Direct Register Shares from LHV Bank

Updated: Aug 28

LHV Bank requires that you have an existing Computershare U.S. account before they will direct register your shares.

LHV Bank charges a €10 fee for each DRS transfer. This means each time you want to direct register shares of a specific stock (no matter how many shares) you are charged €10.

If you don't have a Computershare US account:

The only way to open one as a non-U.S. citizen is to transfer shares to them, which is possible with IBKR (see our guide for direct registering from IBKR here), or to use

Once your Computershare account is open:

Once your shares and €10 have settled in your LHV account, you can request the DRS transfer by filling in a FOP transfer form and including the extra DRS info in the notes of the form.

  • Log in to LHV Bank and go to "RAHA KASVATAMINE - Makseta väärtpaberikanne".

  • There you can access the FOP transfer request form.

  • When filling in the transaction dates, make sure they're the same as the day you purchased the shares. The value date is always 5 business days after the transaction date.

  • Then in the "Additional Information About the Transfer" box, enter:

  • The Transfer Agent's name, address and DTC number. In GameStop's case that's: Computershare US. DTC# 7807. Computershare Trust Company, N.A., P.O. Box 505005, Louisville, KY 40233-5005.

  • The full name you are registering the shares in (your name most likely).

  • Your Computershare account number.

  • Your US tax ID if you're a U.S. citizen, if not state you are a "Non-Resident Alien" so you have no SSN to provide.

  • Your home address.

  • LHV Bank has said you should put in a transfer request with Computershare, but since Computershare is a transfer agent and not a broker they cannot initiate any transfers. So include a statement saying that LHV Bank needs to contact Computershare and initiate the transfer, as Computershare is a Transfer Agent and not a broker.

  • Submit the FOP transfer request.

The transfer will take 10-25 business days to process. If you're feeling uncertain you can check in with LHV Bank by starting a chat online.

LHV Bank will transfer the shares in your name. As a result, there is a small chance a second account may be created for you. This can be for a few reasons, such as a middle initial existing on one account, but not the other. If your name matches exactly, then the transfer will process within 2-3 business days. If not, then it will take another 2-4 weeks for the account to be made and the DRS Account Statement sent out to you.


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