How can I transfer my AU and US shares out of Pearler
AU Shares
If you’d like to transfer your Australian shares out of Pearler, you’ll need to initiate the request with the broker you’re transferring to.
Broker details:
Broker name: Openmarkets Australia Limited
Broker PID: 1137
If you’re transferring between HINs with the same account name, address, and entity type (e.g., both individual accounts), Pearler does not charge any transfer fees.
US Shares
The process for transferring US shares depends on the type of transfer your receiving broker supports.
ACAT Transfers
If your broker accepts ACAT transfers, you’ll initiate the transfer with them.
Important notes:
Fractional shares will be sold and transferred as cash. If you prefer, you can request a partial transfer to move only whole shares.
Your Pearler USD cash account must have enough cash to cover any transfer fees. You can add funds by depositing cash or selling.
DTC Transfers
If your broker only accepts DTC transfers, you’ll initiate the request with Pearler.
Important notes:
Complete this authorisation form and send it to us-shares-transfer@pearler.com
Please ensure contact details for your receiving broker is provided.
Pearler will coordinate with our US broker (Alpaca), who will get in touch with the receiving broker.
Once confirmed, Alpaca will deliver the assets, charge the applicable fee, and update your account.
Only whole units can be transferred via DTC, so fractional units will remain in your account. Your Alpaca account number can be found on your Settings > US Settings page.
Transfer Fees
US transfer-out fees are charged in USD:
ACAT Transfers: $100 per full or partial ACAT
DTC Transfers: $50 per security per submission
If you have any questions, feel free to reach out via live chat or email us at help@pearler.com.