When transferring shares, it’s important to understand how transfer fees are handled. The setup can vary depending on the client.
Who Pays the Transfer Fee?
- Depending on the company you work for the cost of a transfer can be covered by either the company (client) or are participant-paid.
- Please consult the terms displayed when placing a transfer which will display the fee if applicable.
Other Possible Costs
Please note that your receiving bank or broker may charge their own separate fees for handling the transfer. These fees are not controlled by us. If you are unsure about potential additional costs, we recommend contacting your bank or broker directly.
Where to Find the Details
Each client agreement is different. For full details on your company’s setup, please refer to the Nominee document or contact your HR/Our support team directly.
Need Help?
If you are unsure who covers your transfer fees, contact us at support@optioincentives.com and our Customer Service team will confirm the details for your specific plan.