You can transfer your international shares to Selfwealth by completing a Transfer International Stock In form and submitting it via email, along with a current photo identity for all account signatories. Once your form is processed, the shares will be moved into your Selfwealth international share trading account.
(for more information on how your international shares are held, click here).
Does Selfwealth apply any fees or conditions when transferring international shares?
No, neither Selfwealth nor Phillip Capital will charge any fees for transferring your international securities to Selfwealth. However, your current broker or custodian may charge a fee or apply conditions, such as a minimum transfer size or a fee per holding transferred. Some brokers and custodians do not allow transfers at all or may limit transfers depending on your account type. We recommend discussing this with your current broker or custodian before submitting a transfer request.
Can I transfer fractional shares or odd lots?
Selfwealth does not support the trading of fractional shares or odd lots. For each holding being transferred, the quantity must be a whole number. When transferring Hong Kong Stock Exchange (HKEX) shares, the quantity for each holding must be a multiple of the board lot value for that stock.
For more information, see What are board lots?
What else should I be aware of before transferring my international shares?
Before completing the form, please confirm the following:
- DTC transfer method: your current broker or custodian supports the DTC transfer method. Phillip Capital does not support transfers via the ACATS or DRS methods.
- Same beneficial owner: the shares are held under the same beneficial owner as your Selfwealth portfolio. For example, transferring shares from a joint account to an individual account would result in a change of beneficial ownership and is not permitted.
- Certificated holdings are not supported. Your shares must be held electronically before transferring.
Completing the 'Transfer International Stock In' Form
You can download the Transfer International Stock In form. The form includes a checklist and two main sections. Please complete the checklist before starting the form.
Section 1: Entering your Account Details
In this section, enter your account details for both the source account (the broker you are transferring from) and your destination Selfwealth account.
- The name under which the source account is registered (this can be an individual or entity depending on the account type).
- The account number for the source account (you can get this information from your current broker).
- The name of the broker from which you wish to transfer shares.
- The email address and phone number for the other broker (most brokers have a preferred contact point which they will provide on request).
- The name under which your desired destination portfolio with Selfwealth is registered (you can find this information by clicking Settings > Portfolios on the Selfwealth website).
- Your Phillip Capital ID (you can find this by clicking Settings > Portfolios on the Selfwealth website).
Section 2: International stocks to be transferred
In this section, list each holding you wish to transfer. Each holding must be entered on a separate line and include the following details:
- Holding code: for example, TSLA for Tesla.
- Holding name: the full name of the stock, for example Tesla.
- Market or exchange: the exchange the stock is listed on, for example NYSE, NASDAQ or HKEX.
- Quantity: the number of shares to transfer, which must be a whole number.
If you have more holdings than there are rows on the form, print a second copy of this page, complete it, and sign it before submitting.
Signing the Form
All signatories on the destination portfolio must sign and date the form in wet ink. Digital signatures are not accepted. If you have a joint account or a trust account with multiple trustees, more than one signature will be required. For company accounts, please sign in accordance with the company's constitution.
Once your form is signed, email it along with a current photo identity for all signatories to support@selfwealth.com.au. Please allow up to 10 business days for your transfer to be processed and for the holdings to appear in your Selfwealth account.