What are the fees for outgoing share transfers?

What are the fees for outgoing share transfers?

You will need to reach out to the receiving broker/ platform as they will be able to assist you in moving the funds/ stocks from Vested to the receiving broker.

Before initiating the transfer from your broker, please note that:
  1. There are certain charges for initiating this transfer. To know more, please refer to the attachment below.
  2. You won't be able to transfer fractional shares.
  3. Kindly maintain/keep a sufficient amount in your Vested wallet to pay the transfer fees since the same would be deducted from your Vested brokerage account.
  4. Also, before initiating the transfer from your broker, make sure that you have opted out of FPSL in your Vested account. You can check yourself by going to the Vested profile -> Securities Lending Income Program -> Toggle off.
  5. Please initiate Partial ACATs instead of full ACATs to prevent the closure of your Vested account. If your Vested account has a 0 balance after the transfer, it will be automatically closed.

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