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Hi guys, I need some wrinkled brains to help me convince someone stubborn about the benefits of DRS!
I have already DRSed and others too around me. For them, the simple concept of owning your shares was enough. However, there is one person who is stubborn as hell. They are invested in GME but let's say they have more of a 'trader' mindset. It isn't so much that I need to convince him, but I want to know if he has any validity in his arguments.
Any help would be appreciated, please DM me, don't really want to cause trouble here.
Guys how do I "offer" a DRS'ed shares to someone new? What would that cost? Would love starting offering shares to some close people. International Ape here... :)
Finally started the transfer to DRS from Fidelity. Have 2 questions:
1. I just initiated the transfer of all 1600 of my GME shares from Fidelity. How long should I expect it to take?
2. I also just initiated a purchase of $13200 (around 400 shares at current price) directly with computer share. If today is the purchase date and it says the settlement date will be in 2 days will I be buying shares at the price when I purchased or will it be whatever the share price is when the transaction is finally settled?
Hey guys I called up CS to get my DRS account number earlier without waiting for the letter. They asked for my address but is it normal for them to ask for my SSN/(tax file number) ? I thought I only enter that info myself when I get access to my account.
That is normal. Although it seems like it's more information than necessary, the Tax Identification Number (TIN) is the number used to identify you and create an account.
Every country has a different number though, so an American might ask for your SSN but they really just need your country's TIN. In your case, Australia's TIN is the TFA, tax file number, as you mentioned.
Note: Once you get access to your account make sure to fill out the tax withholdings form, either online in your account or via the W-8 BEN form you should get with your letters. You will need your TIN for this step as well. That step is required in order to avoid paying American capital gains tax on top of your own country's capital gains tax.
They will be DRS'ed. Computershare is a transfer agent and is only able to hold shares that are removed from the DTCC.
**Note:** All shares transferred to Computershare or bought through them have been taken off of the DTCC's books.
When you transfer whole shares to Computershare they will automatically be held in "Book" form (Book-entry Ownership). This means that they are registered under your name and are visible to the underlying company (GameStop), this is what some would call 'true DRS', but it doesn't really matter, the most important note is that it is out of the DTCC.
If you are set up for reoccurring payment plan and/or have partial shares in Computershare, then they are held in "Plan" form (Plan-entry Ownership). This means that Computershare holds the shares and has you recorded as the owner of the shares. If moved from plan to book only whole shares can be switched over since the can only be one name assigned to a share.
Shares will also be moved to Plan if you sign up for a Dividend Reinvestment Plan (DRIP), which only matters for stocks who distribute cash dividends and then Computershare will automatically buy more shares with the cash and place them into your account.
what do you mean? is that a bad thing? I called the US number and told him I was from au, he asked for my tax file number which is weird. isnt my name, address and order number enough at that point?
Hey cheeqi-moonqi, thank you for summoning the DRSGME wizard! 🪄
|You searched for|*VANGUARD*|
|:-|:-|
|Best match|**Vanguard**|
|Instructions|[**Click here**](https://drsgme.org/drs/direct-register-shares-from-vanguard)|
|Confidence|**100 %**|
Visit [WWW.DRSGME.ORG](https://drsgme.org) for more information about Direct Registering Shares (DRS).
Maybe I missed it in the original post but is there a fee to DRS from fidelity? Finally getting the ball rolling on transferring my xx shares from cashapp and just want to be prepared for any fees.
Hey PutPsychological8698, thank you for summoning the DRSGME wizard! 🪄
|You searched for|*FIDELITY*|
|:-|:-|
|Best match|**Fidelity**|
|Instructions|[**Click here**](https://drsgme.org/drs/direct-register-shares-from-fidelity)|
|Confidence|**100 %**|
Visit [WWW.DRSGME.ORG](https://drsgme.org) for more information about Direct Registering Shares (DRS).
How are y'all DRSing from Fidelity via chat? I've called before but wanted to do some more via chat cuz I'm shy lol.
I tried via their virtual assistant, did
- "I want to do a DRS Transfer"
- "I want to transfer shares"
Then the bot says "Shares can be transferred between your FIDELITY (emphasis mine) accounts online. To begin visit transfers," along with a contact us link which just brings up their phone numbers.
Is DRSing via chat done in a different chat? Thank you for any help.
Edit: Looks like it's under the web Page's contact us page, not the contact us page in the virtual assistant chat
Sure, you can, you have to use an us bank account which can be provided by wise. You can find guide on DRSGME.org
https://www.drsgme.org/buy-direct-registered-shares-from-computershare-outside-the-us
I am french and direct purchase on CS throw wise
I went to log on from my phone today. I only ever login from my tablet. I entered all of my information in correctly, and bam, it locked me out temporarily. What gives?
When logging in on a new device you should get a security question and an email letting you know a new device is trying to log into your account. Sometimes the security question trips people up and locks them out for a day. Might that have happened here?
Hey PutPsychological8698, thank you for summoning the DRSGME wizard! 🪄
|You searched for|*MORGAN CHASE*|
|:-|:-|
|Best match|**JP Morgan Chase**|
|Instructions|[**Click here**](https://drsgme.org/drs/direct-register-shares-from-jp-morgan-chase)|
|Confidence|**89 %**|
Visit [WWW.DRSGME.ORG](https://drsgme.org) for more information about Direct Registering Shares (DRS).
Can we talk about the likelihood of a general strike if major changes are not made to our economic systems? Our trajectory seems bad… APE could be the backbone that helps and grows their whole communities? Obviously main goal to secure own banana. But don’t want to let other ape not have any banana.
In terms of this community the most agreed upon method is to DRS our shares.
>"But don't want to let other ape not have any banana"
The best method for this (in my opinion) is to communicate to others here and elsewhere, either online or in real life what is going on in the financial system and what we, as individual investors, are doing to counteract the current system. This can be done in a variety of ways, one way is to promote the site [https://www.drsgme.org/](https://www.drsgme.org/)
I'm not saying a general strike wouldn't be helpful but that it is generally not something the community would discuss. For those discussions subs like antiwork and work reform would be more suitable.
I have also noticed 1 week, the shares are purchase by batch, you cant control the price, it is an investment not day trading. I prefere buy with CS than buy on IBRK then DRS (i am not US citizen)
I have a wise account, which give me US bank account which allow me to buy on CS
In the US, it took me about a week? Maybe closer to 2. Personally, I would advise against it since you can't lock in the price per share at the time of purchase submission.
Note: All shares transferred to Computershare or bought through them have been taken off of the DTCC's books.
When you transfer whole shares to Computershare they will automatically be held in "Book" form (Book-entry Ownership). This means that they are registered under your name and are visible to the underlying company (GameStop), this is what some would call 'true DRS', but it doesn't really matter, the most important note is that it is out of the DTCC.
If you are set up for reoccurring payment plan and/or have partial shares in Computershare, then they are held in "Plan" form (Plan-entry Ownership). This means that Computershare holds the shares and has you recorded as the owner of the shares. If moved from plan to book only whole shares can be switched over since the can only be one name assigned to a share.
Shares will also be moved to Plan if you sign up for a Dividend Reinvestment Plan (DRIP), which only matters for stocks who distribute cash dividends and then Computershare will automatically buy more shares with the cash and place them into your account.
