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Can I deposit stock certificates I already hold into Direct Registration book-entry ownership?

April 26, 2017book-entry deposit hold ownership registration stock certificates

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Can I deposit stock certificates I already hold into Direct Registration book-entry ownership?

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Yes. You may send the stock certificates you have for First Horizon to Wells Fargo Shareowner Services and they will deposit them into your account in book-entry form. You will receive a Direct Registration Statement from Wells Fargo Shareowner Services acknowledging your DRS book-entry position once the certificates have been deposited. There is no cost to you for this custodial service and by doing so you will be relieved of the responsibility for loss or theft of your certificates. These certificates should NOT be endorsed and should be mailed to Wells Fargo Shareowner Services. We recommend sending your certificates registered mail insured for 2% of the market value. The certificates should be sent along with an instruction letter to: Wells Fargo Shareowner Services, 161 North Concord Exchange St., South St. Paul, MN 55075-1139.