When you join SIX, you are automatically set up with a HIN (Holding identification number). You are able to have multiple HINs with different brokers and if you already hold shares with another broker, you likely have a HIN attached to the account if it is CHESS sponsored. When you transfer your shares, your HIN won't be transferred across.
The process of transferring shares from another broker when you already have a HIN attached to your account is called a Broker to Broker transfer and will mean the individual shareholdings are transferred across to the HIN on your SIX account.
As you are only able to hold one HIN per broker account, your HIN will remain the same with each broker.
You can transfer some or all of your shareholdings across, all you need to do is provide us with the details and we'll help you from there!
Before transferring, make sure to check if there are any transfer fees that apply with your departing broker.
How to transfer
📩You provide the transfer details to SIX
📩You provide the transfer details to SIX
What you'll need:
Current broker details
Broker name
Account number
HIN
PID (leave blank if unknown)
Your details (as recorded with your current broker)
Name
Address
Shares you wish to transfer
Security code
Security name
Quantity of shares
Average price
➡️ SIX initiates the transfer
➡️ SIX initiates the transfer
We will initiate the transfer and generate a pre-filled form with the details you provide.
This will be sent to you to be signed.
✍️You sign and return the transfer form to SIX
✍️You sign and return the transfer form to SIX
The form needs to be signed with a wet signature (pen on paper) but can be returned electronically. You will also be asked to provide a copy of your ID (licence or passport) when you return the form. Please note the signature on your ID should match the completed form. This is to ensure that your current broker can verify your details and approve the transfer.
➡️ SIX submits your transfer request on your behalf
➡️ SIX submits your transfer request on your behalf
This will be sent to your current broker. They will need to verify the details which can take a few days from when they receive the request. We'll be sure to keep you updated throughout the process!
📊 SIX notifies you when the shares are in your account
📊 SIX notifies you when the shares are in your account
We'll be in touch when the transfer is successful or if we need further info from you!