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Transfer shares between Sharesies accounts
Transfer shares between Sharesies accounts

Learn how to transfer shares from your Sharesies account to another Sharesies account.

Sharesies Help avatar
Written by Sharesies Help
Updated over 3 months ago

On request, we can transfer shares from one Sharesies account to another Sharesies account, if both accounts are based in Australia and meet a set of compliance requirements.

We can’t transfer shares from an Australian Sharesies account to an NZ Sharesies account (or vice versa), or transfer money between Sharesies accounts.

A fee applies for share transfers. You’ll need to ensure there is enough money in your Wallet to cover the fee, in order for us to process your share transfer request. We will deduct the fee from your Wallet once the transfer is complete.

Request an account-to-account transfer

Email help@sharesies.com.au with the following information:

  1. the name of each investment you want to transfer

  2. the number of shares you’d like to transfer for each investment

  3. the full name and registered email address of the person you want to transfer the shares to—they must have a Sharesies account and agree to receive the shares from you (we’ll contact them to check). By requesting the share transfer, you confirm the recipient has agreed to receive the shares, and to you providing us with their details for this purpose

  4. confirmation that you understand and agree that by completing the transfer, you will from the date of the transfer no longer be the beneficial owner of, or have any rights in, the shares you have transferred (including any current or future value they may have).

After we receive your request, we’ll check that the transfer recipient has a Sharesies account, and email them to confirm their consent to receive the shares in the transfer.

Next, we’ll send an SMS to your registered phone number to confirm the share transfer request.

Once we receive confirmation from both parties and have received all the required information, we’ll process the transfer and deduct the fee from your Wallet.

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