How do I transfer shares held by another party to CommSec? (OMT)

To transfer beneficial ownership of shares from one party to another, without buying and selling on the market, you can complete an Off Market Transfer form. For example, a transfer between MR JOHN SMITH + MS JANE SMITH to MR JOHN SMITH + MS JANE SMITH <SMITH SUPER FUND A/C>.  (If your shares have the same registration details as your CommSec trading account, you need to complete an Issuer to CHESS request or a Broker to Broker request - this is free of charge).

1. To download the form log into your CommSec account and navigate to Support > Forms & Brochures: Australian Shares > Off Market Transfer:

Internal Bulk Off Market Transfer Form

For use when transferring multiple holdings from one CommSec account to another CommSec account only. This form will allow bulk transfer of up to eight securities using one form.

Off Market Transfer Form for Issuer to Chess Transactions

For use when transferring Issuer Sponsored holdings into your CommSec Trading Account. If the seller is not a CommSec or a Commonwealth Bank customer, additional identification is required.

Off Market Transfer Form

For use when transferring shares between another Brokers Account and your CommSec Trading Account or from your CommSec Trading Account out to the Share Registry.

2. You can complete the form electronically by typing directly on the form, or alternatively print and fill out the form. Once complete, please print, sign and email a scan of the form back to us at OMTRequests@CommSec.com.au.

Your shares will be transferred approximately 48 to 72 hours from receipt of your request.

Please note: A fee of $54 per transfer may apply per transfer. The fee will be automatically debited from the bank account linked to your CommSec trading account. If you are transferring from one CommSec trading account to another, the fee will be debited from the account receiving the shares.

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