How to transfer employee shares to CommSec

This guide covers shares that were acquired through an employee share purchase or share ownership plan (assuming the shares have now vested and are tradeable).

Why you'd do this

If you transfer employee shares that have now vested, your shares will become CHESS-sponsored with CommSec.. This means you’ll be able to manage and trade the shares using CommSec as a broker.

How to know if this is the right guide for you

  • The shares were acquired through an employee share purchase or share ownership plan and are currently held with the share registry.
  • The shares you want to transfer have now vested and are tradeable.
  • The shares are owned (registered) under the same name as the CommSec account you’re transferring to.

What you'll need

  • details of your employee share plan
  • the name of the share registry that manages your employee shares


1. Make sure the shares are on a regular SRN Securityholder Reference Number

Employee shares are typically held on a special employee account with the share registry. Before they can be transferred to CommSec, they need to be transferred to a regular SRN Securityholder Reference Number. To do this, you’ll need to give instructions to the share registry.

If you’re holding CBA employee shares, contact Link Market Services to request a transfer of the shares to a regular SRN. You can do this either by phone or online.

2. Request an Issuer-to-CHESS transfer through CommSec

Follow instructions here



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