Australian Free of Payment Transfer of Global Securities Transfer FAQs
How do I submit an inbound position transfer from a financial institution located in Australia?
How do I transfer Australian shares into my account?
How do I submit an inbound position transfer from a financial institution located in Australia?
Use the button link or follow the below procedure to submit incoming transfer requests through Client Portal:
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Log in to Client Portal
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Select the Transfer & Pay menu followed by Transfer Positions
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Select Incoming
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Select the Region "Australia" of the delivering firm.
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Select Free of Payment Transfer of Global Securities Transfer from the Method menu and provide your Broker Information.
IBKR will ask you to provide the contact information of your Financial Institution located in Australia and ask you to print, sign and upload a "Transfer Form - Letter of Authorization", which IBKR will sent to your Financial Institution to initiate the transfer process. Please reach out to your Financial Institution as they may require from you to complete their own forms or online request to confirm your intend to transfer to IBKR. Unless your Financial Institution does not respond to us, the transfer will not make progress.
You have multiple options to upload the "Transfer Form - Letter of Authorization" in Client Portal:
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During transfer creation following the above steps, you will have an option to directly upload the signed Transfer Form.
If you confirmed your transfer without uploading the Transfer Form, you will have the option to upload via:
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The Transaction Status & History in Client Portal will show you the pending transfer and a option to upload the transfer form.
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The Pending Items in Client Portal will show you the pending tasks to complete. Click the Notifications (bell) icon in the top right corner.
How do I transfer Australian shares into my account?
Submit Incoming Transfer Request
Use the button above or follow the below procedure to submit incoming transfer requests through Client Portal:
-
Log in to Client Portal
-
Select the Transfer & Pay menu followed by Transfer Positions
-
Select Incoming
-
Select the Region ("Australia") of the delivering firm
-
Select Free of Payment Transfer of Global Securities Transfer from the Method menu and provide your Broker Information.
If your Financial Institution is located in Australia, IBKR will ask you to print, sign and upload the "Transfer Form - Letter of Authorization", which IBKR will send to your Financial Institution to initiate the transfer process. Please reach out to your Financial Institution as they may require from you to complete their own forms or online request to confirm your intent to transfer to 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.
Our settlement details are as follows:
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Custodian : BNP Paribas Securities Services Australia
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CHESS PID: 01892
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BIC Code: PARBAU2SXXX
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Account number: 2005430001
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Contact person: Settlement Department
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Tel: +61 2 80937300
We hold all assets under a custodial structure which is registered under IBKR's name at one omnibus account with our custodian, BNP Australia. Hence, stock is held on CHESS under the one HIN but underlying clients do not have a unique HIN for themselves.
Find more information on international asset transfers in our Users' Guide.
How can I upload the Transfer Form for my inbound Australian Free of Payment Transfer of Global Securities Transfer?
If you request an inbound transfer and your financial institution is located in Australia, IBKR will ask you to print, sign and upload a "Transfer Form - Letter of Authorization", which IBKR will sent to your Financial Institution to initiate the transfer process.
You have multiple options to upload the "Transfer Form - Letter of Authorization" in Client Portal:
-
During transfer creation following the above steps, you will have a option to directly upload the signed Transfer Form. ( add link reference "Transfer Positions CP") (We will provide a scrreen shot once final)
If you confirmed your transfer without uploading the Transfer Form, you will have the option to upload via:
-
The Transaction Status & History in Client Portal will show you the pending transfer and a option to upload the transfer form. (add link reference " Transaction History in P")
-
The Pending Items in Client Portal will show you the pending tasks to complete. Click the Notifications (bell) icon in the top right corner.