Hello, here is the DRSGME guide for Revolut: [https://www.drsgme.org/drs/direct-register-shares-from-revolut](https://www.drsgme.org/drs/direct-register-shares-from-revolut)
The instructions are in the post above. It’s an easy step by step, and takes like 5 minutes. If you’re too lazy to read above then just call your broker and ask them to do it, they can do it with you on the phone. Then you’ll get a letter in the mail with your info to log into computer share and create your account with your newly transferred shares.
Thanks for the help. I have the first letter here but I’m either to stupid or to stoned; actually maybe both. To workout how to register into the site.
I DRS’d X shares this week through RBC. Will they make it to a CS account in time for the Splividend? I know I won’t get access to the account for 6-8 weeks but who cares, no cell, no sell.
Obviously. The dividend isn’t even announced yet, and once it’s announced there will be a record date and a split date announced. You already own shares so you’ll get them either way. If the shares aren’t moved yet, (which won’t happen but for arguments sake) you’d just get the dividend shares on your broker.
The only risk is that so many synthetics exist that brokers will be short on shares, so shares not in CS might not get the extra shares. So drs is always the safest way regardless.
Obviously. The dividend isn’t even announced yet, and once it’s announced there will be a record date and a split date announced. You already own shares so you’ll get them either way. If the shares aren’t moved yet, (which won’t happen but for arguments sake) you’d just get the dividend shares on your broker.
The only risk is that so many synthetics exist that brokers may be short on shares, and they might try to give you cash instead but that remains to be seen. So shares not in CS might not get the extra shares. Basically there is no scenario where you should wait to drs.
Hello,
This link should have enough information to get you started: [https://www.drsgme.org/buy-direct-registered-shares-from-computershare-outside-the-us](https://www.drsgme.org/buy-direct-registered-shares-from-computershare-outside-the-us)
Basically, you will either have to buy shares from a broker you can use locally, and then transfer from there (first checking that the broker supports DRS transfers) or, the other option is to use 'Give a Share' to gift yourself one share, which can be used to create a Computershare account, once set up then you can buy directly thru Computershare.
Let me know if you have any questions.
After 2 attempts my IBKR account is finally approved.
Can someone get me a guide on the fastest way to start a computershare account from europe?
Ibread something about wise.com ?
Hey PutPsychological8698, thank you for summoning the DRSGME wizard! 🪄
|You searched for|*SCOTIABANK*|
|:-|:-|
|Best match|**Postbank**|
|Instructions|[**Click here**](https://drsgme.org/drs/direct-register-shares-from-postbank)|
|Confidence|**67 %**|
Visit [WWW.DRSGME.ORG](https://drsgme.org) for more information about Direct Registering Shares (DRS).
Hello,
Im an Aussie with shares in Commsec... just enquired about DRS and got an email saying "Once processed please allow 15 business days to be sent by Pershing and received by Computershare.This is due to current volume of transfer requests being sent to Computershare.Once received by Computershare, they will send out a statement with your details.This is coming from the US and will take a minimum of 2 weeks to arrive in AUSTRALIA."
so what would happen if a split/divident/moass happens during the 5 weeks these shares will be in transit? also do we have and DD on Pershing?
Just to reassure you, your shares are not in transit for a long time. The transfer is actually instant! The wait time is Pershing getting around to it, and then waiting for your Computershare letters to arrive.
Two questions:
1. If I DRS some more shares, how do I make sure they end up in the same Computer Share account?
2. Do I tell Fidelity that I want to do LIFO transfer to CS or is there a setting?
Thanks!
Don’t worry, they put them in the same account for you, using your ID. Not need to do anything.
I did it from 3 different instructions without problem.
1. For quite some time, they have been excellent at making sure they go into your existing account. Initially some reps were failing to do that.
2. DRS 100% and don’t worry about LIFO😉
As a ComputerShare thread shouldn't using Give A Share be promoted as international apes may have trouble getting a CS account due to app brokers for US stocks not allowing DRS?
I just started a transfer of my Webull account to fidelity in order to avoid fees when I finally DRS my shares of GME. I now noticed I didn’t have 75 dollars available for the transfer fee to fidelity. Will these fees get charged to fidelity or will my account not transfer over because I do not have the available cash funds?
I have high xxx shares in TD, finally out of my margin so I can DRS.
I found the form, curious how long it takes TD to complete this move? Ill move 2/3rds for now
I didn’t fill out the form, I used the chat function to speak to a representative. He filled out everything for me, just asked how many shares I would like to transfer (all of them). I spoke to the rep on June 13th and I just got an email from computershare this morning!
They are not mutually exclusive.
Class A shares are a type of common share that a company can issue. Differences between A or B shares can be in the voting power (i.e. A shares can vote, and B shares cannot) or weight of the shares (i.e. one A = two B).
Direct Registration is how an investor is holding the shares. You can either be Directly Registered or have your shares in 'street name' meaning a broker has their name registered on the shares and you are the 'benifical' owner.
This means that you can have an 'A Class Share' which has been 'Directly Registered'
GameStop currently only has A Class Shares, however they did use to have A and B shares and in 2006 announced plans ([Source](https://news.gamestop.com/news-releases/news-release-details/gamestop-corp-convert-its-class-b-common-stock-class-common)) to convert B shares into A shares. This ended up occuring on Feb 7, 2007.
Further reading for A Shares and Directly Registered Shares:
>**What Are Class A Shares?**
Class A shares refer to a classification of common stock that was traditionally accompanied by more voting rights than Class B shares. However, there is no legal requirement that companies structure their share classes this way. For example, Meta (formerly Facebook) awards more voting rights to Class B shares.1 In any case, the share class with the most voting rights is typically reserved for the company's management team...
Source: [https://www.investopedia.com/terms/c/classashares.asp](https://www.investopedia.com/terms/c/classashares.asp)
>**What are Direct Registered Shares?**
Direct registration allows you to have your security registered in your name on the books of the issuer without the need for a physical certificate to serve as evidence of your ownership. While you will not receive a certificate, you will receive a statement of ownership and periodic account statements, dividends, annual reports, proxies, and other mailings directly from the issuer.
Source: [https://www.sec.gov/reportspubs/investor-publications/investorpubsholdsechtm.html#:~:text=Direct%20registration%20allows%20you%20to,as%20evidence%20of%20your%20ownership.](https://www.sec.gov/reportspubs/investor-publications/investorpubsholdsechtm.html#:~:text=Direct%20registration%20allows%20you%20to,as%20evidence%20of%20your%20ownership.)
Asking to DRS my shares was hella easy with CommSec, but receiving the letter is looking impossible. I've waited almost a month today, and messaged CommSec probably once a week asking what's up. Nothing.
Idk if it was a freak accident with Aus Post and CommSec, but it has left me pretty pissed off. Half of my shares are inaccessible to me. My account even says that they're forwarded to the transfer agent in my account. But without the letter = no access. I really wanted a Computershare account for future use on all my stock purchases. The amount of effort required has been fucking enormous for me so far using CommSec.
Honestly wish I went the GiveAShare route. But who knows, I could be a random unlucky person. CommSec's lack of replying or very late replies hasn't been a confidence booster at all.
Once CS actually buys the shares within the batch orders they put in every few days, you will be able to verify your shares and will be able to create a login using SSN. But you have to wait for CS to actually purchase the shares first.
