CLEAR PRINT

Move Assets From My Schwab Account Page 1 of 3

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Return the completed form by using Secure Messaging on Schwab.com, or fax to 1-888-526-7252.
Please use this form to move (or transfer) cash and/or assets from your Schwab account to another Schwab account(s). Please use a separate form for
each originating account. If your request exceeds the lines on page 2, please attach a separate spreadsheet with the same format. Schwab may
contact you to verify your request to journal your assets to a third party. (Note: Retirement accounts will require a distribution form if your tax withholding
preference is not listed on your account. Please call the appropriate number listed above.)

Move Assets From: (After completing this section, continue to Section A or B. Use Section B to move specific assets.)
Originating Schwab Account Number Name(s) on Your Schwab Account as Displayed on Your Statement. (Please print.) Daytime Telephone Number

Please close the Originating Account after processing. (Note: All assets must be disbursed before closing the account.)

A. Move Assets to Another Schwab Account

Receiving Schwab Account Number In the Name of (Please print.)

Move All Cash and Assets to the Receiving Account.

Move “Cash Only” to the Receiving Account.

One-time Cash Request    All Available Cash    Cash Amount $___________________

Recurring Cash Request (Check only one box in this section.) Amount $__________________

Monthly     Quarterly     Annually—Beginning Date:________________________

Semi-monthly   Semi-annually—1st Date:______________ 2nd Date:______________

 Keep these instructions on file for future requests to move cash via phone or Schwab.com (go to Accounts > Transfers and Payments > Online Transfer).
Please indicate the cost basis method when contacting us to move shares.

 Set up these instructions for future requests to move cash and/or assets between the Receiving and Originating Accounts. Please indicate the
cost basis method when contacting us to move shares. (Note: To set up these instructions, you must be an authorized agent on both accounts.)

B. Move Assets to One or More Schwab Accounts and Choose a Cost Basis Method
• When moving non-cash assets, please ensure you understand and specify which cost basis method you would like us to use prior to processing. If an
alternative cost basis method or specific lot instructions are not listed in the table on page 2, the shares will be moved using the originating account’s
cost basis method, which can be found by going to Schwab.com > Service > Account Settings.
• Schwab’s default cost basis method for stocks, bonds, and ETFs uses identified lots with the FIFO cost basis method described below. If instructions are
provided to journal a partial quantity, the remaining shares will be adjusted using the account’s default cost basis method.
• Schwab’s default cost basis for mutual funds is average cost. Lots cannot be specified if this method is currently used.
• Moving non-cash assets out of a custodial account is prohibited.
• The non-cash assets being moved are not part of a private securities transaction.
• Cost basis methods:
• First In, First Out (FIFO): The first lot acquired is the first lot moved. If lots are missing cost basis, these lots will be moved first.
• Last In, First Out (LIFO): The last lot acquired is the first lot moved, regardless if lots are missing cost basis.
• High Cost Lot (HCLOT): For long positions, the lot with the highest cost is moved first; for short positions, the lot with the lowest cost is moved first.
Lots with missing cost basis will be moved after lots with known cost basis are moved.
• Low Cost Lot (LCLOT): For long positions, the lot with the lowest cost is moved first; for short positions, the lot with the highest cost is moved first.
If lots are missing cost basis, these will be moved first.
• Tax Lot Optimizer (TLO): Even though lots are selected and sold with the objective of taking losses first (short-term then long-term) and gains last
(long-term then short-term), any shares moved will be processed at the High Cost Lot Method (HCLOT). Lots with missing cost basis will be moved after
lots with known cost basis are moved.
• We can split each lot with an equal proportional allocation of cost basis to each receiving account. This is known as pro rata.

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©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
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 Move Assets From My Schwab Account | Page 2 of 3

List each receiving account and each asset to be moved by either the number or Only complete this section if you do not want us to apply
percentage of shares or percentage of the account. the cost basis method on the originating account when
• If you would like the cost basis split pro rata, you must indicate “pro rata” in the moving shares, or if you want to move specific lot(s).
Alternative Cost Basis Method column.
• We will not create fractional shares from whole shares. When splitting an asset,
please designate the account that will receive the odd share amount.
• If splitting and moving an asset with existing fractional shares, please specify the
exact share allocation between accounts.
• Generally, we can only move municipal bonds in minimum increments of $5,000 and
most other bonds in $1,000 increments. In some cases, we will not be able to split
existing bond positions.
Receiving Account In the Name of Asset # of Shares Alternative List each lot’s information below.
Number(s) (Please print.) (Symbol, CUSIP, etc.) (e.g., 5 shares) Cost Basis (Please validate each lot by using cost
% of Shares Method for each basis information on Schwab.com.)
(e.g., 5%) asset or account
OR Acquired Date Quantity Cost Basis per
Available Cash (FIFO, LIFO,
(e.g., $100) HCLOT, LCLOT, (mm/dd/yy) Share/Bond
% of Account or pro rata)
(e.g., 50%) (Please print.)

OR

OR

OR

OR

OR

OR

OR

OR

OR

OR

OR

OR

OR

OR

OR

OR

OR

OR

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©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
CC4276022 (0720-0A59) APP98793INTL-01 (07/20)
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 Move Assets From My Schwab Account | Page 3 of 3

Read and Sign Below:

I acknowledge and agree that I am instructing Schwab to move (or transfer) cash or securities to an account that may be registered to a different owner.
I acknowledge that Schwab will not be responsible for changes in the value of assets that may occur while assets are being transferred. I further
understand and acknowledge that: (1) there are or could be tax consequences as a result of the above instructions, (2) I have not received tax or legal
advice from Schwab, and (3) I should consult with a tax and/or legal advisor before providing cost basis lot instructions as set out above. By signing
below, I acknowledge that I have read and understand the terms of the above instructions and agree that these instructions are binding regardless of
any other agreements between me and the recipient(s) of these assets. By signing below, I agree to indemnify and hold harmless Schwab, its affiliates,
and their directors, officers, employees, attorneys, and agents from any and all claims, actions, costs, and liabilities, including attorney’s fees arising
out of or relating to: (1) their reliance on this Form, and (2) Schwab’s execution of my instructions. If this is a Custodial account and if cash is being
transferred to another Schwab account, I acknowledge and agree that the cash will be used or applied solely for the benefit of the minor.

Signature(s) and Date(s) Required

Account Holder Signature Print Name Date (mm/dd/yyyy)

PRINT

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©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
CC4276022 (0720-0A59) APP98793INTL-01 (07/20)
*APP98793INTL-01=03*
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