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What does DWAC stand for?

DWAC stands for Deposit/Withdrawal At Custodian

This definition appears somewhat frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of DWAC

Other Resources:
We have 15 other meanings of DWAC in our Acronym Attic

Samples in periodicals archive:

The common stock and warrants will be distributed on the closing date through the Deposit/Withdrawal at Custodian ("DWAC") transfer procedure of The Depository Trust Company ("DTC") to the eligible claimants' brokerage accounts pursuant to the instructions provided to the Company.
Homeland Security Capital Corporation (OTCBB: HOMS), an international provider of specialized technology-based radiological, nuclear, environmental, disaster relief, electronic security solutions and real estate services to government and commercial customers, is proud to announce that the Depository Trust Company (DTC) has approved HOMS securities for Deposit/Withdrawal at Custodian (DWAC) and Fast Automated Transfer Program (FAST) transfer through the Company's transfer agent, Worldwide Stock Transfer, LLC.