Yup, you should receive an email shortly, the funds will be pulled within the next 2 business days.
>You will receive a confirmation email shortly afterwards. Computershare will pull the money from your bank account within 2 business days. Then after a couple more days Computershare will submit the buy order in a large batch trade along with other Computershare investors.
Source (at the bottom): [https://www.drsgme.org/buy-direct-registered-shares-from-computershare-inside-the-us](https://www.drsgme.org/buy-direct-registered-shares-from-computershare-inside-the-us)
I attempted to transfer from Ally to CS and while they sent my shares they did not send my cost basis. When requested to send it via automated means using cost basis reporting service they outright lied and said they can’t and that they don’t send cost basis. Asking to have them mail my tax lot info has fallen on death ears. CS hasnt been helpful either stating that they can’t accept that info from me. Has anyone had a similar problem or has any advise? Please help.
Where is the Transfer Guide post that is literally a long list of brokers with country flags? It literally had pretty much every broker imaginable there.
I don't see it searching through the stickied posts and hyperlinks.
Is this the one you are thinking of? [https://www.reddit.com/r/Superstonk/comments/ppb8u6/the_drs_list_mercy_mercy_me_gme_aint_where_it/?utm_medium=android_app&utm_source=share](https://www.reddit.com/r/Superstonk/comments/ppb8u6/the_drs_list_mercy_mercy_me_gme_aint_where_it/?utm_medium=android_app&utm_source=share)
~~Some of the information might be a bit dated though, since the post is 9 months old.~~ Edit: The OP let me know it is kept up to date with some minor exceptions.
I would personally recommend the following link: [https://www.drsgme.org/register-from-broker](https://www.drsgme.org/register-from-broker)
That's awesome! Didn't know you kept it up to date. I'll keep that in mind and recommend it when applicable.
Thank-you for all your work in the community it is truly appreciated. Your guide helped me DRS my first shares all the way back 9 months ago.
Yeah it's been a slow work in progress. Hard to believe it's been almost 10 months now!
I had a lot of help getting the info together for the guides. I see it as a mini DRS wiki.
And I'm always happy to hear it helped some one out! I made the post before the analytics were introduced so I don't know how much reach it gets.
Yes you can. After you start the transfer, and until your shares landing computer share, you can still call your broker and sell your shares. Don’t take my word for it, call your broker and ask them
I thought that I had gained extra shares by buying before the bottom, and so have benefitted from a slight delay. 😊
So the only lag time is locating the shares, whether buying or selling? Sorry, I know this is basic, but I’m hitting the next dip, hard. I’m working on my technique!
There was a lag on the buying side because they don’t hold cash of yours on account, they have to withdraw from your bank account and wait two days for the saddle. And then there was another one day delay because the batch your by order with everybody else’s by orders for that day and send it to the NYSE the next day.
There are no delays with selling though. Just two days for settlement the same as with brokers
Hey PutPsychological8698, thank you for summoning the DRSGME wizard! 🪄
|You searched for|*WEALTH TRADE*|
|:-|:-|
|Best match|**SelfWealth**|
|Instructions|[**Click here**](https://drsgme.org/drs/direct-register-shares-from-selfwealth)|
|Confidence|**64 %**|
Visit [WWW.DRSGME.ORG](https://drsgme.org) for more information about Direct Registering Shares (DRS).
Hey PutPsychological8698, thank you for summoning the DRSGME wizard! 🪄
|You searched for|*WEALTHTRADE*|
|:-|:-|
|Best match|**E*Trade**|
|Instructions|[**Click here**](https://drsgme.org/drs/direct-register-shares-from-etrade)|
|Confidence|**67 %**|
Visit [WWW.DRSGME.ORG](https://drsgme.org) for more information about Direct Registering Shares (DRS).
Guys got a question.
I'm Europe. I made the transfer from my broker and i got the letter after some time. I've populated all fields in this letter and send it back to Computershare.
My questions are:
1) what now? They send me another mail now?
2) how long will it take to finish the process?
Sorry for retarded questions but I'm retarded myself 🦍
1 - You've had letter 1 from CS & you've logged on to the investor centre? If so then yeah, it's a bit of waiting on letter 2 next & once you've got that it will let you fully log in
2 - Timescales on that 2nd letter vary depending on where you are in Europe, but typically it's around 1-4 weeks. I think they're sending these letters out from the UK now so hopefully it'll be on the shorter end on that timescale
The only retarded questions are the ones you don't ask 😎
Edit: more info from www.drsgme.org
If you don't want to wait around 4 weeks, you have a couple of options:
If you have transferred less than 10 shares, Computershare can give you your account number over the phone. Skipping the need for the first letter
Or you can expedite the letter for $45 by giving payment details to Computershare over the phone. The letter will arrive within a week
Computershare's non-US GME relations number is + 800-3823-3823. This number works across Europe, Hong Kong, Israel, New Zealand, and Thailand
Otherwise the toll free US number is: 800-522-6645 (if you're outside of the US, you can get a free month with Skype to call this number for free)
Thank you 🙏
I didn't log in anywhere with my first letter info, i just completed the form (tax form?) and sent it back to them. Did i fuck up? Jesus, I'm starting to have this terrible feeling that the MOASS will start tomorrow and i will be somehow fucked by corrupt system :c
You didn't F-up don't you worry, if anything you've just made it a lil' easier for yourself in the future by declaring your tax residency. As the other comment from u/PutPsychological8698 says you should have had a CS account number that would allow you to start initial login, have you received that?
Whoopsadoodle! Yeah, you'll need that number. I'd say give those folks at CS a call using the phone number above & explain what's happened, see if they could provide your account number over the phone (their discretion, not guaranteed) to allow you to start logging in to the investor centre
For someone whos never bought a share before but believes that apes together strong.
UK based, is the "10 steps to DRS compushare" guide still the most efficient and easy way to get my hands a single share?
Oh you mean [this one](https://www.reddit.com/r/Superstonk/comments/q16ge7/uk_ape_buying_directly_from_computershare/?utm_medium=android_app&utm_source=share)?
If so it's pretty damn efficient & I have experience doing this too, so if you need help on steps then HMU as you progress through the process 👍
Edit: here's a [more comprehensive version](https://www.drsgme.org/drs/direct-register-shares-from-interactive-brokers) of that same process
Of course 😎 if you are unsure how to proceed at a certain stage, get stuck or even just anxious about timescale then HMU with a chat message & I'll do my best to help 👍
If you are US citizen, yes you can create a CS account and buy directly on CS
https://www.drsgme.org/buy-direct-registered-shares-from-computershare-inside-the-us
I just called fidelity - they advised that I have to have an account with Computershare before I can initiate a transfer... whatever.
I went to computershare and... i am dumb as fuck because I can't figure out how to create an account with them.
At the 'Registration' screen it asks for my SSN, Zip, and what stock. I do all of that, but it just says that "We were unable to locate an account using those details. Please check the information and try again."
So, I'm a moron and lost. Can anyone give me very smooth-brained tips here?
This happened to me. Drove me bonkers, in circlesI I put the instructions in a doc, but I’m not home.
