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Can I transfer my Satrix ETF's from another broker to SatrixNOW

Yes you can. 


But it is very important to point out that SatrixNOW only offers Satrix issued ETFs (currently 15 different instruments at 01/03/2020) on the platform. 


As a result of this, you can only transfer these Satrix instruments from another broker to SatrixNOW. Ie. If you hold non-Satrix ETF instruments issued by other ETF issuers, you will NOT be able to transfer these to your SatrixNOW account.


You can transfer Satrix instruments you hold with another broker to your SatrixNOW account by completing the following process:

1. Request a portfolio / share transfer form from your current broker, complete it and submit it to them under their process and request them to initiate the transfer. This is the Transfer out leg of the transfer.


2. Complete this SatrixNOW_PortfolioTransferForm.pdf document (HYPERLINK), sign it and scan it.


3. Email the signed document to transfers@satrixnow.co.za .



PLEASE NOTE: If you are looking to transfer Satrix instruments you hold in a Tax-free Savings Account with another broker over to SatrixNOW, you need to follow a slightly different process, detailed in this FAQ article -  Can I transfer tax-free investments from another service provider to my SatrixNOW TFSA?


 

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