Learn More About Marketable Security Transfers
To protect the security of your investments, in certain instances you must complete a Transfer Request Form (FS Form 5511 E) to transfer one or more securities from your account. The form must be signed in the presence of an authorized certifying official available at a bank, trust company, or credit union, and mailed to us for processing. (Certification by a Notary Public is not acceptable.) Customer service personnel will perform the transfer when the form is received and approved. You'll receive an e-mail confirming that activity has occurred in your account.
TreasuryDirect requires Marketable Securities be held for 45 days following original issue before they may be externally transferred. 4-Week Bills bought at original issue in TreasuryDirect may not be transferred at all because of a 28-day holding period. The mandatory original issue holding period also applies to securities issued through reinvestment which were not fully funded from the maturing security. Transfer forms received during the original issue holding period will be processed once the holding period ends. Note: Securities transferred into your TreasuryDirect account from a broker or from your Legacy Treasury Direct account are not subject to the holding period.
Transfer forms that are received during the Closed Book Period (see Transaction Restrictions) will not be processed until the Closed Book Period ends. If the securities are scheduled to mature at the end of the Closed Book Period, they will be paid.
For securities issued through reinvestment, see Learn more about Reinvesting Maturing Proceeds.
Whenever a transfer is completed in your account, TreasuryDirect calculates the reportable proceeds amount from the time the marketable security was issued in your account. All your taxable transactions are available with your online, printable IRS Form 1099 each calendar year. For individual accounts, TreasuryDirect also gives you the option to grant Transact rights to the second-named registrant of the security, so any transfer transactions performed by a designated grantee are reportable to your TreasuryDirect account. For more information and exceptions to tax reporting rules, see Learn more about Tax Reporting. Transact rights are not available in entity accounts.
Internal - To another TreasuryDirect account holder: You may transfer Marketable Securities in increments of $100. You may choose to transfer a portion or the full amount of a security for a single transfer. Multiple securities can be transferred at one time to a single recipient, but if this option is chosen, the full amount of each security must be transferred.
External - Out of TreasuryDirect: You may transfer Marketable Securities in increments of $100. You may choose to transfer a portion or the full amount of a security or multiple securities for a single transfer.
Before completing the form for any external transfer, we strongly recommend you contact the receiving financial institution for the correct routing number, bank name, and special handling instructions. When your marketable securities are transferred externally, TreasuryDirect removes them from your account and transmits your transaction in accordance with the provisions cited in 31 CFR Parts 356, 357, and 363. The transaction could be rejected or delayed in processing if the handling instructions are invalid.
To sell marketable securities that are in your TreasuryDirect account, you must transfer the securities to a broker/dealer account. The broker/dealer can sell the securities for you.
- From a broker into your TreasuryDirect account: You may contact your broker to transfer marketable securities you own in another account to your online TreasuryDirect account. To transfer securities through a broker, you will need to use the following delivery information: Receiving bank name – TREASURYDIRECT (all caps, no space), ABA #051736158, and your TreasuryDirect account number (without dashes and spaces).
- From Legacy Treasury Direct into your TreasuryDirect account: You may also move eligible marketable securities from your Legacy Treasury Direct account to your online TreasuryDirect account without using a broker by completing a Security Transfer Request, FS Form 5179. Incoming transfers are released into the Current Holdings of your TreasuryDirect account.
Customer Service representatives submit all verified incoming transfer requests for release into your Current Holdings. Incoming transfers are issued using your primary TreasuryDirect account owner name as the registration for the securities, and with your Primary Bank information as the payment destination for maturity and interest (if applicable) payments. Once securities are issued into your account, you may edit this destination, and you may edit the registration for the securities in an individual account. Note: You may not change the registration for the securities in an Entity account. For incoming transfers, TreasuryDirect uses the price per $100 that was determined at auction. If the price you paid was different contact Customer Service.
Important Reminder! When a security is partially transferred, any scheduled reinvestments will be canceled. When a security is fully transferred, scheduled reinvestments will be retained only if the security is transferred to another TreasuryDirect account maintained under the same taxpayer identification number or to a minor linked account. If additional funds are needed to complete such reinvestments, the receiving account's primary bank will be debited.