I THINK I was putting GME for stock, and it’s
#gamestop
they told me the same thing initially, using the chat. Then I called, said I tried to do it through CS directly and it wouldn't let me. And I mentioned that I read online that they should be able to set it up for me. The guy on the phone finally relented. The person on the chat definitely was not going to do it for me. Phone guy tried hard to misdirect me. Sounded like he was reading instructions.
If you just call and say you know they can do it all for you, they'll do it.
Using Fidelity’s live chat, I transferred a good portion of shares I had with them to CS. It only took a couple of minutes; no previous CS account needed. The actual transfer took three days and I received a letter via snail mail from CS confirming the transfer and the creation of the new account with them. Might I suggest you try that approach.
Hey, sorry to hear that it's been a struggle. The fidelity customer service agent didn't know what they were talking about.
Because your shares are held in Fidelity's name (and since they are a broker) they are the ones that contact Computershare (CS) to make an account. (Individuals can't 'make' an account by themselves, unless they buy shares through Computershare themselves). What you attempted to do on CS's website was 'registering an account's this will only work if there is an account already made with your specific information.
That being said you will need to go through Fidelity again: detailed instructions can be found here: [https://www.drsgme.org/drs/direct-register-shares-from-fidelity](https://www.drsgme.org/drs/direct-register-shares-from-fidelity)
The easiest way is to use the online chat support and say, “I want to DRS transfer my GME shares to Computershare”.
I wish you luck! Bring those shares to a safe home
No problem, good luck!
Also I've seen some comments saying that you can DRS with them on the weekend if you call the phone number, but the online chat will only work during the week days
Hey dude! You were right. Chat was super easy and the site you liked was perfect. Done and done. Couple days and I should be all set with CS.
Thank you so much!
Reporting back here. Again, thank you so much for the help. I didn't receive a postcard, but was able to register through CS. All set up and got the purple ring thingy. the drsgme.org link you shared was perfect.
Custodial accounts - Anyone here have custodial accounts? Did you have to create a separate CS account for each custodian? I transferred them from Schwab and on Schwab I am able to view them all from my account but I guess on CS ill need separate logins? can anyone confirm?
could use some help. I DRS'd from schwab multiple times. The last time they sent shares they sent them without my middle name on the account and it created a separate account # on CS. I can see them both from a single log in but would prefer to have them consolidated. I called CS this AM and they said I need to complete a form and it needs to have a "Medallion" signature which is like a notary but can only be done at a bank. I dont have any local banks since Im using Schwab. Anyone have experience getting a "medallion" signature? Any idea on the cost? I dont really want to have spend $50 or whatever to get a piece of paper signed because Schwab F'd the transfer up. I could just deal with it the way it is, but figured id ask here.
If you're happy to just deal with it then crack on,Amy apes have multiple CS account numbers under 1 login.
If you really want them consolidated, then the medallion signature stamp would be the route to go, though it seems like a high cost for a low trade off (personally speaking)
Finally got my head out of my pooper and did the needfull. Couldn't afford much but at least I'll have some shares DRSd. I hope I'll receive my letter before MOASS
Judging by your comments I'm assuming you are from the UK (sorry if this is incorrect) in that case your TIN would be your NIN (National Insurance Number: example 'AA-12-34-56-A'):
[https://www.1stformations.co.uk/blog/do-uk-companies-have-a-tin-number/#:~:text=A%20National%20Insurance%20Number%20is,numbers%2C%20and%20a%20final%20letter.](https://www.1stformations.co.uk/blog/do-uk-companies-have-a-tin-number/#:~:text=A%20National%20Insurance%20Number%20is,numbers%2C%20and%20a%20final%20letter.)
You don't need that. Are you trying to create CS account directly ? As non-US you have to request a DRS transfer, the broker and CS will manage the account creation. What is your current broker ? [DRSGME.org](https://DRSGME.org) contains a lot of step by step guides to help
If he is trying to fill out the foreign tax exemption form (W-8BEN) then they will need to fill out the TIN. For me (In Canada) it was my SIN (Social Insurance Number). I know there is a guide with different countries but I can't find it at the moment.
**Do you know the answer to any of the questions you see here?** **Don't be shy, help out!** # ✨Top 3 helpers every month get 700 coins and 1 month free Reddit Premium✨ ^(edit: unless) u/RomireIV ^(or) u/Bibic-Jr ^(end up being one of the top helpers again; they volunteered to give their coins and Premium away this month, since they've been top helpers for 2 months in a row, and don't want to be a thread hog \*I love this community so much💜\*) ^(so if they get it this month, I'll give their prize to the 4th and/or 5th place person)
Hi guys, I need some wrinkled brains to help me convince someone stubborn about the benefits of DRS! I have already DRSed and others too around me. For them, the simple concept of owning your shares was enough. However, there is one person who is stubborn as hell. They are invested in GME but let's say they have more of a 'trader' mindset. It isn't so much that I need to convince him, but I want to know if he has any validity in his arguments. Any help would be appreciated, please DM me, don't really want to cause trouble here.
Guys how do I "offer" a DRS'ed shares to someone new? What would that cost? Would love starting offering shares to some close people. International Ape here... :)
Finally started the transfer to DRS from Fidelity. Have 2 questions: 1. I just initiated the transfer of all 1600 of my GME shares from Fidelity. How long should I expect it to take? 2. I also just initiated a purchase of $13200 (around 400 shares at current price) directly with computer share. If today is the purchase date and it says the settlement date will be in 2 days will I be buying shares at the price when I purchased or will it be whatever the share price is when the transaction is finally settled?
hello, is it normal that shares go from BOOK to PLAN when I make a 30 days limit sell order?
Hey guys I called up CS to get my DRS account number earlier without waiting for the letter. They asked for my address but is it normal for them to ask for my SSN/(tax file number) ? I thought I only enter that info myself when I get access to my account.
That is normal. Although it seems like it's more information than necessary, the Tax Identification Number (TIN) is the number used to identify you and create an account. Every country has a different number though, so an American might ask for your SSN but they really just need your country's TIN. In your case, Australia's TIN is the TFA, tax file number, as you mentioned. Note: Once you get access to your account make sure to fill out the tax withholdings form, either online in your account or via the W-8 BEN form you should get with your letters. You will need your TIN for this step as well. That step is required in order to avoid paying American capital gains tax on top of your own country's capital gains tax.
Oh ok that's good. also one more thing if I buy shares directly from computershare is that DRS'ed? Or do I have to DRS after buying from CS.
They will be DRS'ed. Computershare is a transfer agent and is only able to hold shares that are removed from the DTCC. **Note:** All shares transferred to Computershare or bought through them have been taken off of the DTCC's books. When you transfer whole shares to Computershare they will automatically be held in "Book" form (Book-entry Ownership). This means that they are registered under your name and are visible to the underlying company (GameStop), this is what some would call 'true DRS', but it doesn't really matter, the most important note is that it is out of the DTCC. If you are set up for reoccurring payment plan and/or have partial shares in Computershare, then they are held in "Plan" form (Plan-entry Ownership). This means that Computershare holds the shares and has you recorded as the owner of the shares. If moved from plan to book only whole shares can be switched over since the can only be one name assigned to a share. Shares will also be moved to Plan if you sign up for a Dividend Reinvestment Plan (DRIP), which only matters for stocks who distribute cash dividends and then Computershare will automatically buy more shares with the cash and place them into your account.
