Types of permitted stock transfer requests

The following articles describes the type of stock transfer requests supported by Saxo. 

Types of Transfers
SL. No	Types of transfers	Descriptions	Documents/information required	Timelines (post receiving the correct documents)
01	Direct Registration System (DRS)* 1.  Canadian DRS 2. Unites States DRS	The Direct Registration System enabled clients/investors to elect to hold their assets in book entry directly with the issuer.	Canadian DRS 1. Stock power form 2. Holding statement United States DRS 1. Holding statement	Within 5 days
02	Issuer Sponsored Transfers	An Issuer Sponsored Transfer allows shares to be transferred between a broker dealer and the Transfer agent electronically.	1. Off market form 2. Holding statement 3. Information memorandum of issue if any	Within 5 days
03	Deposit/Withdrawal at Custodian (DWAC)	Deposit/Withdrawal at Custodian (DWAC) is a method of electronically transferring new shares or paper share certificates to and from the Depository Trust Company (DTC).	No additional document required	Within 3 days
04	Registrar Transfers	Transfer of shares at Individual´s name and address while moving the shares to broker	1. Client name 2. Registered address 3. Nationality	Within 8 days
05	Cross-Border	Intermarket movements 1. Internal market movement (Delisted) where the instrument is delisted from current market and is listed in new market 2. External market movement – where the client is holding the position (with different broker) wants to receive the position on new market at Saxo so they can trade in new market for the multi-listed securities	Dependency on Custody 1. To confirm the eligibility for movement 2. Cross-Border format 3. Stamp charges (if applicable)	Within 8 – 10 days

Please note 

• *DRS transfers are only available for White Label partners who have stated this is supported during their due diligence process.
• The mentioned timelines relate to the general expectation, but our the actual transfer SLA remains 15 working days as specified in the Estimated time to process a transfer of securities article. 

If you have any questions regarding the table above, please reach out to your account manager by submitting a case through the Case management module to Institutional service.