<h4 id="h_01HMAG22RCRCA6WACVYN2R20YH">Outgoing ASX portfolio transfers</h4>
<p>For AUS Share Transfers from Stake to another broker, please confirm with the incoming broker if any fees apply on their end. To initiate an outgoing share transfer, please contact the new incoming broker who will look after the process for you.</p>
<p>Once we receive the request from your receiving broker, our share transfers team will process this.</p>

Outgoing portfolio transfer process

<h3 id="h_01HGW9JW7E9KWDXMCA34QBRYSR"><span style="color: #434343;">How do I transfer U.S. shares out of Stake?</span></h3>
<p>At Stake, much like exiting a trade, we make the share transfer out process as seamless as possible.   <br><br>To initiate a share transfer, simply contact your receiving broker and submit a share transfer request.  <br><br>While we fully support both ACATS and DTC transfers, the transfer method will depend on the external broker, so it’s best to check directly with them as to which method they support. If they support ACATS, that’s how we’ll process your share transfer. <br><br>Once you've filled out the relevant paperwork with them, you’ll need to complete the <a href="https://cdn.hellostake.com/content/transfers/Stake_Outgoing_Transfer_Form.pdf"><span class="wysiwyg-underline" style="color: #1155cc;">Outgoing Share Transfer Form</span></a>. Once filled out, please send this form to <a href="mailto:support@hellostake.com"><span class="wysiwyg-underline" style="color: #1155cc;">support@hellostake.com</span></a>. Upon receipt of your request from your receiving broker, we’ll verify your positions and approve the outgoing share transfer.<br><br></p>
<h4 id="h_01HGW9JW7EQX2WZTWDCTZE1JAV"><span style="color: #666666;">Fees &amp; items to note</span></h4>
<table style="border-collapse: collapse; width: 100%;" border="1">
<tbody>
<tr>
<td style="width: 65.5715%;">Share transfer method</td>
<td style="width: 34.4285%;">Pricing</td>
</tr>
<tr>
<td style="width: 65.5715%;">Share transfer out to another broker/transfer agent via ACATS</td>
<td style="width: 34.4285%;">US$65 per account.</td>
</tr>
<tr>
<td style="width: 65.5715%;">Share transfer out to another broker/transfer agent via DTC</td>
<td style="width: 34.4285%;">US$200 via DTC up to 4 positions. Additional positions are charged at $50 per position.</td>
</tr>
<tr>
<td style="width: 65.5715%;">Share transfer out to another transfer agent via DRS</td>
<td style="width: 34.4285%;">US$200 per position.</td>
</tr>
</tbody>
</table>
<p> <br>To cover these fees, please ensure you have a sufficient balance in your buying power before commencing the transfer, or it will be rejected. Your new broker may also charge a fee for incoming transfers, so please make sure you’re aware of these in advance. <br><br><em>Please note that fractional shares cannot be transferred out.</em> You can liquidate any fractional component and then transfer the settled cash as part of your portfolio transfer (cash positions cannot be transferred via DTC, only via ACATS). </p>
<p> </p>
<h4 id="h_01J8P4V9S6GMF063BYY4BXYF7K">Your new broker may need the following information:</h4>
<p>DTC Participant (Clearing number): #2402<br>Account: Your Stake Wall St account<br>Reference: Your full 17-digit Stake Account number (upper left-hand side of your monthly Stake Account Statement)<br>Contact Name: Transfers Team<br>Contact Email: us-sharetransfers@hellostake.com<br>Contact Phone: +1 973-559-6750 x 2418<br>Address: 28 Liberty Street, 50th Floor, New York, NY 10005</p>
<p> </p>
<h4 id="h_01HGW9JW7ETZ3FATTV7T0ZMBQB"><span style="color: #666666;">ACATS vs DTC </span></h4>
<p>ACATS (Automated Customer Account Transfer System) is a faster transfer method compared to DTC (Depository Trust Company) and allows for the transfer of equities and cash. DTC is a slower, more manual, and generally costlier process, which also only allows for the transfer of equities (not cash). </p>

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Outgoing portfolio transfer process

Outgoing ASX portfolio transfers