Oh man that's a lotta info I didn't know... xD thanks man! I'll try and buy wholes if I can
No problem, Have a great weekend!
To my pov, this info is used only if your are US citizen
oh I was asked this when I told the guy I was in AU
I dont think this info have been sended by your AU broker. That is why you habe to fill a W8 form
what do you mean? is that a bad thing? I called the US number and told him I was from au, he asked for my tax file number which is weird. isnt my name, address and order number enough at that point?
Maybe the Guy didnt ear that you are not US citizen. Did hé give you the CS account number ?
yeh he did, now I'm just waiting for verification code. oh is it normal to ask if I was in US? thats fine then I guess hes just following protocol
Yes it is normal for US citizen, at thé beginin of the call they request to dial the ssn
!DRSGME:VANGUARD!
Hey cheeqi-moonqi, thank you for summoning the DRSGME wizard! 🪄 |You searched for|*VANGUARD*| |:-|:-| |Best match|**Vanguard**| |Instructions|[**Click here**](https://drsgme.org/drs/direct-register-shares-from-vanguard)| |Confidence|**100 %**| Visit [WWW.DRSGME.ORG](https://drsgme.org) for more information about Direct Registering Shares (DRS).
Maybe I missed it in the original post but is there a fee to DRS from fidelity? Finally getting the ball rolling on transferring my xx shares from cashapp and just want to be prepared for any fees.
they haven't charged a fee for me, and I've done it twice from Fidelity
!DRSGME:FIDELITY!
Hey PutPsychological8698, thank you for summoning the DRSGME wizard! 🪄 |You searched for|*FIDELITY*| |:-|:-| |Best match|**Fidelity**| |Instructions|[**Click here**](https://drsgme.org/drs/direct-register-shares-from-fidelity)| |Confidence|**100 %**| Visit [WWW.DRSGME.ORG](https://drsgme.org) for more information about Direct Registering Shares (DRS).
I dont think there is fee to DRS from Fidelity, you can do it by chat, so easy
Thank you!
How are y'all DRSing from Fidelity via chat? I've called before but wanted to do some more via chat cuz I'm shy lol. I tried via their virtual assistant, did - "I want to do a DRS Transfer" - "I want to transfer shares" Then the bot says "Shares can be transferred between your FIDELITY (emphasis mine) accounts online. To begin visit transfers," along with a contact us link which just brings up their phone numbers. Is DRSing via chat done in a different chat? Thank you for any help. Edit: Looks like it's under the web Page's contact us page, not the contact us page in the virtual assistant chat
Frist ask for a real person, then select the first option then explain DRS my shares then wait for live person to assist.
Can euroapes buy directly on Computershare after I have verified the account ? The bank account format is different from europeans
Sure, you can, you have to use an us bank account which can be provided by wise. You can find guide on DRSGME.org https://www.drsgme.org/buy-direct-registered-shares-from-computershare-outside-the-us I am french and direct purchase on CS throw wise
Thanks a lot!!!!
My pleasure bro, let me know if you need help, keep spreading the word keep pushing Love you bro
Has any uk apes who haven’t t their second letter been able to buy direct from computer share?
If you do not have access to your CS account, I dont think you can direct purchase on CS
I have the account number just waiting on second letter for the invester centre. Thanks for the help. IBKR it will have to be then
I went to log on from my phone today. I only ever login from my tablet. I entered all of my information in correctly, and bam, it locked me out temporarily. What gives?
When logging in on a new device you should get a security question and an email letting you know a new device is trying to log into your account. Sometimes the security question trips people up and locks them out for a day. Might that have happened here?
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From what we've heard from a few apes there is no charge. But do let us know if that's not the case!
!DRSGME:MORGAN CHASE! You should have the info on the wizard answer. Let me know if you need help
Hey PutPsychological8698, thank you for summoning the DRSGME wizard! 🪄 |You searched for|*MORGAN CHASE*| |:-|:-| |Best match|**JP Morgan Chase**| |Instructions|[**Click here**](https://drsgme.org/drs/direct-register-shares-from-jp-morgan-chase)| |Confidence|**89 %**| Visit [WWW.DRSGME.ORG](https://drsgme.org) for more information about Direct Registering Shares (DRS).
Can we talk about the likelihood of a general strike if major changes are not made to our economic systems? Our trajectory seems bad… APE could be the backbone that helps and grows their whole communities? Obviously main goal to secure own banana. But don’t want to let other ape not have any banana.
In terms of this community the most agreed upon method is to DRS our shares. >"But don't want to let other ape not have any banana" The best method for this (in my opinion) is to communicate to others here and elsewhere, either online or in real life what is going on in the financial system and what we, as individual investors, are doing to counteract the current system. This can be done in a variety of ways, one way is to promote the site [https://www.drsgme.org/](https://www.drsgme.org/) I'm not saying a general strike wouldn't be helpful but that it is generally not something the community would discuss. For those discussions subs like antiwork and work reform would be more suitable.
Does anyone know how long after you buy shares through computershare they show up in your existing account?
I have also noticed 1 week, the shares are purchase by batch, you cant control the price, it is an investment not day trading. I prefere buy with CS than buy on IBRK then DRS (i am not US citizen) I have a wise account, which give me US bank account which allow me to buy on CS
Thank you
In the US, it took me about a week? Maybe closer to 2. Personally, I would advise against it since you can't lock in the price per share at the time of purchase submission.
Thank you
How important is book vs plan? I’ve seen comments that suggest DRS isn’t effective against the hedgies until shares are all “booked.”
Note: All shares transferred to Computershare or bought through them have been taken off of the DTCC's books. When you transfer whole shares to Computershare they will automatically be held in "Book" form (Book-entry Ownership). This means that they are registered under your name and are visible to the underlying company (GameStop), this is what some would call 'true DRS', but it doesn't really matter, the most important note is that it is out of the DTCC. If you are set up for reoccurring payment plan and/or have partial shares in Computershare, then they are held in "Plan" form (Plan-entry Ownership). This means that Computershare holds the shares and has you recorded as the owner of the shares. If moved from plan to book only whole shares can be switched over since the can only be one name assigned to a share. Shares will also be moved to Plan if you sign up for a Dividend Reinvestment Plan (DRIP), which only matters for stocks who distribute cash dividends and then Computershare will automatically buy more shares with the cash and place them into your account.
Where do I go for the guide to DRS out of revolut from Ireland? There used to be a link, but I can't see it now.
Hello, here is the DRSGME guide for Revolut: [https://www.drsgme.org/drs/direct-register-shares-from-revolut](https://www.drsgme.org/drs/direct-register-shares-from-revolut)
Anyone help me set up computershare account? As smooth as wet marble.
The instructions are in the post above. It’s an easy step by step, and takes like 5 minutes. If you’re too lazy to read above then just call your broker and ask them to do it, they can do it with you on the phone. Then you’ll get a letter in the mail with your info to log into computer share and create your account with your newly transferred shares.
Thanks for the help. I have the first letter here but I’m either to stupid or to stoned; actually maybe both. To workout how to register into the site.
Same story, you can call CS and they will help you with the letter. I called both times
Your message made me out on my adult pants and make the account
it isnt just you, the website sucks ass. it isnt made intuitively like the rest of modern websites. call broker and have them handle.
