How to initiate a US Shares Transfer Out request?

To initiate a US Shares Transfer Out request on the Webull App,

1. Tap the “Menu” logo at the bottom right of the screen

2. Tap on “More” in the shortcuts section

3. Tap on “Shares Transfer Out” in the trading section

4. Fill in and submit your Shares Transfer Out request

Delivering Broker Details

Organization Name: Webull Securities (Singapore) Pte. Ltd.

Contact Person: Operations Team

Email: sharetransfer@webull-sg.com

Custody Account No.: Client Account number with Webull (starts with CSG or CIS)

DTC Participant Code: 0158

Please be advised that any discrepancies in the submitted information, such as the Brokerage Account ID or Delivering Broker email address (e.g. putting personal account ID/emails instead of the Brokerage ID/emails), may result in extended processing times for your transfer application.

Please take note of the following:

1. There must be no change of beneficial ownership.

2. Webull Singapore only supports Depository Trust and Clearing (“DTC”) share transfers.

3. Currently, Automated Client Account Transfer System (“ACAT”) Transfer is NOT supported.

4. The only products supported for transfer out are US Exchange listed Stocks and Exchange-Trade Funds ("ETFs").

5. Transfer out is not allowed when the account has a margin call.

6. Webull charges a fee of USD 150 per symbol for US Share Transfer Out. A 9% Goods and Services Tax (GST) is applicable on the above fees and charges as levied by the Singapore Government.