Deposit/Withdrawal At Custodian (DWAC) Definition.
A deposit/withdrawal at custodian (DWAC) is a transaction that allows an investor to electronically transfer securities from one broker-dealer to another. This type of transaction is often used to move securities between accounts or to settle a trade. What type of stock is DWAC? DWAC is an acronym for Deposit with AVCS Custodian. This type … Read more