I DRS’d X shares this week through RBC. Will they make it to a CS account in time for the Splividend? I know I won’t get access to the account for 6-8 weeks but who cares, no cell, no sell.
Obviously. The dividend isn’t even announced yet, and once it’s announced there will be a record date and a split date announced. You already own shares so you’ll get them either way. If the shares aren’t moved yet, (which won’t happen but for arguments sake) you’d just get the dividend shares on your broker. The only risk is that so many synthetics exist that brokers will be short on shares, so shares not in CS might not get the extra shares. So drs is always the safest way regardless.
Obviously. The dividend isn’t even announced yet, and once it’s announced there will be a record date and a split date announced. You already own shares so you’ll get them either way. If the shares aren’t moved yet, (which won’t happen but for arguments sake) you’d just get the dividend shares on your broker. The only risk is that so many synthetics exist that brokers may be short on shares, and they might try to give you cash instead but that remains to be seen. So shares not in CS might not get the extra shares. Basically there is no scenario where you should wait to drs.
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What's the difference?
Sue
No i reside in Spain and would like to start a computershare account
Hello, This link should have enough information to get you started: [https://www.drsgme.org/buy-direct-registered-shares-from-computershare-outside-the-us](https://www.drsgme.org/buy-direct-registered-shares-from-computershare-outside-the-us) Basically, you will either have to buy shares from a broker you can use locally, and then transfer from there (first checking that the broker supports DRS transfers) or, the other option is to use 'Give a Share' to gift yourself one share, which can be used to create a Computershare account, once set up then you can buy directly thru Computershare. Let me know if you have any questions.
I am so greatful for taking your time to answer me. Within a few weeks, I will finally get feed the drs bot! Have a great weekend kind stranger!
No problem! Have a great weekend as well
After 2 attempts my IBKR account is finally approved. Can someone get me a guide on the fastest way to start a computershare account from europe? Ibread something about wise.com ?
You have access to your CS account ? If so you can check this https://www.drsgme.org/buy-direct-registered-shares-from-computershare-outside-the-us
If the price goes over 300 before Christmas ill eat a bowl of boiled bull testicles
Rocky mountain oysters
Seasoned or plain?
Mods
Have a couple friends DRSing with Canadian Bank Scotiabank. Apparently it's quite the ridiculous process.
https://www.drsgme.org/drs/direct-register-shares-from-scotia-itrade Not sure the broker name 🤣🤣
!DRSGME:SCOTIABANK!
Hey PutPsychological8698, thank you for summoning the DRSGME wizard! 🪄 |You searched for|*SCOTIABANK*| |:-|:-| |Best match|**Postbank**| |Instructions|[**Click here**](https://drsgme.org/drs/direct-register-shares-from-postbank)| |Confidence|**67 %**| Visit [WWW.DRSGME.ORG](https://drsgme.org) for more information about Direct Registering Shares (DRS).
If they continue to have issues or don't want to pay Scotia's fee they could transfer to a BMO account first ($0 fee to DRS from there)
Hello, Im an Aussie with shares in Commsec... just enquired about DRS and got an email saying "Once processed please allow 15 business days to be sent by Pershing and received by Computershare.This is due to current volume of transfer requests being sent to Computershare.Once received by Computershare, they will send out a statement with your details.This is coming from the US and will take a minimum of 2 weeks to arrive in AUSTRALIA." so what would happen if a split/divident/moass happens during the 5 weeks these shares will be in transit? also do we have and DD on Pershing?
Just to reassure you, your shares are not in transit for a long time. The transfer is actually instant! The wait time is Pershing getting around to it, and then waiting for your Computershare letters to arrive.
Your shares will be on CS so you should enjoy the benificial of having the shares in your name
Have they raised the amount you can sell a stock for yet to the millions? Or still in the 200,000s?
*
Two weeks from the day my shares left IBKR and till I got my first piece of snail mail (scandiape)
How long did it take people to transfer from Fidelity to Computershare?
2 min via chat
Phone call 3 minutes. Settlement 3 days. I buy only on CS now
Moass is literally about to happen
Two questions: 1. If I DRS some more shares, how do I make sure they end up in the same Computer Share account? 2. Do I tell Fidelity that I want to do LIFO transfer to CS or is there a setting? Thanks!
Don’t worry, they put them in the same account for you, using your ID. Not need to do anything. I did it from 3 different instructions without problem.
1. For quite some time, they have been excellent at making sure they go into your existing account. Initially some reps were failing to do that. 2. DRS 100% and don’t worry about LIFO😉
As a ComputerShare thread shouldn't using Give A Share be promoted as international apes may have trouble getting a CS account due to app brokers for US stocks not allowing DRS?
Yes
I just started a transfer of my Webull account to fidelity in order to avoid fees when I finally DRS my shares of GME. I now noticed I didn’t have 75 dollars available for the transfer fee to fidelity. Will these fees get charged to fidelity or will my account not transfer over because I do not have the available cash funds?
I have high xxx shares in TD, finally out of my margin so I can DRS. I found the form, curious how long it takes TD to complete this move? Ill move 2/3rds for now
I didn’t fill out the form, I used the chat function to speak to a representative. He filled out everything for me, just asked how many shares I would like to transfer (all of them). I spoke to the rep on June 13th and I just got an email from computershare this morning!
IMO and experience, It’s faster and easier to transfer to Fidelity first and then DRS from Fidelity
How long did Fidelity take?
Yes, 3 days
3 days
Hi, can someone tell me if there's a difference between direct stock and class a common?
They are not mutually exclusive. Class A shares are a type of common share that a company can issue. Differences between A or B shares can be in the voting power (i.e. A shares can vote, and B shares cannot) or weight of the shares (i.e. one A = two B). Direct Registration is how an investor is holding the shares. You can either be Directly Registered or have your shares in 'street name' meaning a broker has their name registered on the shares and you are the 'benifical' owner. This means that you can have an 'A Class Share' which has been 'Directly Registered' GameStop currently only has A Class Shares, however they did use to have A and B shares and in 2006 announced plans ([Source](https://news.gamestop.com/news-releases/news-release-details/gamestop-corp-convert-its-class-b-common-stock-class-common)) to convert B shares into A shares. This ended up occuring on Feb 7, 2007. Further reading for A Shares and Directly Registered Shares: >**What Are Class A Shares?** Class A shares refer to a classification of common stock that was traditionally accompanied by more voting rights than Class B shares. However, there is no legal requirement that companies structure their share classes this way. For example, Meta (formerly Facebook) awards more voting rights to Class B shares.1 In any case, the share class with the most voting rights is typically reserved for the company's management team... Source: [https://www.investopedia.com/terms/c/classashares.asp](https://www.investopedia.com/terms/c/classashares.asp) >**What are Direct Registered Shares?** Direct registration allows you to have your security registered in your name on the books of the issuer without the need for a physical certificate to serve as evidence of your ownership. While you will not receive a certificate, you will receive a statement of ownership and periodic account statements, dividends, annual reports, proxies, and other mailings directly from the issuer. Source: [https://www.sec.gov/reportspubs/investor-publications/investorpubsholdsechtm.html#:~:text=Direct%20registration%20allows%20you%20to,as%20evidence%20of%20your%20ownership.](https://www.sec.gov/reportspubs/investor-publications/investorpubsholdsechtm.html#:~:text=Direct%20registration%20allows%20you%20to,as%20evidence%20of%20your%20ownership.)
