Transferring international listed securities off Wrap IDPS

Your client can generally retain their listed securities if they close their account. At the client’s request, we’ll transfer in specie these investments to the client where possible. 

To transfer international securities off Macquarie Wrap, your client must provide written instructions to wrapsolutions@macquarie.com. The instructions must include:

• your client’s previous Wrap account details
• your client’s external account at counterparty
• signatories and corporate titles for company accounts
• the security ISIN and quantity
• counterparty’s Settlement Instructions (SSI)
• counterparty’s contact details.

There’s a $20 per asset fee charged when transferring assets out of Macquarie Wrap to an external account or holding.

This fee will be charged from the Wrap Cash account when the assets are moved off platform, or if the account is being closed, as part of the final fee calculation.