The table below outlines the options individuals who reside outside of Canada and the United States can explore to obtain a Medallion Signature Guarantee (MSG). "> 6wH/j (0b``:{ }I Or, use our new online dealing desk to sell your shares Go to Online Share Dealing PO Box 505005 A fee of $5 per investment will be deducted (prior to investment) from the check of current stockholders of record. Ililisister 3 yr. ago just found out basically computershare will charge me to liquidate at .07 a share + $11 or $20 fee - vanguard will do it for free. It's like pulling teeth getting all the paperwork/funds. Some financial institutions outside the United States offer a medallion signature guarantee to existing customers if the financial institution has a corresponding relationship with a United States bank. For non-stockholders of record, if you don't already have an IBM account with Computershare, the first investment has a $500 minimum investment requirement. No. %PDF-1.6 % 0 1 844 782 6763, Online at: This makes up the secondary market, where stocks trade after being sold directly from a company. It also issues account statements. One thing, transferring common stock is all on your brokers side computer only mails a statement that you present to your broker. boydj 020 8150 2010, Calling from outside the UK: Additional share purchases may be made by sending a check or money order payable to "Computershare-IBM", for as little as $50, up to a yearly investment limit of $250,000, to Computershare Trust Company, N.A., IBM, PO Box 6006, Carol Stream, IL 60197-6006. Thanks, Brendan - I wrote to the CEO directly as suggested. Shares purchased through the CIP will be held in book entry form at Computershare. so the best, cheapest way to do it is to fill out the brokerage transfer form (so my stock isn't being sold by computershare, who charges a fee), do an inkind transfer to vanguard, then ask them to sell the stock - 0 fees. {o9Hr{Cp4*KtN`6m"s!jz[L|Rp0. @ This service is typically reserved for direct stock purchase programs and are offered through transfer agents like Computershare. Please review the prospectus carefully before you decide to invest. 0000022260 00000 n 0000001559 00000 n However, you can also request a certificate for full shares. i'll just have to pay capital gains at the end of the year. Oh and why do I want to transfer just out of curiosity? 0000002404 00000 n Following is a link to a searchable database: And was I aware there is a limit to sell on Computershare, etc. Just wondering. 0000023100 00000 n the applicable stock exchange, by Computershare at its sole discretion or, if Computershare's broker has not filled the order, at a Participant's request made online. This means that you must have at least one share registered in your name on the records of IBM. .HLNq- Fees will be deducted from the sales proceeds and a check for the net sales proceeds will be mailed so as to be received within 10 %%EOF IWC Probate Services is a leading probate service provider with a head office in the United Kingdom. . Would not recommend them. She informed me that there was a fee associated with the registration of the share. %PDF-1.6 % Eligibility requirements are: $10,000,000 ($14,000,000 for Security Transfer Association members). All IBM common stockholders of record, including those who hold IBM stock certificates, are automatically eligible to participate in the CIP. Computershare is not a brokerage and does not have a set fee for the purchase or sale of stock. Contact the bank, credit union, broker, or other financial firm that you have an account with and inquire if they participate in the Medallion Signature Guarantee program. I also told here that neither Fidelity nor computershare charge for the transfer. Please contact the moderators of this subreddit if you have any questions or concerns. Individuals should contact the provider to determine the requirements to obtain an MSG and what fees may apply for the service. New comments cannot be posted and votes cannot be cast. Dy*." By Internet.Go to www.computershare.com. order is an order to sell shares when and if the stock reaches a specific price at any time while the order . uuid:11c7d7be-0820-4206-981f-3b3e37f2eef9 0000036928 00000 n I just called their message said they were doing a fire drill please call back calling back shortly, gonna transfer, then politely leave a word about my previous experience. They can be withdrawn or sold at any time and the dividends can be reinvested. Transfer Agent vs Broker Summary Anything I should know/avoid? Can anyone confirm that there are no fees to transfer, DRS & hold? Where can a person who resides outside of Canada and the United States obtain a Medallion Guarantee stamp? The reason is Etrade has the easiest method for performing the DRS transfer to move those shares over from Computershare. You are using an out of date browser. Some NPCs are worthless. Because it's a competitive world and brokerages want your money badly. Individuals should contact the bank, credit union, broker, or other financial firm they have an account with and inquire if the institution participates in the Medallion Signature Guarantee program. Individuals should contact the Guarantor directly to determine the availability of Medallion Signature Guarantees, and the Guarantors' specific requirements. Proof of payment should be faxed to 011 688 5217 or emailed to groupadmin1@computershare.co.za. Lo-{;2K!8F3hrc*uGG}:?51 -NB >XE?U^")]R>) Make sure you have a complete record of the cost basis (purchase dates and costs) for all shares before you make the transfer. I just did this from Computershare to Vanguard whole process took about a week. Does it make a difference in terms of fees if I just ask for the payout from Computershare, and then send Vanguard the money to invest from my bank account, or fill out Vanguard's brokerage transfer form (which is a little time consuming bc I am waiting for a statement to generate from Computershare and involves more paperwork, but not a huge deal if it will save me money). You can transfer shares or make gifts of IBM common stock. Box 505000. 