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IIT-Roorkee Heritage Fund (University of Rookie Foundation) STOCK/ SECURITY TRANSFER TO IIT-Roorkee Heritage Fund STOCK DONATION of appreciated stock directly to heritage fund has a dual tax advantage

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What is dtc transfer request?

A DTC transfer request is a request to transfer securities from one DTC participant to another DTC participant through the Depository Trust Company (DTC), a central securities depository.

Who is required to file dtc transfer request?

Both the transferring DTC participant and the receiving DTC participant are required to file the DTC transfer request.

How to fill out dtc transfer request?

To fill out a DTC transfer request, you need to provide information such as the security details, transfer instructions, participant details, and any required documentation. The specific process may vary depending on the participant and the securities being transferred.

What is the purpose of dtc transfer request?

The purpose of a DTC transfer request is to facilitate the transfer of securities between DTC participants in a safe and efficient manner, without the need for physical certificates or manual processes.

What information must be reported on dtc transfer request?

The information reported on a DTC transfer request typically includes the security identifier, quantity, participant details, transfer instructions, and any required supporting documents.

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