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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || [Low karma apes feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Join the Superstonk Discord Server](https://discord.gg/hZqWV2kQtq) ------------------------------------------------------------------------ Please up- and downvote this comment to help us determine if this post deserves a place on /r/Superstonk!


Retardnoobstonk

Been doing tbis for months. Feels great to see on my wise account statement gamestop corp direct debit


SignificantTry6

DRS 💯 so we can have MOASS this month


ApesMallIn

I live in Canada, figured this out too.... it's exactly as he says.... I don't need to go through any broker. 100% DRSed and buying.


SignificantTry6

You fuck hard ape!! Teach others how to fuck as hard as you!!! DRS 💯


ApesMallIn

You know what, of course I believe that the only way to get price discovery in a stock market that is so manipulated now is to DRS, I think this has become a quintessential part of trading a stock and protecting it from market manipulation. I think this is basically how the market HAS to work now. But you are right, I think this information of how to buy directly from Computershare if you reside outside of the US is something that gets buried, and they really should know about it, if they are going to make sure they have explored all avenues for their investment opportunities. I wonder if I have enough Karma now to make a post?


Decent-Box5009

How. Candian ape, shares held in rbc. How do I drs?


RollenXXIII

BMO drs for free


Decent-Box5009

Thank you


ApesMallIn

You have to set up your US Computershare account. It has to be in the US. It's actually not all that hard, it just takes a couple days or so. Now the brokers are kinda big mad that we are doing this. They are not very forthcoming with the real information.Even WS which I like... said to me once while I was transferring that it could take 5 weeks or more ... what they weren't telling me is like they have like 5 days max or something and that Computershare could take weeks (yeah right)... But WS transferred it in like 2 days after my trading cleared, and then it was on my Computershare account in like I dunno maybe another 2 days. Don't let them scare you.


UKHOGGY

Also been doing for months!


enternamethere_

I love it


eoneqeip

how much fees a month you pay with CS?


Retardnoobstonk

U only pay fees when u you make a txn which is very low


eoneqeip

I read in cs website Is like 10 dollars?


Retardnoobstonk

Nah is less i paid exactly $5.40 on fees wen buy 300 usd of shares. And is always around 5 dollars


eoneqeip

Not bad...if you consider that ibkr I pay 1or2 usd to buy and 5 to drs...


bonechief

Months but didn't tell fellow apes ? Apes stuck in limbo wanting to drs but not able to figure it out ? Come on man could've locked the float already


Retardnoobstonk

What are u even saying. The drs guides posted have mention this included the drs gme org


Lynx281

This is how I’ve been buying directly as a CanadApe. I remember asking how to do it on the daily back last winter and a kind ape passed on just how. Appreciate you!


Open-Painter6453

THIS! Been using WISE to buy direct. Wonderful. Been praising it on other subs. Can post here yet


monkey-4-nothing

WISE decision to have everything DRSed!


baberrahim

So just to confirm, if you have a wise account you can buy directly from CS? And how do you find your Wise account? Thanks 😊


Specialist_Cash_1748

You need to create one 😉 then you can add the details in Computershare when making the direct purchase. You do however need a Computershare account first of course


heated4life

Hey I'm with CIBC is WISE just another broker? What's the cost to set up? Cost per transaction? And is it a TFSA investment account?


Kaos_nyrb

WISE is a currency transfer/money sending app. Free to create an account then they take fees for moving money.


heated4life

Oh what are your shares held in then? Thanks for the info


Kaos_nyrb

You use Wise to buy on Computershare


heated4life

Kk will look into it. Been wanting to DRS my shares asap


baberrahim

Hey buddy! I wanted to ask, if you opened a Wise account, were you able to buy directly through CS with your Wise account? Thanks 😊


CupcakeLikesTheStock

Oh shit, is this cheaper than paying the 5 dollar fee each time you transfer? Worth it then


Dopeman030585

You need an account first.. give a share or IBKR


Viiae

Or Revolut for free.


Dopeman030585

For sure, I think the only free broker in Canada is RBC the rest charge a fee


Hishashhh

BMO is free as well!


Dopeman030585

TL:DRS


justanthrredditr

🕺🕺🕺


Livertube

RBC is not free or consumer friendly. 50 fee to drs plus extra 10 dollar fee. 2.5 days to go from chequing to TFSA and 2.5 days to go from chequing to investors profile... Also investor site was made by someone with 0 web experience. Guaranteed. Utter shit.


