Commerzbank does not direct register shares, so you need to transfer your shares to another broker that can DRS transfer. Commerzbank charges a €150 fee for each Basic FOP Transfer. This means each time you want to transfer a specific stock (no matter how many shares) you are charged €150.
Please Note; if you have GS2C shares, you can convert them to GME and transfer to IBKR at the same time using this guide.
You will need to make sure you have €150 settled in your account before you can transfer. A popular route has been through Interactive Brokers (IBKR). The quickest way is to open an Interactive Broker account, buy a share, and request a DRS transfer (link to guide here).
While you wait for your Computershare account to be created, you can transfer your shares from Commerzbank to IBKR with a Basic FOP Transfer for a €150 fee, then from IBKR to Computershare via DRS transfer for a $5(US) fee.
How to Transfer:
Once your shares and €150 are settled in Commerzbank, you need to get a transfer form from Commerzbank, fill it out and send it back.
Then submit a transfer request with IBKR.
Login to Commerzbank and start a support chat.
Ask for an outbound FOP transfer form Fill out the outbound FOP transfer form.
Send the transfer form to Commerzbank along with the following information:
Name of the financial Institution: INTERACTIVE BROKERS Ireland Limited.
Address of the financial Institution: 10 Earlsfort Terrace, Dublin, D02 T380, Ireland.
Contact Person: Kathrin – Asset Transfers.
Phone: +41 41 726 9500 oEmail address of broker: email@example.com (this email address is exclusively for bank to bank correspondence).
BIC/SWIFT Code: IBKRUS33XXX.
Account number: Your Interactive Brokers account number.
Full name of the account holder: Your full name.
On the same day, login in your IBKR account, and click on “Transfer & Pay” from the top menu and select “Transfer Positions”.
On the next page select “Incoming”.
On the next page select “All Other Regions” from the drop down menu.
On the next page select “Basic FOP Transfer".
Select COMMERZBANK on the drop down list.
For “Your Account Number at the Financial Institution“ put your Commerzbank account number.
For “Name of Account Holder at Financial Institution“ put your full name as defined on your Commerzbank account.
Select the Account type (most likely individual).
Select the country of the Financial Institution where you access Commerzbank from).
For the contact email put “firstname.lastname@example.org".
You have to add the asset you want to transfer, click on “Add Asset".
On the next page search which stock you'd like to transfer (GME), click on “Search".
On the next page, click on the row “GAMESTOP CORP- CLASS A / NYSE".
On the next page, define how many shares you'd like to transfer and click on “Save and Finish".
On the next page you'll see a summary of the transfer.
Click on “Continue” Now IBKR will know to expect your shares.
The transfer will be processed within 1-2 weeks.
After your shares reach IBKR:
Now you are able to request the DRS transfer from IBKR to Computershare. To do this you can follow our guide on how to DRS transfer from IBKR (link to guide here).