DRS from IBKR costing over $200?? (lemmit.online)

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The original was posted on /r/GMEmate by /u/rory4kdu on 2023-09-01 04:10:37.

I initiated a DRS request through IBKR as Commsec no longer allows it. The request was declined and the reason was

“Transfer instructions have been receivedRejected by IB: Client may not have the cash to cover DRS fees. Transfer rejected due to margin requirement. $221.90 additional equity needed.”

Does anyone know why apparently Computershare charges to directly register now?

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this post was submitted on 02 Sep 2023

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