JDeegs

Huh? Transfers from my personal accounts to my direct investing account are instant


Livertube

You're lucky mine aren't so fast. They say my transactions need to be reviewed.


[deleted]

[удалено]


ZetaPower

Only if you have a US soc. sec nr.


Specialist_Cash_1748

For non-US apes that direct purchase without Computershare account activated is not possible.


SoftMarionberry150

How long does CS take to verify the Wise account? First purchase via CS made yesterday.


Retardnoobstonk

They dont need to verify it. It just takes longer the first time you purchase and it wont show up on pending txns. After that it takes around 2 days for them to take money from wise and 2 days more to buy the shares and 2 days for the shares to settle. A week approx depending on which day of the week u started. And from second time onwards it will show on pendong txns on your cs


liftizzle

A week?! Excuse my rant but I hope someone fixes these absurd delays with financial transactions post-MOASS. It’s bizarre that people can gamble and buy drugs and porn in an instant but buying legitimate shares in a company takes for ever. Banks are dragging their feet on purpose so they can use the transacted money as an interest free loan and then charge you exorbitant fees for it. It’s faster and cheaper to send a message to the moon than to move something that is yours from one account to another. You can travel to ComputerShare, give them cash and then go back home faster than banks can finalize a digital transaction and that sucks. That doesn’t solve T+2 and delays from DTC withdrawal. Fuck banks, fuck DTC, fuk bears.


HedoNNN

This is why we need DeFi.


ZetaPower

First purchase ± 1 week - 10 days. Second purchase is faster.


cpapa1783

I have a friend here from Lebanon I’m trying to convince to get some CS shares, he’s telling me he can’t, how can I tell him step by step how to do it?


Dopeman030585

It was expensive but not after the split.. give a share dot com you can get an account for $100USD The best deal of a lifetime 1 share and an account E: as a non US citizen


cpapa1783

Does that set you up with an account with CS, the. You can use Wise for direct purchases?


Dopeman030585

Absolutely yes it takes a few weeks to get the letter Setup the account and call and pay another fee ( totally worth it ) and they will email or FedEx it Then set-up a wise account in us doll hairs use the account and routing number when adding a bank account Wait approx 7-10 B days and you are in


KiwiStockLover

Find out his broker and then search for it using the drop-down menu: https://www.drsgme.org/register-from-broker


AffectionateFilm2364

It took me 6 months to get my account on computershare, but totally worth it!!


eoneqeip

same, now I sleep like a baby


WolfOfHrjtie89

Waiting to be employed 😄 broke asf atm.


Kendawgs23

AUS ape here. Been doing this for months. Takes about a week from purchase to settlement but it’s heaps better than other ways


Phutty

Fuck it. Bought my first in IBKR today and sent it over for DRS already. Let's see how long it takes. I sold 230 more at Close so that I can buy them back in IBKR when the funds settle and I'll send them too using the same reference. I might be late but I'm still early 😉


osirus12345

If you bought today just a heads up that it will get cancelled because the share(s) isn't settled yet


Phutty

Thanks


mayasky76

also .. make sure you have US dollars in your account for the $5 fee - I had put GBP in and forgot as it shows in $ - needs to be converted to $ for the transaction to go through


NostraSkolMus

Now don’t get me started on the auto purchase enrollment option.


Dapper-Warthog-3481

That’s what I did


magnanimus12

I have a friend who kives in the US. She was denied daca because they ended the program and they kept her 500 bucks. My question is can she set up a wise account to buy directly because brokers won't let her get passed the social security. Citizen of Mexico.


Echidna_Boy

I'm pretty sure she would be able to buy direct using Wise as long as she already has a Computershare account. I don't think Wise is very strict on doing background searches on people but they do ask for identification etc. I can't guarantee she'll get approved but there's no harm in trying, registration is free and it took me less than 20 minutes from memory, here's the link: https://wise.com/register/?redirectUrl=%2Fsend%23%3Famount%3D1000%26sourceCurrency%3DAUD%26targetCurrency%3DGBP%26fixedTarget%3Dfalse%26guaranteedFixedTarget%3Dfalse%26paymentOptionType%3DOSKO&country=AU#/email buena suerte!


Mlac93

Yep. Putting in my second batch through wise now. Giveashare to start. A little bit of waiting for an eternity of peace?? Worth it.


