An upliftment process is a conversion of your electronic shares into a stock certificate. This would mean that your stock investment will no longer reflect in your COL Financial account but rather in a stock certificate for your safe keeping.
To request for withdrawal (or upliftment) of your stock certificates, please fill out the Securities Instruction Form, Signature Card and attach two (2) valid government issued IDs. Submit the originally signed forms to COL's Business Center at 24th Floor, East Tower, Tektite Towers, Exchange Road, Ortigas Center, Pasig City, Philippines 1605
The upliftment process can take up to 1 to 3 months to generate the certificate.
When withdrawing your stocks from your COL Financial account, here is what you need to do:
STEPS | ACTION | DETAIL |
---|---|---|
1 | Print, fill out and sign the Securities Instruction Form | Affix a wet ink signature on the form |
2 | Print, fill out and sign Signature Card(s) | One (1) Signature card per stock, regardless of number of shares |
3 | Attach a copy of two (2) valid government issued IDs | Picture and signature should be clear. |
* | Sometimes personal appearance may be requested by the transfer office | The transfer office will notify us of their need for personal appearance |
* | A processing fee will be charged: P150 if the transfer agent is a bank P162 if the transfer agent is a non-bank (This is per certificate) | This can be charged to your COLFinancial account provided it has enough available cash balance |