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selling paper shares

  • 08-01-2015 8:59pm
    #1
    Registered Users, Registered Users 2 Posts: 1,598 ✭✭✭


    Hi guys used to sell shares using aib bank about once a year went in today they don't do that service any more and they never even informed me I need to sell some ASAP rang davy and good body they want to set up accounts snd do it all online dont want that any one still doing it the old way thanks


Comments

  • Registered Users, Registered Users 2 Posts: 650 ✭✭✭euroboom13


    Had the same issue.

    Was left with the only option of opening an account.

    After filling in the forms and proving identity and address(which wasn`t straight forward) ,I had to get the Certs changed to electronic versions, which took a minimum of 3 days, before I could attempt a sale .

    Have been buying across the counter for years ,was disgusted!

    I valued my shares as deeded property, now my broker holds my assets for a fee ,and I am sure they use them for their own security/(loans).
    Crazy theft of liberty but no-one seems to notice!


  • Registered Users, Registered Users 2 Posts: 45 Bizness


    kerryjack wrote: »
    Hi guys used to sell shares using aib bank about once a year went in today they don't do that service any more and they never even informed me I need to sell some ASAP rang davy and good body they want to set up accounts snd do it all online dont want that any one still doing it the old way thanks

    Campbell O'Connor in Dublin. Just do a search of them on boards under Investments and Markets forum for further info. You will still need to set up an account with them, id, proof of address so it will take a few days but they will handle the paper certs and the certs don't have to be transferred to on-line form.
    The registrars of the company whose stock you hold also sell/buy the stock for you, e.g. Capita, Computershare, Equiniti (registrars detailed on the Investors Relations tab of the web-site of the company whose stock you hold). Registrar sales a bit more expensive commission wise. The investor relations team of the company may advise you if they have any special rates for small shareholdings sales, that's if it even applies to you.
    Other options include possibly Fexco, TD Waterhouse.


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