AU Shares

If you wish to Transfer your AU shares out of Pearler then you will need to initiate a request at the broker you wish to transfer to.

Our broker partner's name is Openmarkets Australia Limited and their broker PID is 1137.

US Shares

If you wish to Transfer US shares out of Pearler then this will need to be initiated with the broker you wish to transfer to. Our US broker Drivewealth accepts ACAT or DTC transfer out requests.

Your Drivewealth account number can be found on your Settings > Shares settings & dividends > US page for each account and the fees (charged by Drivewealth) are listed below:

Please keep in mind the following before submitting the transfer out request to the receiving Broker:

• Full ACAT OUT requests for accounts with fractional positions

  Customers wishing to process a full outgoing ACAT must liquidate all fractional positions prior to submitting a request for transfer. Fractional positions cannot be settled via the DTCC ACAT system; therefore, any requests for accounts holding a fractional position will be rejected. Should the user wish to process a transfer request without liquidating fractional positions, a Partial Transfer Request would need to be submitted.

• ACAT OUT Requests with insufficient funds to cover the transfer fee.

  Accounts wishing to request an outgoing ACAT transfer must have sufficient cash to cover the Transfer Fee. Funds can be added by depositing cash or selling securities to raise the cash.

If you have any questions, please reach out to us via our live chat or email us at help@pearler.com.