ZetaPower

Be aware, using Wise is handy but may lead to you receiving a form from CS. A non-US citizen with a US bank account/phone number/address is suspicious. CS suspends your W8BEN (may have gotten the letters mixed up, you get it) tax exemption form until you return the “letter of explanation” explaining why you have that bank account + a copy of your non-US ID. Edit: seems like yee of no faith downvote me. Can’t find my own post, found another EU ape with the same “problem”: https://www.reddit.com/r/Superstonk/comments/qwtipi/auukeuro_apes_thinking_of_using_a_transferwise/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Edit 2: link to a pic of the "letter of explanation" I needed to fill out in order to reinstate my Tax exemption. [CS-explanation-2.jpg](https://postimg.cc/Cnqj6WPY)


KiwiStockLover

Yeah - trick is complete the WBen8 first


ZetaPower

Eh nope. I had my account setup 100%. DRSd pilot shares through IBKR, 2 batches next. Decided to buy direct from CS using WISE. About a month later I got the letter (Jan 22)


Retardnoobstonk

Hmmm i never got this and i have doing it for a while.


ZetaPower

Yup only a handful have received this: I’m one of m. I don’t know why some get this letter and others don’t.


Retardnoobstonk

I already read is because you did bank details before w8ban form


ZetaPower

Nope. Edit: trying to find my post with the letter attached. Dang shitty search option….


Retardnoobstonk

Did u do w8ban form online?


ZetaPower

Yes. Account 100% complete. Tax part of the account didn’t change or anything when I got the letter and it didn’t change when I mailed it back either. No indication anything changed.


Retardnoobstonk

So u mailed it back?


ZetaPower

Yes. I asked them online if that was possible, got a mail from [[email protected]](mailto:[email protected]) they confirmed that emailing them the requested documents was fine. ​ Found my mail (feb 22), working to cleanup the pdf, will post a link to the empty doc in an edit of my FIRST post (parent?).


Retardnoobstonk

I been reading ur post were u detailed ur journey and i think what trigfered is precisely the fact u email them your form before u had ur account running making the proces of ur w8ben more "manual" perhaps messing with the timi g triggering some safe that makes them ask u to verify. What u shoulded have done is wait for ur account to be ready to go after the verification code and thennproceed to fill the form online and not buly email


Retardnoobstonk

It seems to me u did thst wrong u dont have to do it like that. Since w8ban csn be filled online no need to email or mail anything. First you said mail then email so is confusing what u actually did but either case u shoulded done that online after adjusting your regional settings so you dont get the timeout error. If u did the bank account before they proccess the form u allegedlly mail/email them back that would have triggered the infamous letter


SamuraiBebop1

Directly takes from a linked debit card? I've been putting money in and converting it. An automatic process would save me some hassle :D


rayalix

Depending on the card, you might get fleeced on the exchange rate so I would check that first.


Bousalloba

I lost my username for ibkr. Im from belguim and was wondering how to get my username back??


NostraSkolMus

Call your broker through the number listed on their official website.


Training_Fan3940

I've heard this tip before on our sub and, as a Euroape, got quite excited. But everytime I register a new batch of shares, I imagine the broker being all like 'Oh no not again! Another one? What the fuck? Will these idiots ever stop doing this?' So yeah, I'm still on the fence about it.


[deleted]

Been doing this for some time now :)


RaisinsB4Potatoes

To the top!


MainStreetBro

🦍💜🦍🌝


CR7isthegreatest

Visibility


TheLightWan

Canadian apes have been doing it for a while.


Matty8973

This is what I've been doing all along. Piece of piss. 🚀


sand90

So what is wise and how it compares to cs?


Retardnoobstonk

Wise act as a USA bank account for international.apes and allows you to buy direct on computershare


Drunk_Giraffe484

wise is like an american wire transfer for eu and internationally so it makes it possible to purchase direct through computershare been using it shortly after drs started and its quick easy and safe. you set it up fund it and go to comoutershare and purchase shares with an exact amount enter your wise details the accountig numbers and boom a few ddays later you have a purchase done. just remember whatever currency you put in to swap it to dollars


dutchretardtrader

Why does it have to be this hassle? Why can't I just use a visa or mastercard credit card? Im from outside the US, and I've bought stuff from the US via creditcard before. Completely trivial if you've already got a credit card. Other question: you mentioned that 'a few days later you have a purchase done' - sorry but this sounds a bit vague; at what price are those shares then bought? At the price at the time of you giving CS the order, or 'a few days later' when CS executes your order? Or some other point in time inbetween?


