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Off market transfer (OMT) from a different party/entity process

You can transfer the beneficial ownership of shares to your Stake account without having to buy or sell them on the market. 

An example is if you wish to transfer shares registered in the name of MR JOHN SMITH to your Stake account registered in the name of MRS JANE SMITH.

Please note the portfolio size must exceed A$1,000 for OMTs.

Things to consider

An Off-Market Transfer could have tax implications. Due to the complexities involved with tax, we recommend obtaining independent and professional advice that takes into account your own set of factors and circumstances. Stake is not able to provide tax advice in relation to the transferring of shares, as we’re not registered tax advisers.

What you’ll need

To begin the process, please get in touch here or email us at with the following: 

Please ensure you sign the OMT form with a wet ink signature (digital signatures are not permitted). 

When filling out the form: 

Point #3: State of Incorporation can be left blank

Point #5: Register can be left blank

Point #8: Consideration – We must also collect a monetary value for all OMTs, so this field cannot be $0. Purchases should reflect the market price of shares on the date of purchase. You can find market values quoted in daily newspapers or online.

Point #9: Date of purchase – please use the present date, i.e. the date of submission. We must collect a purchase date within three months. The purchase date will be the buyer’s purchase date, not the original purchase date of the joint applicants.

Please return the completed form to us via email, along with the following details from the external broker/platform:

  • Broker’s name
  • Account Name
  • Account Number
  • Participant ID (PID)

If you have any other questions in regards to this, please let us know. We will be happy to help guide you through filling out the form.


We currently cover the cost of these OMT requests, but this may change in the future. Please note, that your outgoing broker/platform may charge a fee for Off-Market Transfers.


How can I edit my average buy price?

We have created an easy process for you to amend your cost basis for your ASX holdings.

Click on to the share detail page of the stock you wish to edit:

  • On the company page, scroll down to average buy price
  • Click the edit icon next to the numerical value e.g. $0.00 
  • Edit the average buy price per share with numerical values
  • Select update to reflect the changes

Things to consider

You should retain any statements, dividend statements, trade confirmations, contract notes and bank account statements for your records.

As with all investments, due to the complexities involved with tax, we recommend you obtain independent & professional advice that considers your own set of facts and circumstances. The reporting available on Stake is not intended to replace any document that contains information that may be required for taxation purposes.

You are responsible for the calculation and accuracy of this information, including any tax consequences and changes to other records incorporating the average buy price.



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Stakeshop Pty Ltd, trading as Stake, ACN 610105505, is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) ('Sanlam') and an authorised representative (Authorised Representative No. 1241398) of Airwallex Pty Ltd (Australian Financial Services Licence No. 487221) ('Airwallex'). Stake is not authorised by Airwallex under Airwallex’s AFSL to arrange for clients to be issued with securities as Airwallex is not authorised under its AFSL for this purpose. Stake is not authorised by Sanlam under Sanlam’s AFSL to arrange for clients to be issued with a non-cash payment facility as Sanlam is not authorised under its AFSL for this purpose. Stake SMSF Pty Ltd (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. This specifically applies to any financial products which are established if you instruct Stake Super to set up a self managed super fund (‘SMSF’). When you sign up to Stake Super, you are contracting with Stake SMSF Pty Ltd who will assist in the establishment of a SMSF under a ‘no advice model’. You will also be referred to Stakeshop Pty Ltd to enable your trading account and bank account to be set up in order to use the Stake Website and/or App. Stakeshop Pty Ltd will also run marketing and promotions to you under. For more information about SMSFs, see our SMSF Risks page.The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake and Stake Super, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice given by Stake is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers  before deciding to invest on or use Stake or Stake Super. By using our website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake and Stake Super are registered trademarks in Australia.

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