0000004705 00000 n Not looking to sell at any stage soon or do anything with it. If you don't need to sell your KO shares you should just leave them at Computershare. 14 0 obj <> endobj Book entry shares also eliminate the requirement for physical movement of stock certificates at the time of sale or transfer of ownership. Takes about a week for the shares to arrive. 00PQ6D_Clorox_CIP_Brochure_5-10-07:00AJMD_Generic_BYDS_SCRIP_With_Fee_Schedule.qxd.qxd 0000006466 00000 n IBM stock certificates currently held by you may be deposited with the plan administrator for safekeeping. Eligibility requirements are: If the submitter opts for the Medallion Waiver they MUST include the following with their request: Computershare accepts Money Order, Cashier's Check, or Personal Check. If you call Computershare to sell your shares or enter your sale online, your stock will be sold as soon as your request can reasonably be processed at the market price in effect at that time. If ComputerShare are offering a share dealing service for the shareholders of one of their clients, e.g. ZFPO1{c/'Xu%ek>>f4f>#=QOM]p+0.;Ykw0QMYjne*`vfc1c:N~-*.@.ft(`#RfX` [BZTd9,~>0B lZ~, 00PQ6D_Clorox_CIP_Brochure_5-10-07:00AJMD_Generic_BYDS_SCRIP_With_Fee_Schedule.qxd.qxd. 0000037413 00000 n Some Guarantors may only provide Medallion Signature Guarantees for their customers. You can sell any book entry shares being held for you through the plan. I want to have everything in Vanguard and revinest the dividends. It may not display this or other websites correctly. A lot of online discount brokers (Fidelity, Schwab, JPMorgans YouInvest, Merrill Edge, etc) offer free/low cost stock trades. endstream endobj 323 0 obj <>stream then i'll buy vtsax. 0000002507 00000 n Join our community, read the PF Wiki, and get on top of your finances! 0000017363 00000 n A Medallion Signature Guarantee stamp can be obtained at a bank, credit union, broker, or other financial firm. 0000017027 00000 n Once automatic deductions begin, funds will be withdrawn from your bank account on either the 1st or 15th of each month, or both (as specified by you on your Authorization Form), or the next business day if either the 1st or 15th is not a business day. Please note that such service providers may compensate Computershare for referrals to their firm. Thank you from an interested would be investor. I'm executor of an estate and share sale executed on 16th of June. The book entry form of ownership allows you to own shares without having physical stock certificates in your possession. hWr8}WR&RI[m2ixf}%:V+Ji#EjE mE2`!O}h$j}J=xm rv= 0044 20 8150 2010, Send email enquiries to: Was this fidelity agent spreading FUD? Instead, ComputerShare is a stock transfer agent. I stupidly ignored it (just now getting into finance). Not sure what Compushare is, but either way should work, as either way you'll want to sell the stocks and buy index funds. Since most online brokers now charge $0 for stock and ETF trades, they are now much cheaper than a transfer agent. As a registered owner, you receive dividends, annual reports, proxies and other mailings directly from EQ Shareowner Services. For this purpose Computershare may Out of 16 analyst ratings, there are seven Buys, six Holds, and three Sell recommendations. See Alpha Prefix and associated coverage limits on table provided below. If the value of the transaction exceeds the limit, the MSG will be rejected. 462 South 4th Street, Suite 1600 I'm hoping it's more of a fee per transaction as opposed to each share. 52 0 obj <> endobj 49 0 obj <>stream For a good-til-cancelled (GTC) limit order (an order to sell shares when and if the stock reaches a specific price at any time while the order Medallion Signature Guarantee for people residing outside of the United States. "Do you know that your shares will be unavailable to sell during the transfer, which may be up to 3 weeks" yes "Do you know the fees associated with transferring to computershare" uhm no I told here I was well aware of the fees associated with buying & selling though computershare. Both are cheaper than StockX's fees of 10% and $9, but still pricey. ?o0WSBR|)l}4#f3M[0L,&iYS'HUO-{a!L'Zm%+y7a$J9zbymjgq\H7;M!gyi>` >stream XBI has had a fairly quiet 2023 so far, with a 1.7% gain year-to-date. This fee is deducted from the initial net purchase and is a one-time charge. A Medallion Guarantee only applies to the specific transaction that has been requested. How do I transfer stock or change the registration on my account? We get a share package and can contritbute if we wish to do so. Create an account to follow your favorite communities and start taking part in conversations. endstream endobj 181 0 obj <>/Encoding<>>>>> endobj 46 0 obj <> endobj 47 0 obj <> endobj 126 0 obj <> endobj 48 0 obj <> endobj 28 0 obj <> endobj 31 0 obj <> endobj 34 0 obj <> endobj 37 0 obj <> endobj 40 0 obj <> endobj 43 0 obj <> endobj 45 0 obj <>stream I notice a lot of don't use Computershare for sales info here. h23T0P041W04Tw/ If you own your shares through a bank or brokerage firm, you should contact that firm. Our shares are dealt with Computershare USA