Once a transfer is manually initiated, the receiving account holder must also manually accept the transfer of certificates. If the receiving Account Holder does not accept the transfer within 14 days, then the transfer will be automatically rescinded and Certificates will be returned to the transferor.
-Note: This step will not applicable to recurring/forward transfers.
How to Accept the Transfer of Certificates
If you are the recipient of the transfer, and you need to confirm a transfer – then please do the following:
Locate your Inbox, and the pending incoming transfers that you would like to confirm.
Select the boxes next to each block of Certificates
Select the “Accept Selected” option.
From here, you will be prompted to choose a destination Sub-Account for the Certificates to be deposited into. Once selected, accept the choice and complete the transfer.
At this point, email notifications will be sent to both yourself and your counterparty, and your Certificates will be moved to the Active Sub-Account you selected. You can confirm deposit by viewing all Certificates in your Active Sub-Account via the Account Activity Module, and balance in the “Active” option in this module.