Jump to content
  • 0

Transfer shares from Computershare - Fees


ImperialSlug

Question

I have some shares with Computershare, that I want to transfer to IG. 

The IG help states;

Do you charge for transferring investments in or out of IG? No, you can transfer your investments without any charges from us.

 

The stock transfer form is written in terms of transferring from other brokers to IG.

 

Computershare however, appear to charge a fee for transferring shares, they have a transfer form,(Transferring CDIs from the Company Nominee to another CREST participant with no change of beneficial ownership) but it is written in terms of transferring from them to anther broker.

 

So if I get IG to transfer my shares, will I be charged a fee from Computershare? - If so, do I have to pay them to release my shares? 

 

 

 

 

Link to comment

2 answers to this question

Recommended Posts

  • 0

Hi thanks for your question. Although IG don't charge for you transferring shares over to us, the counter party still may charge as they'll still have administrative costs associated with the transfer (and sometimes they use this as a deterrent to leave). Unfortunately there is no way around this - it doesn't matter who initiates the transfer as both parties still will be involved in the movement. 

 

Hope this clarifies things. 

Link to comment
  • 0

I have some share in stock market - Updater. I purchased them through IG market.

I understand the Updater is no more in ASX and moved as private to USA - Computershare.

Now I am not sure, if I need to have account in Computershare to transfer them or they can stay as private in IG market ? 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • As the cryptocurrency space evolves, Bitget keeps bringing up worthwhile initiatives to make crypto trading interesting and easy for its users as well as helping them maximise profit.  Gleaning from the likes of Candybomb to PoolX and the likes, the CEX has been seen to steadily provide these services. The PRE MARKET trade seems to be the newest product on the block right now. It is an over the counter trading platform that specialises in providing a pre-traded marketplace for new coins before official listing.  Simply put, it is a p2p framework of some sort that facilitates trading between buyers and sellers enabling them to acquire coins at optimal price thus enhancing advance liquidity and complete delivery at a mutually agreed upon time.  The interesting thing about the Pre Market is that; it allows the advocates or supporters of newly launched projects to trade through a contract before the token goes mainstream or before being airdropped.  This framework is very good for projects that have very high speculation, speculative traders should check out this product.  Good thing is the Pre trade is already live, you can leverage on it to purchase $MERL before its official listing, you could get to earn massive ROI. Here's the link; https://www.bitget.com/pre-market/MERLUSDT
    • Atomic Wallet is experiencing issues with their staking and rewards, so I would like to transfer my ATOMs to another crypto wallet. I contacted Atomic Wallet Support and they recommended Cosmostation Wallet and gave me instructions on how to do this. I followed the links they sent me, which required me to fill in my seed phrase. My ATOMs transferred to Cosmostation Wallet but were immediately transferred out. I never made that transaction. I contacted Cosmostation Wallet Support and asked them what happened. They informed me that I must have been talking to a scammer posing as support from Atomic Wallet. I contacted Atomic Wallet and they said I wasn't talking to a scammer and those links are legit. I lost my funds because my PC must be infected. Atomic Wallet wouldn't outright scam me would they?  
    • With the recent surge in "Cat Coins," a wave of playfulness and intrigue is sweeping the crypto community. KHAI, a meme token built on the Solana blockchain, is at the forefront of this movement. Fueled by a bullish community sentiment, KHAI has experienced a staggering 15.27% price increase in the past 24 hours, pushing its market cap to a noteworthy 24.4 million dollars. This impressive growth comes on top of a remarkable 94.3% price jump over the past week, significantly outperforming both the global market and other Solana-based cryptocurrencies. Could KHAI be the next big memecoin to reach unprecedented heights? Its recent listing on the Bitget exchange, accompanied by a giveaway event, certainly adds fuel to the fire. However, the question remains: will this newfound attention propel KHAI to even greater heights, or will it succumb to the volatility often associated with memecoins? Only time will tell.
×
×
  • Create New...
us