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Securities Withdrawal

Info. about securities withdrawal

Written by BOOM Webmaster

Updated at December 11th, 2024

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How do I transfer securities to other brokers from my account?

You can send the signed STOCK TRANSFER FORM to BOOM by fax or mail, and make a copy to your receiving broker, instructing us to transfer your positions to them.

Please specify all the securities transfer details, such as the stock(s) name, quantity of shares, receiving broker's name, their clearing system & number, settlement date and contact information of the receiving broker.

Obligatory transfer fee and/or handling charges will be charged to your account upon receiving your completed securities withdrawal instruction.

Note:
Please note that the time involved in transferring over the securities will depend on the receiving broker.

 

How do I withdraw physical stock from my account?

For Hong Kong securities, simply fill in the PHYSICAL STOCK WITHDRAWAL FORM and fax or mail to BOOM, stating all the securities withdrawal details, including the stock(s) name and quantity of shares.

Obligatory handling charges will be charged upon acting on your withdrawal request. Clients will be notified for physical stock pick-up when it is ready.

For HK physical stock withdrawal, process may take around three days. You can collect your physical stock in person during normal office hours*.

Please pick up the physical stock within two weeks after the notification. After that period, we will re-deposit the HK securities back to CCASS, and the deducted fees are non-refundable.

We handle physical stocks withdrawal of Hong Kong market only.

* Monday - Friday 9:00am - 1:00pm & 2:00pm - 6:00pm (excluding Hong Kong holidays). Should you wish to collect your physical share certificate outside normal office hours, please call us for prior arrangement.

Note:
Please note that BOOM will not and cannot be responsible for any subsequent corporate action should you leave the previous registration unchanged.

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