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Transfer shares

Thank you very much!

keepnosecrets      ( Date: 13-Aug-2009 17:05) Posted: It depends on what you really want, but let me give you two answers to the question. 1.  If you want to trade with peoms and sell some of your wife's shares, Peoms would not have any procedures for such matters. Your wife has to go to CDP Office in Shenton Way and request to transfer her shares to your name.  After the shares are in your account, you can sell them with any brokerage firms you wish.  If the shares are Singtel shares, you can go to a bank and sell directly there without going to a brokerage firm.  This is the only answer to the situation. 2.  If your wife's shares are not with CPD but with OCBC because she uses margin, or because the shares are US Stocks not accounted in CDP, then your wife has to go to OCBC with you to make the arrangements because both of you have to be present since they need information from you about your Phillip Sec's account and your wife's share details. Tell OCBC to make arrangement to transfer the custodian shares for your wife into your Phip's acct. There should be some procedures to this.

 

It depends on what you really want, but let me give you two answers to the question.

1.  If you want to trade with peoms and sell some of your wife's shares, Peoms would not have any procedures for such matters. Your wife has to go to CDP Office in Shenton Way and request to transfer her shares to your name.  After the shares are in your account, you can sell them with any brokerage firms you wish.  If the shares are Singtel shares, you can go to a bank and sell directly there without going to a brokerage firm.  This is the only answer to the situation.

2.  If your wife's shares are not with CPD but with OCBC because she uses margin, or because the shares are US Stocks not accounted in CDP, then your wife has to go to OCBC with you to make the arrangements because both of you have to be present since they need information from you about your Phillip Sec's account and your wife's share details. Tell OCBC to make arrangement to transfer the custodian shares for your wife into your Phip's acct. There should be some procedures to this.

 

Hello, 

I got a question. Hope someone can help me. 

My wife wants to transfer shares from her OCBC account to my POEMS account. Is this possible? If so, how to do it.

Thank you very much.