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What is an in-kind or ACAT transfer? An in-kind or ACAT transfer allows you to transfer your investments between brokers as is, meaning you don't have to sell investments and transfer the cash proceeds \u2014 you can simply move your existing investments to the new broker.
A service fee of $15.00 plus a processing fee, currently at $0.12 per each whole share and fraction sold, will be charged for each sale. The pro- cessing fee includes any applicable brokerage commissions Computershare is required to pay.
To transfer shares from Computershare please complete our ISA, Fund & Share or SIPP transfer form as well as a Computershare transfer form, which can all be found in our useful documents section. The transfer form will include details of any charges Computershare may levy for transferring away from their service.
Transferring a Stock Certificate The owner must endorse the stock by signing it in the presence of a guarantor, which can be their bank or broker. 2 There may also be a form on the back of the certificate, which relates to the transferring of ownership.
An investor can move from one stock broker to another for various reasons like the services offered, ease of doing transactions, brokerage or research services offered.
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An investor can move from one stock broker to another for various reasons like the services offered, ease of doing transactions, brokerage or research services offered.
Stocks can be given to a recipient as a gift whereby the recipient benefits from any gains in the stock's price. Gifting stock from an existing brokerage account involves an electronic transfer of the shares to the recipients' brokerage account.
Shares can be transferred only within the same Beneficiary Owner (BO) status, i.e., shares can be transferred only from an individual account to an individual account. Shares cannot be transferred from an individual account to a joint or NRI or HUF account and vice versa.
Many brokers charge a fee when you transfer brokerage account assets. The typical fee ranges from about $50 to $100, but not every broker has an account transfer fee. The only way to know how much your old broker charges is to check its list of fees or contact customer service.
You do not need an account with Computershare for a DRS transfer to be initiated.