Forbes International Transfer can assist your company with becoming DTC Eligible. DTC Eligibility allows a public company to make deposits into the Depository Trust Company (DTC) which is the largest securities depository in the world. After a company deposits their securities into DTC, brokers can then clear and process transactions with much less difficulty. This allows issuers the chance to increase liquidity, improve market visibility, and save on broker and clearing fees.

At Forbes International Transfer, we are committed to providing the comprehensive assistance your company needs to apply for both DTC FAST eligibility and DTC eligibility. With our eligibility services, your company can reduce costs associated with filing as well as enjoying a safe and secure method for exchanging street securities. We offer a low, fixed cost service so that you and your company can obtain the eligibility you need in a timely fashion.

What Happens If You Are Not DTC Eligible?

If you are not DTC eligible, then your shares cannot be transferred between brokerage accounts electronically. That makes it much harder for people to buy or sell shares of your stock. As a result, you may have a difficult time raising the capital you need for your daily operations.

Furthermore, most U.S. based stock exchanges, including the New York Stock Exchange and the NASDAQ, require you to be DTC eligible. Furthermore, the vast majority of large US banks and broker-dealers are DTC participants. If you want to make it easier for investors to trade?your shares in the market with lower fees, you need to be DTC eligible.

Why Should You Become DTC Eligible?

There are several?benefits of becoming DTC eligible. They include:

• If you become DTC eligible, your shareholders can?transfer and deposit shares more easily with brokers.
• If you upgrade your standard DTC eligibility to be FAST/DWAC eligible, you allow for the electronic deposit and withdrawal?of shares. Instead of your investors waiting weeks for their shares to hit their portfolio, it will only take a few hours, keeping your institutional investors?happy.
• FAST/DWAC eligibility allows you to save money by eliminating?physical certificate printing, overnight courier service, and lost certificate fees with your transfer agent.? Your shareholders can also save money on broker deposit fees.?
• You will have an easier time getting your stock listed on stock exchanges including OTC Markets?because you are DTC eligible.?

For all of these reasons, you should apply for DTC eligibility.

We can submit your application for DTC Eligibility for your company or give us a call at +1 (914) 455 0322.