To deliver securities to the New York State Comptroller’s Office of Unclaimed Funds (OUF), follow the steps below and use one of the approved delivery methods.

Before delivering securities to OUF

• Prepare a list in an MS Excel format describing the securities that you intend to deliver, including:
  • Security description
  • CUSIP number
  • ISIN (Only for foreign transactions)
  • Number of shares
  • Delivering party’s Depository Trust Company (DTC) participant number
  • Preferred delivery method
• Email your list to OUF’s custodian, Avenu Insights and Analytics, at [email protected] and email a copy to OUF at [email protected].
• Receive our delivery authorization within four business days of receiving your email. We will tell you to either deliver as requested or provide alternate instructions. Do not deliver securities without authorization.

After delivering the securities, depending on the type of security and how it’s delivered, retain evidence of the transfer into OUF’s custody, to be provided to OUF upon request. Keep the evidence of transfer with the report records, for the duration of the record retention period. An owner claim may not be paid until you provide this evidence.

Approved Delivery Methods

Book Entry Eligible Shares

Deliver through DTC, DRS, or DWAC (if not DTC participant) as follows:

Dividend Reinvestments Plans (DRP) & Closed-End Funds

Close the accounts and forward whole shares via DTC (see Book Entry instructions above). Fractional shares must be sold at the owner level and the proceeds applied to each individual owner.

Federal Reserve Securities

Deliver Federal Reserve securities to:
Federal Reserve Bank of New York
ABA#0210-0001-8
Bk of NYC/CUST
Account # 114429
Account Name: State of New York, OUF

Foreign Securities

Email your list of foreign securities that need to be delivered to OUF’s custodian, Avenu Insights and Analytics, at [email protected] and copy OUF at [email protected].

We’ll reply to your email with an authorization to deliver as requested or provide alternate instructions.

Open-end Mutual Funds

Open-end mutual fund accounts held for OUF must be opened in advance by Avenu Insights and Analytics. Email [email protected] to obtain account numbers prior to attempting delivery.

Send interested party statements for open-end mutual fund accounts to:

Avenu Insights and Analytics
Custody Department
100 Hancock Street, 10th Floor
Quincy, MA  02171

A statement showing the State of New York, OUF as the owner of the shares must be available to OUF on request when needed to prove receipt or pay a claim.  See the Handbook for Reporting Organizations for more guidelines.

Physical Certificates

Advance approval is required to deliver physical certificates. Certificates will be returned to the sender if they are DTC, DWAC, or DRS eligible. If physical certificates are returned, penalties may be assessed until the securities are properly delivered.

Email your list of securities that need to be delivered in certificate form to OUF’s custodian, Avenu Insights and Analytics, at [email protected] and copy OUF at [email protected].

We’ll reply to your email with an authorization to deliver as requested or provide alternate instructions.

Account Registration

Advance approval is required to deliver securities to an account. If securities are not delivered as instructed, penalties may be assessed until the securities are properly delivered.

Email your list of securities that need to be delivered to an account to OUF at [email protected].

We’ll reply to your email with an authorization to deliver as requested or provide alternate instructions.

A statement showing the State of New York, OUF as the owner of the shares must be retained for the duration of the retention period, and be provided to OUF on request. Reversals of shares and cash by reporting organizations are not authorized without written approval from the Securities Management Unit.

See the Handbook for Reporting Organizations for more guidelines.