Outgoing DTC asset transfers
Initiating an outgoing DTC asset transfer
Transferring assets of your account from Revolut to another broker can be done via the Depository Trust Company (DTC) transfer process.
To process an outgoing DTC transfer, you'll need to complete the in-app flow:
- Go to 'Invest' on the bottom menu
- Select 'More'
- Select 'Transfer investments'
If you submit a full transfer out of your Revolut account, we'll typically remove your access to those securities until the transfer to your new broker has been completed.
How much does it cost?
Our clearing firm charges Revolut a $35 fee for each position that you transfer out of Revolut. Revolut then charges this fee to you to cover the cost of the transfer.
For example, if you transfer 10 shares of AAPL, 5 shares of NVDA, and 3 shares of TSLA, the fee would be calculated as 3 x $35 for a total of $105.
Can I cancel the transfer?
If you'd like to cancel your transfer, contact Revolut Support via the in-app chat. After a transfer is submitted, it may be too late to cancel. All cancellation attempts are made on a best-efforts basis.
Cost basis
You'll likely need to provide your cost basis to your receiving broker to update the cost basis for your positions.
To download and view your cost basis:
- Go to 'Invest' on the bottom menu
- Tap 'More'
- Select 'Documents' and 'Brokerage account'
- Tap 'Profit & Loss statement'
Cost basis records the original value of your assets upon purchase. It's used to calculate the returns on your investments, and for tax purposes in calculating gains and losses.
How do you protect my personal data?
For detailed information about how Revolut uses, shares, and protects your personal data, you can read our Customer Privacy Notice.