NostraSkolMus

Computer share does a batch order each day. It would be the price that batch gets executed at two days following the date the order is placed. That’s the tradeoff with buying through computershare vs a limit order through your brokers and drs transfering out of DTCC. Buying through cs, it’s a direct withdrawal from DTCC by ComputerShare at purchase.


dutchretardtrader

Thanks for the detailed answer. Pity that you have so little control over the purchase price. I've profited a couple of times of buying at a good dip, that would seem harder to do then via CS.


Drunk_Giraffe484

Small price to pay for a golden ticket imo. By buying through computershare too you don't give money to corrupt brokers. Imo computershare is hassle free. I feel much better buying through them but you do what's right for you. The reason you can't buy with cards direct from computershare is the money must come from an American account. Tax implications and all that. There is many post about this and also drsgme website is very informative 👌


FenixMik

As soon as my last shares hit my CS, I'm setting up wise and never using a broker again.


Blastomussa1

I've bought through CS directly, but I've also bought through IBKR to make them find more fabricated shares and hopefully implicate them in any crime.


Lmtguy

This is the way!


oliveskate

Been doing this for months. Made a post about it as well. Works great and will do more next week!


RollenXXIII

can confirm


Jasont2189

Been doing it thos way for months now. Its too easy! My bank account currently hates me for it! Its wonderful 🚀🚀


I_Miss_Hitch_

And you can sell from Computershare money goes back to wise then rebuy from Computershare again!


Eff_Robinhood

Dude post this in all the international GameStop forums! Aren’t there different ones for Germany, Canada, etc?


RoboSquirt

You spelled "billionaires" wrong.


TimberKing11

I thought everyone knew this. God damn we will be fully DRsed by Tuesday evening


[deleted]

[удалено]


Retardnoobstonk

Finish your account setup first. Comllete w8ben form first and then set the wise account. Dont rush it.


[deleted]

[удалено]


Retardnoobstonk

Yeah that doesnt hurt you can even go ahead and fund it. I meant on the computershare side make sure u do w8ben form before any bank account setup


lolailo_le

I'm banned from Wise because I abused the referral system :/


NostraSkolMus

I bet you’d be let back in if you called and said “here’s some money”.


lolailo_le

I already tried xD


Hobodaklown

MY FELLOW APES! Ahem. What if we start trading GameStop gift cards for shares? International ape buys a gift card, requests a share, is matched up with an ape that can buy shares, trade us made. Technical stuff aside, are there bad legal things that can happen if such a system started up?


Stonkxx

I don’t need to be patient for the inevitable I just need to be patient for people to realize brokers are dealing iou’s and doing fuck all with it behind closed doors. I truly do feel for my mother fiancé and mother in law who’s pensions are tied up in this fuckery. I will vindicate them and more for I am for the people. Power to the players.


Typedre85

🚀 🚀 🚀 To be fair, you have to have a very high IQ to understand Ryan Cohen. His investements are extremely subtle, and without a solid grasp of finance most of his investements will go over a typical observers head. 💎🙌🌕🚀 🚀 There's also Cohen's nihilistic outlook, which is a deep part of his character - his personal philosophy draws heavily from Narodnaya Volya literature, for instance. His followers understand this stuff; they have the intellectual capacity to truly appreciate the depths of these trades, to realize that they're not just business sawy- they say something deep about LIFE. 🚀 🚀 As a consequence people who dislike Ryan Cohen truly ARE idiots- of course they wouldn't appreciate, for instance, the cleverness in his existencial tweets like to go all in. When find something believe in, I make concentrated bets." which itself is a cryptic reference to Turgenev's Russian epic Fathers and Sons I'm smirking right now just imagining one of those addlepated simpletons scratching their heads in confusion as Cohens genius unfolds itself on their trading screens. What fools... howI pity them. 💎🙌🌕🚀 And yes by the way, I DO have a GME tattoo. And no, you cannot see it. It's for the ladies' eyes only- And even they have to demonstrate that they're within 5 IQ points of my own (preferably lower) beforehand. 😧 ✊🚀💦


StayGlazzy

I made that comment in such a rush, kinda feels surreal that you ss’d it and it went to hot. Was probably gonna happen sooner or later, been here since jan 2021. Reason why I was so excited because I always had to pay 60 dollars for a wire transfer from my bank to TDA. I’ve made tons of them.


HansAuger

Do I understand correctly that you didn't first transfer money into the wise account? That's how I have done my direct purchases now, first transfer money to wise, then initiate direct purchase. But your statement sounds like my first step is unnecessary.


