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Custody account.

  • 27-10-2005 9:28pm
    #1
    mayhem#
    Registered Users, Registered Users 2 Posts: 2,051 ✭✭✭


    I have recently been offered a new job that comes with a substantial share package. I am now looking for a bank that can provide me with a custody account to hold/manage my shares.
    Not much luck so far. Can anyone recommend a bank that does provide this service?

    E.


Comments

  • #2
    RainyDay
    Closed Accounts Posts: 6,925 ✭✭✭RainyDay


    Does your employer not provide the shares through a particular broker? Where are the shares quoted - Dublin? London? New York? Are you planning on regular trading of this or other shares, or are you just looking for a buy/hold service?


  • #3
    mayhem#
    Registered Users, Registered Users 2 Posts: 2,051 ✭✭✭mayhem#


    The stock are so-called "over the counter shares" trading on the US Bulletin board. I basically only need a buy/hold service.
    Is there any point in setting up an offshore account for this?

    E.


  • #4
    RainyDay
    Closed Accounts Posts: 6,925 ✭✭✭RainyDay


    If they are US shares, you are probably as well off with a US-based account. Try eTrade - if you have more than $10k of shares, you won't get hit with any fees.


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