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Selling Shares.

  • 26-08-2009 4:51pm
    #1
    JONJO THE MISER
    Banned (with Prison Access) Posts: 12,333 ✭✭✭✭


    Hi guys i have a few shares to sell that i got a few years ago, my question is do I just go into a bank and ask to sell them? How much commission will they charge and how long will it take to get my cash? Which is the best Bank with the lowest commission to sell.


Comments

  • #2
    JONJO THE MISER
    Banned (with Prison Access) Posts: 12,333 ✭✭✭✭JONJO THE MISER


    I went into AIB today and they told me it was 100 euro flat fee to sell my shares:eek:, is this right? i mean my shares are only worth around 800, so im dammed if im gonna give AIB 100 of this, this sounds like a rip off to me, is there anywhere else i can sell my shares? All the other banks dont let you sell shares anymore.


  • #3
    heno55
    Registered Users, Registered Users 2 Posts: 123 ✭✭heno55


    try sharewatch afaik it is 50 euro for a one off telephone sale


  • #4
    JONJO THE MISER
    Banned (with Prison Access) Posts: 12,333 ✭✭✭✭JONJO THE MISER


    heno55 wrote: »
    try sharewatch afaik it is 50 euro for a one off telephone sale

    Oh Okay thanks, so do i Just post them my share certificate and they will sell them for me?


  • #5
    heno55
    Registered Users, Registered Users 2 Posts: 123 ✭✭heno55


    i think that is the way it works you phone them and take it from there


  • #6
    JONJO THE MISER
    Banned (with Prison Access) Posts: 12,333 ✭✭✭✭JONJO THE MISER


    heno55 wrote: »
    i think that is the way it works you phone them and take it from there

    Thanks very much, AIB bank seemed to be the only place on the main street that allowed you to sell shares all the other banks dont do it anymore.


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  • #7
    JONJO THE MISER
    Banned (with Prison Access) Posts: 12,333 ✭✭✭✭JONJO THE MISER


    Tried to ring Fexaco stock brookers 5 times on 2 diffrent days no answer and rang sharewatch as well 5 times n answer:mad: talk about service.


  • #8
    heno55
    Registered Users, Registered Users 2 Posts: 123 ✭✭heno55


    i dont know about fexco but sharewatch are based in scotland and as the london stock exchange was closed today for a public holiday i am assuming that they only had a skeleton staff on


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