Transferring Stock to Another Broker-Dealer

To transfer your stock from Cash App Investing to an external brokerage account, you are required to use Automated Customer Account Transfer Service, or ACATS.

Please note: we do not support inbound transfers at this time. Currently, Cash App Investing does not charge any fees to transfer your shares. If you transfer your shares via ACATS, you will no longer be able to buy stock in your Cash App Investing account.

To get started, follow the specific instructions provided to you by the receiving broker. They will be able to initiate an account transfer with our carrying broker, DriveWealth, LLC.

The transfer form may ask for a Depository Trust Company, or “DTC” participant number. The DTC# for DriveWealth, LLC is 3856.

You may also need your Cash App Investing account number to complete the form. It can be located on any trade confirmation or monthly statement. To download a monthly statement:

1. Tap the profile icon on your Cash App home screen
2. Select Documents
3. Select Stocks
4. Select Monthly Statements
5. From there, select the year and month required

Cash App Investing can only transfer whole shares. For example, if you own:

• 1.5 share of ABC
• 0.05 shares of LMN
• 0.01 shares of XYZ

Cash App Investing can only transfer your 1 whole share of ABC. The remaining fractional shares must be sold using Cash App Investing before your account can be closed.

It may take 3–5 business days for your assets to arrive in your external brokerage account.

Note: Transferring your shares may fail if any information on the form is incorrect or incomplete. The information listed on the Cash App account must match the information listed on the receiving account. Additionally, selling your shares at any point prior to completion of a transfer request may cause the entire transfer to fail.