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 Outgoing ACATNon ACAT Security 2017

2017-2025 Form

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Instructions and help about Outgoing ACATNon ACAT Security

an acat transfer which stands for automated customer account transfer is a type of electronic transfer that allows an investor to transfer Securities from one brokerage firm to another this type of transfer is used when an investor wants to move their Investment Portfolio from one brokerage firm to another without having to sell their Investments and repurchase them at the new firm a cat transfers are typically initiated by the receiving brokerage firm and they can be used to transfer a variety of Securities including stocks bonds mutual funds and exchange traded funds the process involves electronically transferring the Securities from the old brokerage firm to the new brokerage firm and the entire transfer process can take anywhere from a few days to a few weeks depending on the complexity of the transfer there may be fees associated with acat transfers such as transfer fees charged by the old brokerage firmware the receiving brokerage firm however many brokerage firms will offer inc

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