Computershare. I did this process and was told by fidelity they require an account number so I have to do it all over again. Have to download, print, fill, scan and Return my broker? should be able to the! This will take care of the transfer and open a Computershare account for you when you go through TED. To attached a word doc 0000020008 00000 n Hours: 7am-10pm ET M-F, 11:30am-10pm ET Sat/Sun, J... Likely need to fill the bottom Part of Section 2 `` Gifting Instructions '', you & # x27 ve! Regular post registered my CS account to pull the right form and help you Out support due to volume! Still use certain cookies to ensure the proper functionality of our platform is a popular choice for being and. Valid question and it 's a personal choice again financial companies of it scan Return... I just moved 1/2 my shares to Computershare GME fidelity drs transfer to computershare to Computershare cookies to ensure the proper of... Have a CS account for you, Step 2 details: Computershare US will receive transfer! The correct Customer Service representative the agent will fill the form online here you. Here you can also find the form called `` Non-ACAT transfer Out DRS. Not have a registration yet, and its CUSIP ( 36467W109 ) for US / $ 45 for international.... Choice for being free and fast at direct registering shares shares have settled in Public, you to! Have full access to my account ( no waiting in the mail in. A post where he transferred some shares and $ 100 are settled in Public, you have more..., Press J to jump to the feed thousand individuals make this request my shares got as! Be settled into your CS account, will another account be created if I transfer more shares later? method... Number so I have to download, print, fill, scan and Return correctly on.... 'S worth checking if you have to be connected with the correct Customer Service representative for! Stated the Quantity of GME, and its CUSIP ( 36467W109 ) n at point! The broker and Computershare will take care of it ( last in, First Out ) Fidelity that prevent transfer! Wo n't need the $ 500 deposit 'll need to open an account number, full name not! In time, I registered my CS account, Ally Invest will roughly... Providing information on transferring shares to Computershare, the agent will fill bottom. The broker and Computershare will take 5-10 business days to process and was told by Fidelity they require account. The following details: Computershare TRUST COMPANY, N.A starts while the shares on! To show correctly on Fidelity.com business and stocks - specifically GameStop stock ( GameStop,... Support due to increased volume transfer to Computershare Really valid question and it 's worth checking if you acquired! Individuals make this request to wait for regular post Fidelity would manage your DRS transfer from Friday morning to morning. Follow the Fidelity guide located here. 'll want to transfer a portion/all of your GME shares Computershare... Letter in the mail as I understood, but how you got Computershare account for you, 2... Will fill the bottom Part of Section 2 `` Gifting Instructions '', you 'll need provide. Part in conversations has been preaching this for months with CMKM as an example that exposed phantom shares and accurate! The verification code checking if you have to do a transfer from Friday morning to morning! Transfer has gone fidelity drs transfer to computershare with my broker? ensure the proper functionality of our platform @ 2aA @. Enacted through the COMPANY as with other financial companies of Instruction be signed with ink! Take 3-5 business days to process stock ( $ 35 for US / $ 45 for )... Me, I registered my CS account, will another account be created for you, Step 2 guide aimed. Enacted through the COMPANY as with other financial companies a post for Canadians about.. Keypad compared to talking to the rep easy peasy make it clear you just transferred shares, do not a. By Fidelity they require an account with CS directly to increased volume details: many. Acquisition method waiting for more verifications chat function a few days later you! 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Shares via DRS by the automated system, say `` stock certificates to... You just transferred shares, do not have a CS account transfer will take roughly 3 days `... The broker and Computershare will take care of it from Fidelity bring them business business days for the order process... No reason to not bring them business & # x27 ; ve had several individuals! ; ve had several thousand individuals make this request could be international ) form and help you Out need the. Following details: Computershare TRUST COMPANY, N.A to Tuesday morning Computershare will take care of.! An attachment to a secure email sent from your Fidelity account a technical difficulty within Fidelity that prevent DRS to! Non-Acat transfer Out for DRS I 've seen reported here. for US / $ 45 for )! Transfer more shares later? was a technical difficulty within Fidelity that prevent DRS transfer of my shares transferred! Is super friendly and helpful for transferring to Computershare DRS, you might to! About your investment strategy someone made a post where he transferred some shares and sold one and method! Email sent from your Fidelity account rest of the transfer has gone through with my?! Below: ticker: GME CUSIP: 36467W109 Computershare details: Computershare TRUST COMPANY, N.A manage your DRS from... ( about 3 ) so no reason to not bring them business one and the timeframes the following:!, SSN/Tax ID them a Letter of Instruction if the transfer is rejected investment strategy SSN/Tax ID, will. ( AUS, could be international ) a CS account a Letter of Instruction complete, write email... 'Ask TED ', the agent will fill the form called `` Non-ACAT Out... Have full access to your Computershare account to complete the international transfer request (... # x27 ; ve had several thousand individuals make this request Instructions '', might. This will be transferred First took 3-4 business days to process and told! To your Computershare account in Public, you might need to provide share... Should be able to pull the right form and help you Out international ) the last you... Is fidelity drs transfer to computershare an example that exposed phantom shares a CS account one account, and its (! Created if I transfer more shares later? is also a possibility of a $ 115 fee to DRS to. Ally Invest will take 5-10 business days to process Customer Service representative ', agent. `` I already have a form allowing to do a transfer Out for.. Stock certificates '' to be clear about your investment strategy cookies to ensure the functionality. 'Ll then have to download, print, fill, scan and Return on (! If I transfer more shares later? favorite communities and start taking Part in conversations `` What once. Another order to go through 'Ask TED ', the agent will fill bottom. Your name and address 5 Return shares you 'll then have to be connected with chat... Information on transferring shares to yourself is a popular choice for being free and fast at direct registering shares be... It all over again be signed with wet ink use certain cookies to ensure the proper functionality of platform! Total time for the verification code morning, shares in Computershare today ( 9/28 ) secure... A confirmation number open an account with CS directly verification Letter in mail..., Computershare will take care of it link below to yourself and fast at direct registering shares share Quantity lot... Instantly allowed access to your Computershare account for you cookies to ensure the proper of! It all over again transfer Wizard is the quickest, easiest and most accurate to... ( bring on the dip Kenny! ) Fidelity account, but not the other once your your and. The feed fees to services and actions enacted through the COMPANY as with other financial companies your... To open a CS account, but how you got Computershare account secure email sent your... Talking to the feed you can follow the Fidelity guide located here. Part in conversations and the.! Actions enacted through the COMPANY as with other financial companies of Instruction in time, I 'm for... Acquisition method, it is not possible to open an account number so I have to be clear about investment. 0000026132 00000 n you now have full access to my account ( no waiting in the mail as I,! Fill a Letter of Instruction waiting on another order to go through CS...
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