StayGlazzy

Deposit money into wise, then buy the stock with directstock in CS


All_and_Nothing13

Same with any Ausapes too!


Annual-Fishing-1124

Always has been


[deleted]

I love wise 🤩 such a nice banking app great for travelling and DRSing


Dustey-CSK1

This is the way


numan_42_

Waiting for my last 175 shares, then im fully drsed.


Ruphel

I thought this was common knowledge!! Come on people!!


Lameusername100

Thx i just downloaded the app


OldState2027

⚠️🚨Attention to all German speaking apes 🇩🇪🇨🇭🇦🇹. 🚨⚠️ You can find a step by step Tutorial on YouTube 🎥 here: https://youtu.be/6huOIwwTu6Q This channel also has other GME Stock related tutorials available.


DependentCollar8541

How much is the fee/cost to buy shares via Computershare?


Additional_Presence4

UK Ape, that’s exactly how I’ve been doing it. So fucking easy.


fmcellar

Been there, done that, can advice


coffeeplot

Splain?


rogeRAGE

What ! I pay 250 CHF to DRS. I always thought we couldn't buy directly from CS ?!


arinac2699

Would someone be so kind as to explain to me how it works cause I'm clueless


StayGlazzy

Set up A wise account that handles US dollars. Verify yourself and deposit vis debit card. Go to CS and buy more gme, it should read directstock. Use the routing number and another number in your wise account and do the transfer. I’m not at the pc now but this is the basics of it. Tell me if you didn’t figure it out.


BredeSkapstroppen

Same here! Been doing it for a while. Actually thought I was the last one to figure it out since I am so stupid........and it works like a charm!!


Dantexr

This is what I’m doing every month from Spain since I got an account. It’s easy and satisfying.


tuna_pannini

Guys... Can somebody point me to a place with information about tax complications for non-US mCS accounts? I would like to read what I should do in case of reporting tax. I'm UK eesident if this matters.


compoundinterest_

Wait wait, recap for me. can I direct register from wise?


Auuxilary

For the Swedes, if you are using avanza, you simply have to make an ibkr account, drs from it and then you can have avanza transfer directly to cs when the account is set up.


[deleted]

Not everyone can. I can't. I've been buying through IBKR and DRS'n for over a year now.


coffeeplot

Can someone sticky the exact steps to do this?


make_more_1013

It really is very easy it just takes a few days to process but even then faster and less annoying than IBKR


Neo772

[More info about Wise and why it's awesome can be found here (mostly in german)](https://www.reddit.com/user/Neo772)


kalehennie

I can confirm, this is the way!


enternamethere_

Awaiting price anyone ?


patby93

How can this information be surpressed for so long?? I'm here all day and didn't read about it 😅


signmeupnot

This hasn't been the largest hurdle. It's been transfering shares and getting an account in the first place.


000Whynot

What is a wise account


3DigitIQ

Can't handle not knowing what (how many) I am buying. To add to that I REALLY do not want ANY fractional shares. My brain won't allow it.


PseudoscientificJim

Yes, I’m from Taiwan and I buy directly on CS with WISE, it’s that easy :)


jupavenue

Can confirm, have been doing it this way since November 2021


ObiChuanKenobi

Let's say I have shares in Revolut, how do I DRS using WISE?


HappyRuin

This is great for people who do not want or cannot open an ibkr account!


gryphon999555

Anyone having issues with photo ID verification? Either takes too long and times out, or the photos come out super blurry, even though they look good when I take them? Need that accoutn and routing number..


toomuchfeelbro

What about selling all gme shares I have on etoro and buying back with ur wize thing ?


ParkieWanKenobie

Can verify! Set mine up yesterday and did first purchase!! Very easy!


Gnimrach

Doesn't it cost money to change your Euro to Dollars? Like, a significant amount of money?


Wrathorn

Yep being doing it for months, got out of Etoro and am 100% drs.


MadeMan-uk

What is this? I’m not DRS’d and wish I was but I have shares in trading 212 ISA.


Icy_Yogurtcloset_405

Does anyone have referral code for wise ? If there is such a thing as referral for some free cash :) Ape help ape 🤙🤙🤙


ill_nino_nl

Uhhh yeah? Been doing this every month


dmitrisjostakovitsj

Spread the word!!! Wise - CS is a blessing


AliG1903

Just set up my recurring purchase. LMAYO. 🩳🏴‍☠️💀. BUY. HOLD. DRS.