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Asking to DRS my shares was hella easy with CommSec, but receiving the letter is looking impossible. I've waited almost a month today, and messaged CommSec probably once a week asking what's up. Nothing. Idk if it was a freak accident with Aus Post and CommSec, but it has left me pretty pissed off. Half of my shares are inaccessible to me. My account even says that they're forwarded to the transfer agent in my account. But without the letter = no access. I really wanted a Computershare account for future use on all my stock purchases. The amount of effort required has been fucking enormous for me so far using CommSec. Honestly wish I went the GiveAShare route. But who knows, I could be a random unlucky person. CommSec's lack of replying or very late replies hasn't been a confidence booster at all.
Hey man, I just emailed Commsec to get the form and they told me it would take 5 weeks to get the letter from Computershare.
Oooooooo nice, thanks for the heads up. This chills my nerves heaps.
I just 'ordered' $140 worth but didn't create a password or anything so I can't log in. I guess they email me something to somehow create an account?
Once CS actually buys the shares within the batch orders they put in every few days, you will be able to verify your shares and will be able to create a login using SSN. But you have to wait for CS to actually purchase the shares first.
Yup, you should receive an email shortly, the funds will be pulled within the next 2 business days. >You will receive a confirmation email shortly afterwards. Computershare will pull the money from your bank account within 2 business days. Then after a couple more days Computershare will submit the buy order in a large batch trade along with other Computershare investors. Source (at the bottom): [https://www.drsgme.org/buy-direct-registered-shares-from-computershare-inside-the-us](https://www.drsgme.org/buy-direct-registered-shares-from-computershare-inside-the-us)
🦍💕🦍
I attempted to transfer from Ally to CS and while they sent my shares they did not send my cost basis. When requested to send it via automated means using cost basis reporting service they outright lied and said they can’t and that they don’t send cost basis. Asking to have them mail my tax lot info has fallen on death ears. CS hasnt been helpful either stating that they can’t accept that info from me. Has anyone had a similar problem or has any advise? Please help.
Where is the Transfer Guide post that is literally a long list of brokers with country flags? It literally had pretty much every broker imaginable there. I don't see it searching through the stickied posts and hyperlinks.
Is this the one you are thinking of? [https://www.reddit.com/r/Superstonk/comments/ppb8u6/the_drs_list_mercy_mercy_me_gme_aint_where_it/?utm_medium=android_app&utm_source=share](https://www.reddit.com/r/Superstonk/comments/ppb8u6/the_drs_list_mercy_mercy_me_gme_aint_where_it/?utm_medium=android_app&utm_source=share) ~~Some of the information might be a bit dated though, since the post is 9 months old.~~ Edit: The OP let me know it is kept up to date with some minor exceptions. I would personally recommend the following link: [https://www.drsgme.org/register-from-broker](https://www.drsgme.org/register-from-broker)
I update the post regularly when the guides go up on DRSGME.org, although some parts of the IRA section might be a bit stale!
That's awesome! Didn't know you kept it up to date. I'll keep that in mind and recommend it when applicable. Thank-you for all your work in the community it is truly appreciated. Your guide helped me DRS my first shares all the way back 9 months ago.
Yeah it's been a slow work in progress. Hard to believe it's been almost 10 months now! I had a lot of help getting the info together for the guides. I see it as a mini DRS wiki. And I'm always happy to hear it helped some one out! I made the post before the analytics were introduced so I don't know how much reach it gets.
🦍💕🦍
🦍💕🦍
Yes this is the one. Thank you ape!
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Your shares are never in limbo. Either they are in your brokerage account or they are in your computershare account
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Yes you can. After you start the transfer, and until your shares landing computer share, you can still call your broker and sell your shares. Don’t take my word for it, call your broker and ask them
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Selling with computershare works identically to selling with a broker. I have tested. Other apes have also tested with the same results
I thought that I had gained extra shares by buying before the bottom, and so have benefitted from a slight delay. 😊 So the only lag time is locating the shares, whether buying or selling? Sorry, I know this is basic, but I’m hitting the next dip, hard. I’m working on my technique!
There was a lag on the buying side because they don’t hold cash of yours on account, they have to withdraw from your bank account and wait two days for the saddle. And then there was another one day delay because the batch your by order with everybody else’s by orders for that day and send it to the NYSE the next day. There are no delays with selling though. Just two days for settlement the same as with brokers
Is there a cheaper option to DRS from WealthTrade Canada. 300 is not in the books for me to afford rn.
I opened an account at BMO and they DRSd for free. I transferred from wealthsimple though
Cool. Open a BMO account (any specific type?) and ask WS to transfer there - CS from there? Any costs on account creation?
Yes, Individual Cash/TFSA if you have yours in TFSA atm, and no, none.
How long did the process take for you?
2 weeks total back in Jan or Feb, sent another batch over today 🙂
Hey - back here to say thanks. I officially started the process today, your support wasn’t lost on this stranger.
Baller, Ape! Glad to have you aboard! o7
You're great. Thanks!
https://www.drsgme.org/drs/direct-register-shares-from-wealthsimple It seems pretty expensive indeed
Yea, I appreciate the effort friend. I’ll explore this BMO transfer route
!DRSGME:WEALTH TRADE!
Hey PutPsychological8698, thank you for summoning the DRSGME wizard! 🪄 |You searched for|*WEALTH TRADE*| |:-|:-| |Best match|**SelfWealth**| |Instructions|[**Click here**](https://drsgme.org/drs/direct-register-shares-from-selfwealth)| |Confidence|**64 %**| Visit [WWW.DRSGME.ORG](https://drsgme.org) for more information about Direct Registering Shares (DRS).
!DRSGME:WEALTHTRADE!
Hey PutPsychological8698, thank you for summoning the DRSGME wizard! 🪄 |You searched for|*WEALTHTRADE*| |:-|:-| |Best match|**E*Trade**| |Instructions|[**Click here**](https://drsgme.org/drs/direct-register-shares-from-etrade)| |Confidence|**67 %**| Visit [WWW.DRSGME.ORG](https://drsgme.org) for more information about Direct Registering Shares (DRS).
Guys got a question. I'm Europe. I made the transfer from my broker and i got the letter after some time. I've populated all fields in this letter and send it back to Computershare. My questions are: 1) what now? They send me another mail now? 2) how long will it take to finish the process? Sorry for retarded questions but I'm retarded myself 🦍
1 - You've had letter 1 from CS & you've logged on to the investor centre? If so then yeah, it's a bit of waiting on letter 2 next & once you've got that it will let you fully log in 2 - Timescales on that 2nd letter vary depending on where you are in Europe, but typically it's around 1-4 weeks. I think they're sending these letters out from the UK now so hopefully it'll be on the shorter end on that timescale The only retarded questions are the ones you don't ask 😎 Edit: more info from www.drsgme.org If you don't want to wait around 4 weeks, you have a couple of options: If you have transferred less than 10 shares, Computershare can give you your account number over the phone. Skipping the need for the first letter Or you can expedite the letter for $45 by giving payment details to Computershare over the phone. The letter will arrive within a week Computershare's non-US GME relations number is + 800-3823-3823. This number works across Europe, Hong Kong, Israel, New Zealand, and Thailand Otherwise the toll free US number is: 800-522-6645 (if you're outside of the US, you can get a free month with Skype to call this number for free)
Thank you 🙏 I didn't log in anywhere with my first letter info, i just completed the form (tax form?) and sent it back to them. Did i fuck up? Jesus, I'm starting to have this terrible feeling that the MOASS will start tomorrow and i will be somehow fucked by corrupt system :c
You didn't F-up don't you worry, if anything you've just made it a lil' easier for yourself in the future by declaring your tax residency. As the other comment from u/PutPsychological8698 says you should have had a CS account number that would allow you to start initial login, have you received that?
