How to Transfer Stocks from UBS to Paasa

If your RSUs or ESPP shares are held with UBS Equity Plan Advisory Services, you have two ways to move value from UBS to your Paasa global investment account: transfer the vested shares themselves without selling first, or sell on UBS and transfer the cash proceeds.

Both processes run through UBS One Source rather than a fully self-serve online flow, and both eventually land in your Paasa app, ready to be reinvested across global stocks, UCITS ETFs, or managed strategies, or withdrawn to any bank account in your name.

This guide covers both paths.

Table of contents

• Transferring shares (in-kind)
  • Step 1: Call UBS to start the transfer
  • Step 2: Open the secure email from UBS
  • Step 3: Fill in your participant information
  • Step 4: Fill in the receiving account details
  • Step 5: Upload the completed form
  • Step 6: Call UBS to confirm
• Transferring sale proceeds (cash)
  • Step 1: Start a new transaction
  • Step 2: Select 'Cash Disbursements'
  • Step 3: Choose ACH as your transfer method
  • Step 4: Enter your contact details
  • Step 5: Enter your bank details
  • Step 6: Confirm and authorize
  • Step 7: Review and submit
• A note on UMB Bank and JPMorgan Chase
• About Paasa

Transferring shares from UBS to Paasa

If you'd rather move your vested shares as-is, without triggering a sale, this is an in-kind transfer.

Step 1: Call UBS to start the transfer Call UBS Equity Plan Advisory Services at 201-352-1173 and let them know you'd like to transfer your vested shares to another brokerage account. UBS will send you a secure email containing a one-time code.

Step 2: Open the secure email from UBS Open the email, enter the one-time code when prompted, and you'll be taken to the Electronic Share Transfer Request Form.

Step 3: Fill in your participant information Section 1 of the form is your own UBS account details.

• Name: Your full name as it appears on your UBS account
• UBS Financial Services Account: Your UBS account number
• Address, City, State, Zip, Country: Your address registered with UBS
• Login ID, SSN/Tax ID, Phone, Fax: Fill in if known, optional

Step 4: Fill in the receiving account details Section 2 is the details of your Paasa-linked IBKR account.

• Name of Financial Institution: Interactive Brokers LLC
• DTC Number: 0534
• Name / Phone of Financial Advisor: Leave blank
• Name(s) as Appearing on Account: Your name on your Paasa IBKR account
• Account Number: Your IBKR account number, found in the Paasa app
• Number of Shares: Number of shares you're transferring
• Participant Signature, Date: Sign and date the form

Note: UBS states it takes approximately eight business days from trade date to process an electronic transfer request.

Step 5: Upload the completed form Once both sections are filled in and the form is signed and dated, upload it through the secure link in the same email from UBS.

Step 6: Call UBS to confirm Call UBS again at 201-352-1173 to confirm they've received your uploaded form. They'll process the transfer from their end once confirmed.

What to send us next

Once your transfer is complete, send the following to support@paasa.co:

• Your account statements
• Vesting dates and details for each holding

This backfills your portfolio graph and XIRR, and lets us accurately calculate your LTCG and STCG.

Transferring sale proceeds from UBS to Paasa

If you've already sold your shares on UBS, or would rather sell first, you can move the cash directly to your Paasa-linked bank account by ACH.

Step 1: Start a new transaction From your UBS One Source home page, click 'Start or Model Transaction'.

Step 2: Select 'Cash Disbursements' Choose 'Cash Disbursements' as the transaction type, then click Submit.

Step 3: Choose ACH as your transfer method Confirm the cash amount, select 'ACH Transfer to a U.S. Financial Institution', then click Submit.

Step 4: Enter your contact details Your name, mailing address, and UBS account number are already filled in. Just add:

• Phone Number: Enter your phone number
• Email Address: Enter your email, optional
• Fax: Leave blank

Step 5: Enter your bank details Enter these exactly, they're the same for every Paasa customer except your account number.

• Bank Routing Number: 044000804
• Your Account Number: Your Paasa-linked bank account number
• Account Type: Select 'Checking'

Step 6: Confirm and authorize Tick both checkboxes, then click Submit to authorize the transfer.

Step 7: Review and submit Check the details, then click Submit to complete your transfer request.

A note on UMB Bank and JPMorgan Chase

UBS Financial Services is a wealth management firm and broker-dealer, not a retail bank, so it doesn't connect directly to the Federal Reserve's ACH network. Instead, it relies on third-party institutions to handle cash sweeps, check clearing, and ACH processing.

UMB Bank, National Association issues the routing number (044000804) and processes the checking/ACH functions on behalf of UBS and similarly structured brokerages like Morgan Stanley.

JPMorgan Chase acts as the core settlement and custody partner for UBS's broader investment platform, handling the macro-level settlement and cash-routing flows behind the scenes.

This is why your transfer routes through these institutions rather than UBS directly, it's standard practice for brokerage-held cash, not a sign of anything unusual.

Need Assistance?

If you'd like our team to walk you through either process or have any questions around tax or compliance, reach out at support@paasa.com.

About Paasa

Paasa is a global investing platform built specifically for Indian residents and returning NRIs. We provide direct access to over 10 global exchanges, including the United States, United Kingdom, Switzerland, Hong Kong, Germany, France, Canada, Netherlands, Japan, and Singapore, and support 9 global currencies.

Seamless "In-Kind" Transfers (ACATS): You can move your entire US stock portfolio (from brokers like Robinhood, Schwab, Fidelity, E*TRADE, and more) directly to Paasa. This allows you to consolidate your assets in one place without triggering a tax event.

The Compliance Advantage: Paasa provides the exact reports you need for your Indian tax returns and foreign asset disclosures, eliminating the need for manual calculations.

Estate Tax Protection: Paasa offers access to Ireland-domiciled (UCITS) ETFs, allowing you to legally shield your long-term investments from the 40% US Estate Tax that applies to non-residents.