I've got 2 share certificates anyone know how i can cash them in and where or what bank in the merseyside area ?
2006-10-28 05:18:38 · 4 answers · asked by jm1200 1 in Business & Finance ➔ Personal Finance
Most banks will sell them for you if you have an account and rip you off with commission....
2006-10-28 10:56:31 · answer #1 · answered by Mike10613 6 · 0⤊ 0⤋
If you have share certificates, you have several options. To transfer them to a broker / Internet based account - like HSBC share portfolio. There you can sell them online at a fraction of the cost you would normally. Or take the certificates to the bank and they will sell them for you - this can take a few days as the certificates need to be verified. The cost is more selling the shares this way. My advise would be to transfer them to an online broker and have the certificates held in trust with a broker. Hope that helps
2006-10-28 12:26:18 · answer #2 · answered by Gavi Di Gavi 2 · 0⤊ 0⤋
You can transfer these to a nominee account such as that on barlcaysstockbrokers.co.uk or TD Waterhouse. The transfer of share certificates will take a few days for receipt of docs and may cost a fee (£25) with Barclays but you can then sell them on in the open market - again for a commission of £12 on Barclays and £7.50 with TD Waterhouse - and withdraw the cash.
TD has the lowest share trading commissions for the UK market
2006-10-28 12:23:25 · answer #3 · answered by Feed me 1 · 0⤊ 0⤋
if you have a bank account check with that bank.
2006-10-28 12:19:55 · answer #4 · answered by Anonymous · 0⤊ 0⤋