Direct Register Shares from Stake

Updated: Nov 7

DISCLAIMER: Initiating any kind of transfer (DRS, ACAT, DTC, FOP, etc.) will temporarily freeze your Stake account until all of the shares are settled with the receiving broker or transfer agent. You will not have access to trading during this time, even if there is an active position in your account. Access to funds and trading will resume when the transfer is complete.

Stake charges a $200(US) fee for each DRS transfer. This means each time you want to DRS shares of a specific stock (no matter how many shares) you are charged $200 for each transfer. Stake also charges a $200 fee to transfer to another broker via FOP or ACAT. So there is no cheaper alternative unfortunately.

The process is as follows:

  • Once your shares and $200 have settled in Stake, complete DriveWealth's Outgoing DRS Transfer form, located here (DriveWealth is the US broker that Stake uses to manage US stocks).

  • How to fill out the Outgoing Share Transfer form:

  • DW Account Number: Stake Account Number.

  • Account Holder (name): Your name.

  • Phone: Your Phone Number.

  • Email Address Your email address.

  • Company Name: Gamestop (GME).

  • Receiving Firm Name: Computershare DTC Number: 7807.

  • Receiving Firm’s Address: Attn: Stock Transfer Department, 462 South 4th Street, Suite 1600 Louisville KY 40202.

  • Shares should be registered to the benefit of: Your Name.

  • Social Security #: If you don’t have one, enter “999-99-999” in this field.

  • Once the form is completed (as well as signed and dated), send it back to support@hellostake.com.

  • Keep a copy of your DRS form as it will help knowing exactly how Stake entered your information into their system, which in turn will be used on Computershare’s system.

  • You should receive an automated email response from Stake, advising that one of their team will be in touch shortly. This contact may take anywhere from hours to a couple of days.

  • You will know when the DRS transfer is taking place, as your account will be restricted for the duration. Time varies, but it's normally 5-10 business days.

  • During this period, you will not be able to purchase or sell any stock from your account with Stake.

  • Your account being unlocked indicates that your shares have left Stake and are now at Computershare.

If you don't have an existing Computershare account:

Your broker and Computershare will take care of the transfer and open a Computershare account for you. This will take another 2-3 business days.

After your shares leave your broker:

  • Now you will need to wait for the first Computershare letter to arrive.

  • This letter is the DRS Account Statement.

  • It will take another 2-6 weeks after your shares have left your broker.

  • If you don't want to wait around 4 weeks, you have a couple of options:

  • If you have transferred less than 10 shares, Computershare can give you your account number over the phone. Skipping the need for the first letter.

  • You can expedite the letter for $45 by giving payment details to Computershare over the phone. The letter will arrive within a week.

  • Computershare's non-US GME relations number is + 800-3823-3823. This number works across Europe, Hong Kong, Israel, New Zealand, and Thailand.

  • Otherwise the US toll free number is: +1 800-522-6645 and the US toll number is: +1 (201) 680 6578 (charges may apply). If you're outside of the US, you can get a free month trial with Skype to call these numbers.

  • If you don't hear any relevant options with the automated menu, you can keep pressing 0 to get through to a human.

  • If you are asked to verify your address and live outside of the US, you will have to use an ISO code instead of your country. For example, London in the UK is GB-LDN and Barcelona in Spain is ES-B. You can find your country's ISO codes through this wikipedia page.

When you have the DRS Account Statement:

  • Go to Computershare.com/us.

  • Click on “Login to Investor Center”.

  • Click on “Register Now”.

  • Make sure to select the “Holder Account Number” tab, instead of “Social Security Number”.

  • Select “I am not a U.S. Resident”.

  • Provide the Computershare account number that is on your DRS Account Statement (starts with “C”).

  • Provide your registered Zip/Postal code, and the name of the stock that you hold (GameStop).

  • Computershare will then prompt you to create your username, password and security questions.

  • Once your account is created, Computershare will send you a verification letter in the mail. This will arrive in 1 to 3 weeks.

  • If you'd like it sooner you can call Computershare and pay a $30 fee to get the verification code via email within 48 hours.

  • Computershare's non-US GME relations number is + 800-3823-3823. This number works across Europe, Hong Kong, Israel, New Zealand, and Thailand.

  • Otherwise the toll free US number is: 800-522-6645 (if you're outside of the US, you can get a free month with Skype to call this number for free).

  • If you don't hear any relevant options with the automated menu, you can keep pressing 0 to get through to a human.

  • If you are asked to verify your address and live outside of the US, you will have to use an ISO code instead of your country. For example, London in the UK is GB-LDN and Barcelona in Spain is ES-B. You can find your country's ISO codes through this wikipedia page.

When you receive the verification code letter:

  • Return to Computershare.com/us.

  • Click on “Login to Investor Center”.

  • Login using the username, and password you have created.

  • Then you can enter the verification code.

  • You now have full access to your Computershare account!

  • There is no more need for the verification code.

Tax Form:

At this stage it is important to verify your tax status as a non-US citizen. While logged into your account, go to the My Profile tab, then “Tax Details”. A guide on how to fill in the W-8 BEN form is linked here.


If you have an existing Computershare account:

Your broker will transfer the shares in your name. As a result, 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 the normal amount of time. 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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