The process to transfer in Issuer Sponsored securities depends on whether there is:
How do I transfer Issuer Sponsored securities (SRN transfer) into IDPS?
No Change in Beneficial Ownership (NCBO)
To transfer in Issuer Sponsored securities when there’s NCBO, you need to provide:
1. Issuer Transfer Request form completed with the following:
- Client’s Wrap account number
- Asset code, name and number of units to be transferred
- SRN of client’s holding
- Current registration details of client’s holding – name and address
- Signed by trustees/directors/owners registered on the external account.
2. Cost base information (parcel history).
Change in Beneficial Ownership (CBO)
To transfer in Issuer Sponsored securities when there’s CBO, you need to provide:
1. Issuer Transfer Request form completed with the following:
- Client’s Wrap account number
- Asset code, name and number of units to be transferred
- SRN of client’s holding
- Current registration details of client’s holding – name and address
- Signed by trustees/directors/owners registered on the external account.
2. Original Australian Standard Transfer form per asset to be transferred, showing the change in legal ownership and completed with the following:
- Asset name, security code, consideration paid and number of units to be transferred
- Seller: name of the account held with the share registry, and signed by the trustees/directors/owners of the external account
- Buyer: name of the client’s Wrap account (including account number), and signed by the trustees/directors/owners of the Wrap account
- The consideration value and transfer date.
Change in Legal Ownership
To transfer in Issuer Sponsored securities when there’s a change in legal ownership, you need to provide:
1. Issuer Transfer Request form completed with the following:
- Client’s Wrap account number
- Asset code, name and number of units to be transferred
- SRN of client’s holding
- Current registration details of client’s holding – name and address
- Signed by trustees/directors/owners registered on the external account.
2. Original Australian Standard Transfer form per asset to be transferred, showing the change in Legal Ownership and completed with the following:
- Asset name, security code, consideration paid and number of units to be transferred
- Seller: name of the account held with the share registry, and signed by the trustees/directors/owners of the external account
- Buyer: name of the client’s Wrap account (including account number), and signed by the trustees/directors/owners of the Wrap account
- Consideration: NCBO.
3. Cost base information (parcel history).
Where do I send completed transfer paperwork?
Once all transfer paperwork is completed and signed by your client or relevant parties, please upload via Macquarie Request Centre to ensure you can track your request.
For any original documentation required (as noted in the above) please mail to:
TRN: Case Reference
Macquarie Wrap
Attn: Asset Transfers
GPO Box 4045
SYDNEY NSW 2001
Related articles
-
Making an internal transfer of Separately Managed Accounts (SMA) assets -
Transferring between Wrap IDPS accounts -
Transferring from an IDPS to a Super or Pension as a contribution
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