DRS - Direct Registration System
The Depository Trust Company’s Direct Registration System (DRS) is a benefit to many shareholders as it enables quicker stock transfers with the added advantage of being less costly than traditional methods.
Shareholders can send their stock certificates to Castle Brick International, and we will transfer them into a book-entry format for you. By having your holdings in book form, you can eliminate the need for costly postage fees and also speed up the transfer process dramatically. Once the shares are in book form, the owner will be sent a notice, generally known as a DRS Advice. This form is the official receipt and reflects the underlying ownership of the holding.