How can I link my CHN and CSCS to another broker
Fokona Latest Questions
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Yes — you can link your CHN and CSCS to another broker. This is called Inter-Member Transfer (moving your shares from one broker to another without selling). Let me explain clearly and simply 👇 🔹 First — Important Things to Know Your CHN is permanent — it does not change even if you change brokers YRead more
Yes — you can link your CHN and CSCS to another broker. This is called Inter-Member Transfer (moving your shares from one broker to another without selling).
See lessLet me explain clearly and simply 👇
🔹 First — Important Things to Know
Your CHN is permanent — it does not change even if you change brokers
You can use the same CHN with multiple brokers
Your CSCS number may change per broker, but your CHN stays the same
🔹 How To Link Your CHN & CSCS To Another Broker
Follow these steps:
Step 1 — Open Account With New Broker
Open account with the new broker you want to move to
Examples:
Meristem
Meritrade
CardinalStone
ARM Securities
Stanbic IBTC Stockbrokers
Step 2 — Request “Inter-Member Transfer Form”
Ask your new broker for:
Inter-member transfer form
Authority letter
Step 3 — Fill Required Information
You will provide:
Your CHN
Your CSCS number
Current broker name
New broker name
Stocks to transfer
Step 4 — Submit Documents
Attach:
Valid ID
Passport photograph
Utility bill
CSCS statement
Step 5 — Submit To Your Old Broker
Your old broker signs and stamps the form
Step 6 — Transfer Completed
CSCS processes transfer
Shares move to new broker
Usually takes 3–7 working days �
HappyInvest
🔹 Example (Simple Illustration)
You have:
CHN with Meritrade
You want to move to:
CardinalStone
You:
Open CardinalStone account
Fill transfer form
Submit to Meritrade
CSCS moves shares to CardinalStone
Done ✅
🔹 Alternative (Better Option — Recommended)
Instead of transferring, you can simply:
👉 Give your existing CHN to the new broker
You can then:
Buy with Broker A
Buy with Broker B
All tracked under same CHN
This is easier and safer.