Inwards Share Transfer

1. How to transfer stocks to uSMART Securities Singapore?

Step 1:

Select “Trade” as shown in point 1, select “Stock Deposit” at point 2.

 

Step 2:

Follow the instruction and fill in the required information. Please ensure that all information is correct before selecting “Next”.

 

Step 3:

Please upload your latest statement from your existing stockbroker as a proof for the holdings.  Upon uploading, please confirm the “Receiver Information” (uSMART trading account details).  

**Please note that statement is only required for US shares transfer.

 

Step 4:

Please enter “Stock name/Symbol”, “Quantity” and “Cost” for us to compute your profit and loss.

 

Step 5:

Please verify all information before submitting the transfer request.

 

Step 6:

Select “Finish”. Your share transfer has been submitted and we will review on the submission. 

 

2. Information required for inward transfer of SG stocks.

Below information may be required when you submit instruction to the other broker for transferring of SG stocks to uSMART SG.

- Broker Name:uSMART Securities SG

-Account Number:<Your uSMART Account ID>

- Account Name/Title:<Your uSMART Account Name>

- Contact Person:Settlement Department

- Tel No.:+65 63030663

- Email: settlement@usmart.sg

 

Additional details:

- DA Code:207

- Custodian Name:IFAST FINANCIAL PTE.LTD.

 

3. Information required for inward transfer of US stocks.

Below information may be required when you submit instruction to the other broker for transferring of US stocks to uSMART SG.

- Broker Name:uSMART Securities SG

- Account Number:<Your uSMART Account ID>

- Account Name/Title:<Your uSMART Account Name>

- Contact Person:Settlement Department

- Tel No.:+65 63030663

- Email: settlement@usmart.sg and settlement@usmarthk.com

 

Additional details for Margin Account:

- DTC No: 0534

- Primary MPID: INTERACTIVE BROKERS LLC

- Custodian Account number: U9342387

- Custodian Account name: uSMART Securities (Singapore) PTE. LTD

 

Additional details for Cash Account:

- DTC No: 0534

- Primary MPID: INTERACTIVE BROKERS LLC

- Custodian Account number: U9342364

- Custodian Account name: uSMART Securities (Singapore) PTE. LTD

 

4. Information required for inward transfer of HK stocks.

Below information may be required when you submit instruction to the other broker for transferring of HK stocks to uSMART SG.

- Broker Name:uSMART Securities SG

- CCASS ID:B02159

- Account Number:<Your uSMART Account ID>

- Account Name/Title:<Your uSMART Account Name>

- Contact Person:Settlement Department

- Tel No.:+65 63030663

- Email: settlement@usmart.sg and settlement@usmarthk.com

 

5. Notes on transferring stocks to uSMART.

- Stocks can only be transferred when account name at both brokers are the same.

- Transfer-in fees: uSMART SG does not charge transfer fees for inwards share transfer, please approach the delivery broker for their transfer fees if any.

- Processing time: Usually 1-3 weeks, subject to the processing time of the delivery broker. uSMART SG will deposit the shares to the client's account within 1-2 working days upon receipt of the shares from the delivery broker. The processing time may delay for certain case depending on the transfer request.

- To transfer your shares from another brokerage firm to uSMART SG, you are required to submit instructions to both receiving party (uSMART SG) and delivery party. Once we have received your receiving/inbound-transfer instruction, we will reach out to the delivery broker to match their delivering/outbound-transfer instruction and arrange a date for delivery.