A CommSec joint account is an account belonging to more than one person, e.g. John Smith and Anna Smith. When we receive notification that one of the account holders has passed away, we ‘lock’ the account until all relevant formal documentation is received.  

Once this documentation is received, the shares are transferred to the remaining account holder/s existing CommSec Trading Account. If there is no existing CommSec Trading Account/s, we will automatically set one up – there is no need to reapply.

The shares are no longer considered as part of a ‘deceased estate’, as they are now in an account held solely by the surviving CommSec customer/s. To then:

Sell the shares

Simply log in and place a trade.

Transfer the shares

Log in, and navigate to ‘Support’, ‘Forms & Brochures’, then ‘Australian shares’. Here, you will find all transfer options and instructions, including:

• transferring from CommSec to another broker
• transferring from another broker to CommSec
• transferring from a share registry to CommSec.

To transfer shares from CommSec to a share registry, please phone us using the below contact details.

We’re here to help

If you have any questions, please contact us on 13 15 19 or +61 2 9115 1417 if calling from outside Australia, 8am to 7pm (Sydney time). 

For more information on CommSec Estate Management, please click here.