Learn More About Marketable Security Transfers
To protect the security of your investments, in certain instances you must complete a Transfer Request Form (PD F 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.
Marketable securities that are originally purchased in TreasuryDirect are subject to a mandatory holding period from the original date of issue. 13-Week, 26-Week, and 52-Week Bills, as well as Notes, Bonds, and TIPS have a 45-day holding period. As 4-Week Bills mature in less than 45 days, they are non-transferable. Once this holding period has ended, your marketable securities are eligible for transfer, both internally and externally. Any forms received during the holding period will be processed once the holding period ends. Any securities transferred into your TreasuryDirect account from a broker or from your Legacy Treasury Direct account are not subject to a holding period. Similarly, any 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 such a closed book period, they will be paid to the original payment destination.
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. 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.
Internal - To another TreasuryDirect account holder: You may transfer Bills, Notes, Bonds, and TIPS 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 Bills, Notes, Bonds, and TIPS 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.
Incoming External
- 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.
- 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, PD F 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 with your Primary Bank information as the payment destination for maturity and interest (if applicable) payments. You may edit this destination once the security is issued in your account. TreasuryDirect uses the Price per $100 received from your broker, so if you find an error, contact Customer Service for update instructions.
Important Reminder! If you decide to transfer a marketable security prior to maturity, any future purchases you have scheduled may be affected. For example, if you submitted a purchase request or repeat purchase schedule using the Maturing Proceeds from this security as the source of funding, the next purchase may be canceled if funds are insufficient to cover the purchase request.