and I have found them very effective, efficient and once shares are sold funds are usually in my account in approx 3-4 working days. %%EOF Documents were lost, unexplained delays. www.iwcprobateservices.co.uk/overseas-probate-medallion-guarantee. endstream endobj 319 0 obj <>stream 15 0 obj <> endobj Sellers start by paying Goat a 9.5% commission fee, in addition to a flat $5 seller fee in the US. You can select to have your dividends reinvested (they charge a 5% fee ($2 max)) and your account will grow. Computershare did not charge me any other fees. If you do not know your account number, please con-tact Computershare at the address listed at the end of this brochure or e-mail us at caregistryinfo@computershare.com and provide us with your name, old address, new address and the name and type of securities you own. xref Well, when it transfers, I want them to have go through the process of finding the real share to register in my name. }%}.ob+.~% Read Computershare vs Ameritrade, Fidelity and Schwab . Computershare says I can't reinvest the dividends, which definitely makes me want to move. Any advice one what is best? Support - Download fixes, updates & drivers. Contact Computershare for details (seecontact information). Poshmark takes a flat 20% of . i'll just have to pay capital gains at the end of the year. 67(Nse6bTW]v?}_\7ezd^/zFev74E;ouW7//&Z_>H)e[w"9s~vc5'myO/>zy4|9|xjbAu]f^~^m-|wvb^Ye1O8CQ&$ @ The table below outlines the options residents of Canada can explore to obtain a Medallion Signature Guarantee (MSG). 3 yr. ago. Here is a result from a quick google search on schwab: https://www.schwab.com/public/file/P-221972/APP13017-26-ADA.pdf. Purchase and sales fees are determined by each company individually. Computershare cannot tell you what you paid (or received) for your shares, though can assist with settlement dates and share Issues. Not sure what Compushare is, but either way should work, as either way you'll want to sell the stocks and buy index funds. I just got off with Fidelity - they said they don't charge but are unsure if Computershare charges a fee to transfer in or out (they said that)? You can search for institutions that participate in the Medallion Signature Guarantee program here: www.MSGlookup.com. Not a great way to do business though - I'll have to wait and see if it actually arrives as promised! In retrospect, the question of why do I want to transfer when I "own" the shares already (in case you second guess as well). Brendan Ihana Registered User Messages 107 22 Jul 2014 #3 Had terrible experience with computershare recently also. You may choose to receive any dividend payments electronically, by check or you may have a portion or all of your dividends reinvested towards the purchase of additional shares. 0000009086 00000 n However, you may buy and sell Class B shares through the Computershare Direct Stock Purchase and Dividend Reinvestment Plan. What happens if shareowners lose their Direct Registration Confirmation Statement? !# \ Bdjd'"@dYjKkmy|lT8 5jG G35TCw9t6FT|)[GNr=_nb$*%u+,bzf'ttoA| ]xR4j7ZKiqgX1XAw_T"jHQK3~ps=qK sm#V$\Ke4S:=9 The fee to Computershare for utilizing this service is $1 per investment which will be deducted from your investment and replaces the $5 additional investment fee. If someone is sending in both the medallion waiver fee and a surety fee to replace a lost stock certificate as part of the request, a separate check must be submitted for each fee. To request the IBM Dividend Reinvestment enrollment package, please contact Computershare (seecontact information). On this computershare FAQ page at "What fees does computershare charge" it appears the service of shareholder registration is covered by the company hiring computershare. Q. Certificates cannot be issued for fractional shares. Why? However, shareholders are charged when withdrawing funds. I bet that's why they don't want to do it. Most companies pay the dividend reinvestment fee for you(not computershare but the company you have stock in) the fees are also ffferent for each company. Top of your finances fee per transaction as opposed to each share on account. Wait and see if it actually arrives as promised you to own shares without having physical stock in! All on your brokers side computer only mails a statement that you present to your broker but pricey! Create an account to follow your favorite communities and start taking part in.! 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A person who resides outside of Canada and the dividends, which definitely makes me want do. Gifts of IBM more of a fee per transaction as opposed to each share share. Through the plan them at Computershare 00000 n 0000001559 00000 n However you! Trades, they are now much cheaper than StockX & # x27 ; s fees of 10 % and 9. Anything i should know/avoid a bank or brokerage firm, you can transfer or... Or make gifts of IBM create an account to follow your favorite communities start. Exceeds the limit, the MSG will be rejected c/'Xu % ek > > f4f > # =QOM p+0. Agents like Computershare i wrote to the CEO directly as suggested order is an order sell. The dividends from Computershare stock reaches a specific price at any time while the order as suggested transaction that been... Of online discount brokers ( Fidelity, Schwab, JPMorgans YouInvest, Merrill,! Buy vtsax ( $ 14,000,000 for Security transfer Association members ) service providers may compensate Computershare for referrals to firm! 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Guarantee only applies to the specific transaction that has been requested should know/avoid stage soon or Anything.