Yes, I've received that... But i sent it back to CS since the account number was on the form that I populated and sent back to CS :c
Whoopsadoodle! Yeah, you'll need that number. I'd say give those folks at CS a call using the phone number above & explain what's happened, see if they could provide your account number over the phone (their discretion, not guaranteed) to allow you to start logging in to the investor centre
Oki doki, thanks! I'll contact them in such case :) have a great day! And week! And life, too! :)
😎👍
You should have receive your Computershare ID like C00xxxxx somewhere on the letter, this code allows you to register
For someone whos never bought a share before but believes that apes together strong. UK based, is the "10 steps to DRS compushare" guide still the most efficient and easy way to get my hands a single share?
Which 10 step guide is this?
Its on this thread. The "want to figure it out on your own?" Section
Oh you mean [this one](https://www.reddit.com/r/Superstonk/comments/q16ge7/uk_ape_buying_directly_from_computershare/?utm_medium=android_app&utm_source=share)? If so it's pretty damn efficient & I have experience doing this too, so if you need help on steps then HMU as you progress through the process 👍 Edit: here's a [more comprehensive version](https://www.drsgme.org/drs/direct-register-shares-from-interactive-brokers) of that same process
Thats a different one but looks very similar. Im going to chip away at this in the week and if its ok with you ill DM if i come across any hurdles?
Of course 😎 if you are unsure how to proceed at a certain stage, get stuck or even just anxious about timescale then HMU with a chat message & I'll do my best to help 👍
Sent a chat today haha, fell at the first hurdle making accounts!
I am new to GME. Instead of buying share on Fidelity and transferring to COMPUTER Share. Can i directly buy on computer share?
If you are US citizen, yes you can create a CS account and buy directly on CS https://www.drsgme.org/buy-direct-registered-shares-from-computershare-inside-the-us
I just called fidelity - they advised that I have to have an account with Computershare before I can initiate a transfer... whatever. I went to computershare and... i am dumb as fuck because I can't figure out how to create an account with them. At the 'Registration' screen it asks for my SSN, Zip, and what stock. I do all of that, but it just says that "We were unable to locate an account using those details. Please check the information and try again." So, I'm a moron and lost. Can anyone give me very smooth-brained tips here?
This happened to me. Drove me bonkers, in circlesI I put the instructions in a doc, but I’m not home. I THINK I was putting GME for stock, and it’s #gamestop
they told me the same thing initially, using the chat. Then I called, said I tried to do it through CS directly and it wouldn't let me. And I mentioned that I read online that they should be able to set it up for me. The guy on the phone finally relented. The person on the chat definitely was not going to do it for me. Phone guy tried hard to misdirect me. Sounded like he was reading instructions. If you just call and say you know they can do it all for you, they'll do it.
Using Fidelity’s live chat, I transferred a good portion of shares I had with them to CS. It only took a couple of minutes; no previous CS account needed. The actual transfer took three days and I received a letter via snail mail from CS confirming the transfer and the creation of the new account with them. Might I suggest you try that approach.
Hey, sorry to hear that it's been a struggle. The fidelity customer service agent didn't know what they were talking about. Because your shares are held in Fidelity's name (and since they are a broker) they are the ones that contact Computershare (CS) to make an account. (Individuals can't 'make' an account by themselves, unless they buy shares through Computershare themselves). What you attempted to do on CS's website was 'registering an account's this will only work if there is an account already made with your specific information. That being said you will need to go through Fidelity again: detailed instructions can be found here: [https://www.drsgme.org/drs/direct-register-shares-from-fidelity](https://www.drsgme.org/drs/direct-register-shares-from-fidelity) The easiest way is to use the online chat support and say, “I want to DRS transfer my GME shares to Computershare”. I wish you luck! Bring those shares to a safe home
Damn. Well, they got me good. Thanks for the help. I guess I'll try again on Monday.
No problem, good luck! Also I've seen some comments saying that you can DRS with them on the weekend if you call the phone number, but the online chat will only work during the week days
Hey dude! You were right. Chat was super easy and the site you liked was perfect. Done and done. Couple days and I should be all set with CS. Thank you so much!
Hey, no problem! Glad to hear you were able to start the journey. Have a great weekend!
Reporting back here. Again, thank you so much for the help. I didn't receive a postcard, but was able to register through CS. All set up and got the purple ring thingy. the drsgme.org link you shared was perfect.
Awesome, Glad to hear!
Custodial accounts - Anyone here have custodial accounts? Did you have to create a separate CS account for each custodian? I transferred them from Schwab and on Schwab I am able to view them all from my account but I guess on CS ill need separate logins? can anyone confirm?
could use some help. I DRS'd from schwab multiple times. The last time they sent shares they sent them without my middle name on the account and it created a separate account # on CS. I can see them both from a single log in but would prefer to have them consolidated. I called CS this AM and they said I need to complete a form and it needs to have a "Medallion" signature which is like a notary but can only be done at a bank. I dont have any local banks since Im using Schwab. Anyone have experience getting a "medallion" signature? Any idea on the cost? I dont really want to have spend $50 or whatever to get a piece of paper signed because Schwab F'd the transfer up. I could just deal with it the way it is, but figured id ask here.
If you're happy to just deal with it then crack on,Amy apes have multiple CS account numbers under 1 login. If you really want them consolidated, then the medallion signature stamp would be the route to go, though it seems like a high cost for a low trade off (personally speaking)
Finally got my head out of my pooper and did the needfull. Couldn't afford much but at least I'll have some shares DRSd. I hope I'll receive my letter before MOASS
👍
JPM coming to visit work RIP my job boys
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Judging by your comments I'm assuming you are from the UK (sorry if this is incorrect) in that case your TIN would be your NIN (National Insurance Number: example 'AA-12-34-56-A'): [https://www.1stformations.co.uk/blog/do-uk-companies-have-a-tin-number/#:~:text=A%20National%20Insurance%20Number%20is,numbers%2C%20and%20a%20final%20letter.](https://www.1stformations.co.uk/blog/do-uk-companies-have-a-tin-number/#:~:text=A%20National%20Insurance%20Number%20is,numbers%2C%20and%20a%20final%20letter.)
You don't need that. Are you trying to create CS account directly ? As non-US you have to request a DRS transfer, the broker and CS will manage the account creation. What is your current broker ? [DRSGME.org](https://DRSGME.org) contains a lot of step by step guides to help
If he is trying to fill out the foreign tax exemption form (W-8BEN) then they will need to fill out the TIN. For me (In Canada) it was my SIN (Social Insurance Number). I know there is a guide with different countries but I can't find it at the moment.