Switch to HSBC Invest

You will need to fill out a Broker to Broker Transfer Request Form to request the transfer of shares from another broker to HSBC Invest.

You can Mail, Email or Fax your signed request to HSBC Invest and once we've received it, we'll transfer the stock into your account (usually) within 48 hours.

You will need to complete an Issuer Sponsored Conversion Request to convert shares bought in a float, if they are currently held as Issuer-Sponsored.

The registered name and address of the shares must identically match your HSBC Invest account details. The share registry will cancel the transfer if there are any differences, so you'd then have to contact the share registry and get them to change the details to rectify any differences. Only after they have changed the details can you initiate the transfer by submitting to us the Issuer Sponsored Conversion Request.

Generally 2-3 business days.

If you are consolidating your investments held with another broker, the broker will verify all of the details on the form. If all the details match, the transfer should take place within 2-3 business days.

If you are consolidating and switching Issuer Sponsored investments, the transfer will take place once the share registry is satisfied and all details are verified. This should happen within 2 business days.

Holder Identification Number (HIN) is used by CHESS to identify shareholders and their registered holdings, including the broker they hold the securities with (also known as broker-sponsored).

You will be given a HIN when you open a trading account with HSBC Invest. Your unique HIN can register multiple securities. Any shares you purchase through your HSBC Invest account will be registered under this HIN. You will receive one HIN for each account opened with HSBC Invest. The HIN begins with an "X" and can be found on your CHESS statement.

The Securityholder Reference Number (SRN) is used by the share registry to identify investors holding Issuer-Sponsored shares. This is usually for shares obtained through a float or initial public offering.

A unique 9 or 10 digit Securityholder Reference Number (SRN) will be used for each of your Issuer Sponsored Holdings. The SRN begins with an "I" and can be found on your Issuer Sponsored Holding statement or dividend payment advice.

CHESS is the Clearing House Electronic Sub-Register System (CHESS) which electronically records an investor's security holding against their HIN. Electronic registration makes share trading more efficient than using a share certificate.

A CHESS Statement of Holding is sent out to shareholders' registered address at the end of each month, providing the details of the shares you hold.