Transfers of delisted securities is possible through Australian Issuer Sponsored Shares Transfer (SRN); however, transfers are subject for a review and not guaranteed.
In order to request an outbound Australian Issuer Sponsored Shares Transfer of delisted securities
- Login to Client Portal
- Click the Transfer & Pay menu followed by Transfer Positions
- Select Outgoing
- Select the Region as ("Australia") of the receiving firm
- Select Australian Issuer Sponsored Shares Transfer
- Provide the requested information
- Click on Add Asset and enter the details
- Click on Continue to verify the transfer.
What are the next Steps?
IBKR will review the transfer request and update you on a web ticket if there are any further requirements.
What your current financial institution may need from you:
IBKR will contact its custodian to arrange the transfer from your Share registry. There is no action required from you at your share registry.
Timing
- Please refer to Transaction Status & History for the outcome of the review.
- Movement of delisted securities can take upto 6 month.
Fees
The transfer out fee is a minimum of AUD 55 per request + additional fees for the transfer out of de-listed securities up to USD 100 may apply.
Please Note
- SRN transfer is only for a single AU security per request.
- SRN account number starts with a "C" or a "I" . What is an SRN?
- IBKR does not allow changes in beneficial ownership. IBKR will only accept delivery from an account that is entitled in the same name as your account.
- Your address at registry should match the address you have at IBKR.
- Please be reminded that ASX settlement rules restrict us from allowing any transfer for less than a marketable parcel. A marketable parcel for equity securities, as defined by ASX Market Rules, is a parcel of securities of not less than $500 based on the previous closing price.