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Home Run

01/31/22 1:42 PM

#8883 RE: Home Run #8882

What does DWAC stand for?
Deposit/withdrawal at custodian
Deposit/withdrawal at custodian (DWAC) is a method of electronically transferring new shares or paper share certificates to and from the Depository Trust Company (DTC) using a Fast Automated Securities Transfer (FAST) service transfer agent as the distribution point.