Substitute Form W-8BEN (PDF)
A Form W-8BEN is to be completed by account holders that are non U.S. citizens and non-resident aliens. Failure to submit this form will result in maximum IRS-mandated tax withholding. Please note: A new Form W-8BEN must be completed every three calendar years and each time you change your address. If you provide a Form W-8BEN and you have a U.S. address/indicia, you will also need to complete the below Letter of Explanation (LOE)
W-8BEN Letter of Explanation (PDF)
Substitute Form W-9 (PDF)
A form W-9 is generally completed by account holders that are U.S. citizens, including resident aliens. Failure to submit this form will result in maximum IRS - mandated tax withholding.
Letter of Authorization to Transfer Assets by Wire (USD) to a U.S. Bank/Financial Institution (PDF, MS Word)
This form authorizes Morgan Stanley to transfer U.S. dollars generated from the exercise and sell of your stock options in your stock plan account to another account or financial institution in the form of a wire transfer as specified by you. This is a standing instruction that does not expire. These instructions will remain in place until modified or restricted by you. The funds will not be wired automatically unless instructed at the time of the trade. This form is not valid for transfer of funds other than U.S. dollars resulting from proceeds converted by Worldlink.
IMPORTANT: Please note that this form is ONLY to be used for transfer from stock plan accounts, transfers from a Morgan Stanley Access Direct account require a different form. CRC 3380245 (12/2020)
Letter of Authorization to Transfer Assets by Wire (USD) to a Non-U.S. Bank/Financial Institution (PDF, MS Word)
Letter of Authorization to Transfer Assets (Securities)
- Requesting delivery to a US/Canada Bank (PDF, MS Word)
- Requesting delivery to a Non-US/Non-Canada Bank(PDF, MS Word)
If you wish to transfer your securities, complete one of the following letters of authorization to Transfer Assets (Securities). By completing this form, you are authorizing Morgan Stanley to transfer (DTC) assets from your stock plan account to another Morgan Stanley account specified by you or to another financial institution.
Please Note: Once you finish updating your title on file, you will also need to re-certify your tax status by completing a new W-8BEN or W-9 that includes your new title. Please see the Tax Certification section of this web page.
A paper form is ONLY required for joint accounts. If you have a joint account, please complete the form and fax to the number listed on the form. Single account holders may contact our Service Center at the telephone number located on your statements.
Please Note: Once you finish updating your address on file, you will also need to re-certify your tax status by completing a new W-8BEN or W-9 that includes your new address. Please see the Tax Certification section of this web page.
Letter of Authorization to Convert and Transfer Funds (PDF)
This form is used to allow participants to receive proceeds in currencies other than US Dollars after the sale of stock. WorldLink provides exchange rates and distributes the proceeds to the participants in the form of a currency check or currency wire. Currency conversion wires are allowed for ONLY certain non-US corporate clients. To receive a currency conversion wire, Morgan Stanley must offer the desired local currency. Your company plan must offer currency conversion, and a Form W-8BEN must be on file and approved at time of trade. Please ensure the WorldLink Wire Form is completely filled out. Missing information will cancel out the currency conversion wire, and a US Dollar check will be mailed to the address of record instead. You should check with a Morgan Stanley Service Professional to verify if your company offers this method and the desired currency before submitting this form.
The Direct Registration System (DRS) is a free alternative to stock certificates that registers your shares directly on the books of the company transfer agent without the need for a physical certificate to prove ownership. You do not receive a physical certificate, but instead receive a statement of ownership and periodic account statements (at least yearly). Dividend or interest payments, proxy materials, annual reports, and other pertinent materials are mailed to you from the issuer or transfer agent. Please ensure the DRS Transfer Form is completely filled out. Missing information will delay processing the DRS transfer. You should check with a Morgan Stanley Service Professional to verify if your company offers this method and the desired currency before submitting this form.
NOTE: Transfers through the Automated Customer Account Transfer Service (ACATs) are not available.