What Is a HIN? Understanding CHESS-Sponsored Shares

A Holder Identification Number, or HIN, identifies shares held through a CHESS sponsor such as a stockbroker. If you use an online broking account, your Australian listed shares may be recorded under a HIN rather than separate SRNs.

What does HIN mean?

HIN stands for Holder Identification Number. It is allocated to a holder on the CHESS subregister. Unlike an SRN, which generally relates to one issuer-sponsored holding, one HIN can hold securities from multiple ASX-listed companies under the same registered ownership details.

How do I recognise a HIN?

A HIN commonly begins with the letter X, followed by numbers and appears on CHESS holding statements and within your broker account. Because it identifies an entire sponsored portfolio, it should be kept private and only supplied through secure, legitimate channels.

Who controls shares held under a HIN?

You remain the registered holder, while your broker acts as your CHESS sponsor and administers instructions affecting the holding. Transfers from a HIN usually need to be initiated or approved through the sponsoring broker.

Can I transfer only one company from my HIN?

Generally, a HIN can contain multiple securities and an instruction can relate to a particular holding rather than the entire account. The broker will confirm its forms, identity checks, fees and any restrictions.

What does this mean for donating shares?

Where shares are CHESS sponsored, the donation pathway may involve the broker rather than the issuer's registry. Donate Your Shares Australia can help identify the appropriate process and required documents for eligible donations.

Ready to take the next step?

Not sure whether your shares are under a HIN or SRN? Send us the non-sensitive details of the holding and we can help identify the likely pathway.

General Information Disclaimer

This article contains general information only and does not constitute financial, legal or tax advice. Requirements vary between holdings, brokers, registries and personal circumstances. Consider obtaining advice from an appropriately qualified professional.