I have a paper stock certificate for the old First Union Corporation (now Wachovia). How do I go about getting the cash for this? It's only a few dozen shares and I want to get the cashish.
Now -- anyone know how FTU shares translate into Wachovia shares? ex. If I own 10 shares of FTU - how many of WB is that?
The person with definitive and correct information shall be effusively praised and will hold good kharma for several days.
Thx. DaddyLips
2007-01-26 11:27:37 · 9 answers · asked by Anonymous in Business & Finance ➔ Investing
to sell it, you will need to start an account with a brokerage service, Merril Lynch, Schwab, UBS Paine Webber, etc.
choose a broker, contact by phone or by visit, open account, tell broker what you want to do, sign back of certificate and give/mail it to broker. he will sell it and deposit funds/ less commission into your account. call office and tell them to send you a check.
edit
the answer about go to a wachovia bank and tell them is good. try that first if a branch is near you. i am not sure, but i would imagine that wachovia has brokerage service available. another thing that you can do is contact shareholder relations dept at wachovia headquarters.
OK, my mind is clear now, contact Dept of Shareholder relations a Wachovia main office. they can sell it for you. you should be getting quarterly dividend check, the phone # and address is included with check.
the certificate that you have should have been mailed in and exchanged for the new wachovia shares back when the merger happened, whenever that was. the holder of the certificate would have recieved numerous requests from FTU to do so.
**i looked it up, FTU bought Wachovia in 2001, but kept and is using the wachovia name.**
2007-01-26 11:38:47 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Apple Stock Certificate
2016-09-30 21:43:20 · answer #2 · answered by guyer 4 · 0⤊ 0⤋
Make a copy of the certificate, contact a large stock brokerage company. Send them the copy and a letter telling them all you know about the certificate.
You really need to know the name of the company today, the price of the current stock, the price of the stock you own allowing for stock split and dividends.
You can also contact the S.E.C. for the first bit of information. Please remember that the certificate may be worth more than the stocks. So even if you get 1000 shares for it at $50 per share, DO NOT TURN OVER THE CERTIFICATE. (your money can be had without the certificate) It is possible that the certificate was canceled at a previous date. In that case the certificate is a memorabilia and will carry a value.
2007-01-26 11:41:59 · answer #3 · answered by whatevit 5 · 1⤊ 0⤋
This penny stock service has years of proven experience. Ultimately it is the best service for beginners to use https://tr.im/BFKc9
You will have to wait between 3 and 10 days to get into the system in most cases. When I signed up it took 8 days. I wished it was faster, but if you can wait a week or two to start earn life changing money than you will have what it takes to make it in this business.
2016-02-16 18:08:49 · answer #4 · answered by ? 3 · 0⤊ 0⤋
Open a brokerage account at TD Ameritrade and send them the stock certificates.
2007-01-26 12:18:50 · answer #5 · answered by Anonymous · 0⤊ 1⤋
The best way is contact a stock broker at wachovia, there they can help you with your questions.. All the recored for your stock certificate can be looked up by the broker... Good Luck
2007-01-26 11:31:38 · answer #6 · answered by Rain L 5 · 1⤊ 1⤋
cash paper stock certificate: https://bitly.im/c18/how-do-i-cash-a-paper-stock-certificate
2015-05-02 02:29:56 · answer #7 · answered by Anonymous · 0⤊ 0⤋
That's a tricky question.
2016-08-23 16:19:14 · answer #8 · answered by Anonymous · 0⤊ 0⤋
This has been answered many times before
2016-07-28 07:59:29 · answer #9 · answered by Anonymous · 0⤊ 0⤋