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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?

To: Howard Glynn who wrote (10450)	11/26/1998 10:51:00 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 16892

Howard, Here's my question... I originally opened a joint account with my Dad (Community type) but now we have two individual accounts. We want to transfer all the stock from the community to one of the individual a/c's. Datek are saying they want a 'notarized' account transfer form since the names differ. Customer support, to their credit, have replied a couple of times to my question but I am still unclear what this is due to lack of understanding of US formalities. You need a raised seal from an attorney? Here's the problem - we are both in the UK, do you think a UK notarized form would be acceptable and meet Dateks regulatory requirements? If not, how can we get a notarized form from a notary public in the US if we are not present (I do go on business to the US a lot so I can get to an NP, just not both of us at the one time...) - thanks for any advice.. I am a foreigner, too and I'm going on with my process to open an account at Wit Capital (I have two others, one is Datek presently where I never ever had to sent any documents). Now, Wit Capital accepts "nonresident aliens" like you and I are. This is important as others, like DLJ do not actually. But there was no online apply for foreigners possible, but merely it was necessary: -to print forms, -sign them, have them notarized by a domestic notar -sent via snailmail therafter. The Notar I visited said that, once notarized, ie very traditionally enveloped in a paperback, with a red letter seal on it, the usual process is that this document is to be "nostrificated" in the U.S, like a testate or diploma from college is also, if not accepted as laid down in bilateral arrangements between 2 countries (for Austria there are few arrangements with non-EC countries). The "nostrification" is to be done with a notary in the US as well incurring fees again there. But I have no idea what it costs. In Austria, the notate fees are scheduled and have been some 1000 ATS which is L50. C.