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Direct Register Shares from Bolero

Updated: Oct 19, 2023

Bolero does not direct register shares, so you need to transfer your shares to another broker that can DRS transfer. Bolero charges a €50 fee for each Basic FOP Transfer. This means each time you want to transfer a specific stock (no matter how many shares) you are charged €50. You will need to make sure you have €50 settled in your account before you can transfer.

A popular route has been through Interactive Brokers (IBKR). The quickest way is to open an IBKR account, buy a share, and request a DRS transfer (link to guide here). While you wait for your Computershare account to be created, you can transfer your shares from Bolero to IBKR with a Basic FOP Transfer for a €50 fee, then from IBKR to Computershare via DRS transfer for a $5(US) fee.

How to Transfer:

Once your shares and €50 are settled in Bolero, you need to create a Letter of Instruction. To do this you need to submit a transfer request with the receiving broker (IBKR).

  • Login in your IBKR account, and click on “Transfer & Pay” from the top menu and select “Transfer Positions”.

  • On the next page select “Ingoing”.

  • On the next page select “All Other Regions” from the drop down menu.

  • On the next page select “Basic FOP Transfer".

  • Select BOLERO on the drop down list.

  • For “Your Account Number at the Financial Institution“ put your Bolero account number.

  • For “Name of Account Holder at Financial Institution“ put your full name as defined on your Bolero account.

  • Select the Account type (most likely individual).

  • Select the country of the financial institution where you access Bolero from).

  • For the contact email put administration@bolero.be.

  • You have to add the asset you want to transfer, click on “Add Asset".

  • On the next page search which stock you'd like to transfer (GME), click on “Search".

  • On the next page, click on the row “GAMESTOP CORP-CLASS A / NYSE".

  • On the next page, define how many shares you'd like to transfer and click on “Save and Finish".

  • On the next page you'll see a summary of the transfer. Click on “Continue”.

  • Interactive Brokers will generate a Letter of Instruction for you.

  • Click on “View Form”, then click on “Print".

  • Print, sign and scan the Letter of Instruction back in.

  • You will also need to fill in a transfer form with Bolero before emailing them. Download the form from the Bolero website.

  • You have to fill in the form with the following information:

    • Product Name: GameStop.

    • ISIN: US36467W1099.

    • Quantity: How many shares you bought when you opened the position.

    • Exchange: The Exchange you bought the shares through. This will be in your contract notes.

    • Account details (BOLERO):

    • Provide your username and full name.

    • Print out the form, sign it, and scan it back in.

    • Send an email to administration@bolero.be

    • For the subject write: “GME Position transfer”.

    • For the email write: “I want an outbound Basic FOP. Transfer of my XX GME shares to Interactive Brokers. I accept the transfer fees”.

    • Account details (IBKR):

    • Name of the financial Institution: INTERACTIVE BROKERS.

    • Account number: Your Interactive Brokers account number.

    • Full name of the account holder: Your full name.

    • Email address of broker: assettransferservice@interactivebrokers.com.

    • This account is from the following country: Put in the country you registered your IBKR account.

  • Attach the Letter of Instruction from IBKR, and the Bolero transfer form.

  • Hit "Send".

The transfer should be processed within 3 business days. You will receive an email confirming that the transfer was successfully performed.


After your shares reach IBKR:

Now you are able to request the DRS transfer from IBKR to Computershare. To do this you can follow our guide on how to DRS transfer from IBKR (link to guide here).

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If you have any corrections, or know of any other brokers, please let us know through the feedback page!

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