AIB Share trading

OU812

I've just noticed this in my AIB online banking. In conjunction with Goodbody.

Now I'm guessing the cost isn't the best (pricing below), but I'm wondering about using it to keep an eye on the two stocks I do own (both massively under performing, would cost more to trade them than their worth).

The reason I'm considering it is that I'm normally in online banking at least once a day so could check on it.

Does anyone have any suggestions for alternatives, preferably a free account where I could "lodge" the two I currently have ?

Pricing
Commission Rates
Trades up to EUR 25,000 charged at 1.25%
Balance exceeding EUR 25,000 charged at 0.50%
Minimum Commission Per Trade Cost EUR 32.00

Standard Additional Charges
Stamp duty is chargeable on the purchase of Irish and UK shares.
The rates are:
Irish Shares : 1.0%
UK Shares : 0.5%
There is no stamp duty payable on the purchase of shares from most other countries. The sale of shares does not incur stamp duty.

Any currency exchange deals that we conduct on behalf of our clients may include a spread to cover the risk for Goodbody Stockbrokers.


PTM Levy
Transactions in securities of companies incorporated in the United Kingdom, the Channel Islands or the Isle of Man, which exceed £10,000stg or equivalent in any other currency, attract a levy of £1.00(stg) payable to the UK Panel on Takeovers and Mergers.


ITP Levy
A flat-rate levy of EUR 1.25 is in respect of dealings in quoted securities of relevant companies is payable to the Irish Takeover Panel where the transaction consideration exceeds EUR 12,500.00.


US Charges
A charge of EUR19.05 is included on all US purchases and sales. This charge is to cover the cost of holding and transaction fees passed onto Goodbody Stockbrokers by our Custodian Agents in the US.

US transactions may also attract other minimal US Stock Exchange and Broker charges which are included in the price.

European Charges
A charge of EUR 19.05 is included on all European purchases and sales. This charge is to cover the cost of holding and transaction fees passed onto Goodbody Stockbrokers by our Custodian Agents.


Ancillary Charges
EUR 26.00 annual account maintenance charge.
EUR 13.00 fee to transfer shares out (charge per certificate ). Minimum EUR 40.00. There is no charge for transferring stocks in.
Other third party charges may apply.

lucky john

OU812 wrote: »

I've just noticed this in my AIB online banking. In conjunction with Goodbody.

Now I'm guessing the cost isn't the best (pricing below), but I'm wondering about using it to keep an eye on the two stocks I do own (both massively under performing, would cost more to trade them than their worth).

The reason I'm considering it is that I'm normally in online banking at least once a day so could check on it.

Does anyone have any suggestions for alternatives, preferably a free account where I could "lodge" the two I currently have ?

Pricing
Commission Rates
Trades up to EUR 25,000 charged at 1.25%
Balance exceeding EUR 25,000 charged at 0.50%
Minimum Commission Per Trade Cost EUR 32.00

Standard Additional Charges
Stamp duty is chargeable on the purchase of Irish and UK shares.
The rates are:
Irish Shares : 1.0%
UK Shares : 0.5%
There is no stamp duty payable on the purchase of shares from most other countries. The sale of shares does not incur stamp duty.

Any currency exchange deals that we conduct on behalf of our clients may include a spread to cover the risk for Goodbody Stockbrokers.


PTM Levy
Transactions in securities of companies incorporated in the United Kingdom, the Channel Islands or the Isle of Man, which exceed £10,000stg or equivalent in any other currency, attract a levy of £1.00(stg) payable to the UK Panel on Takeovers and Mergers.


ITP Levy
A flat-rate levy of EUR 1.25 is in respect of dealings in quoted securities of relevant companies is payable to the Irish Takeover Panel where the transaction consideration exceeds EUR 12,500.00.


US Charges
A charge of EUR19.05 is included on all US purchases and sales. This charge is to cover the cost of holding and transaction fees passed onto Goodbody Stockbrokers by our Custodian Agents in the US.

US transactions may also attract other minimal US Stock Exchange and Broker charges which are included in the price.

European Charges
A charge of EUR 19.05 is included on all European purchases and sales. This charge is to cover the cost of holding and transaction fees passed onto Goodbody Stockbrokers by our Custodian Agents.


Ancillary Charges
EUR 26.00 annual account maintenance charge.
EUR 13.00 fee to transfer shares out (charge per certificate ). Minimum EUR 40.00. There is no charge for transferring stocks in.
Other third party charges may apply.

If you don't intended to use it for trades I can't see the advantage in opening an account and paying 26euro/annum to view info thats free all over the place.

Lord TSC

I'm in the process of trying to sign up, though they have ignored my last email which is annoying me. Same as you, I noticed on the online banking it was there. Currently have two small-value shares that I can see me cashing out in the next few months, so wanted to be ready.

Strikes me in terms of charges and the likes, they don't seem too bad. No inactivity fees I can see, and only one annual fee. 32€ a trade seems to be standard for Irish stock brokers.