Outgoing Transfers from Goldman Sachs

ACAT Transfers

For accounts leaving Goldman Sachs to ACAT-eligible firms:

• The receiving firm must submit the transfer request electronically via the ACAT system
• Any ACAT-eligible transfer requests submitted via physical mail, email, or fax will be rejected
• For reference: Goldman Sachs' DTC# is 0728

Non-ACAT Transfers

Signature Requirements

Outgoing transfers have different signature requirements based on the transfer amount:

• Transfers under $100,000: Standard client signature only
• Transfers between $100,000.01 and $999,999.99: Both client signature and notarized signature (or medallion guarantee). Note that the notary seal must be in the same state as the client.
• Transfers of $1,000,000 or more: Both client signature and medallion signature guarantee stamp

Important Considerations

To ensure smooth outgoing transfers:

• Before initiating transfers: Submit a Terminate/Cease Management Service Request in GeoWealth's portal before submitting an outgoing transfer. This limits account activity (trades, dividends, interest) that would cause a transfer rejection.
• For accounts requiring a liquidation: Submit a Terminate/Liquidate Service Request in GeoWealth and ensure all trades are settled before submitting an outgoing transfer. If you do not have LPOA, you'll need a client-signed Trading Letter of Instruction.
• Signature requirements: All client signatures on transfer forms must be dated within 60 days of submission.
• Handling rejected transfers: The receiving firm must resubmit any rejected transfer requests. Goldman Sachs cannot reinitiate an outgoing transfer once rejected.
• Residual balances: Goldman Sachs automatically performs residual sweeps for full ACAT transfers only. For non-ACATs and partial ACAT transfers, you must submit a new transfer request to sweep any remaining balances.

For Financial Professional Use Only. Not for Distribution.