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Holding shares without an account

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  • 06-03-2019 9:00pm
    #1
    Synode
    Closed Accounts Posts: 7,967 ✭✭✭


    Hi,

    I invested some money in Bank of Ireland shares years ago. They're currently held in a Goodbody online account. I haven't done any trading since I bought them, and am currently paying Goodbody a fee of about €75 quid per year.

    Is there a way I can hold the shares without having to pay any fees? Can I just request the share certificates be sent to me?

    Sorry for all the questions. All advice would be much appreciated. Cheers


Comments

  • Options
    #2
    drunkmonkey
    Registered Users Posts: 28,101 ✭✭✭✭drunkmonkey


    Open a Degiro account then transfer them over https://www.degiro.ie/helpcenter/faq/my-portfolio/1121


  • Options
    #3
    littlevillage
    Registered Users Posts: 2,835 ✭✭✭littlevillage


    You'll probably find that Goodbody will try to charge you a few quid to transfer the shares to Degiro.

    Davy wanted €100 per position from me to transfer my portfolio over to Degiro :(

    I didn't bother in the end...just continued to stump up the €100-ish per year account maintenance fee.


  • Options
    #4
    Synode
    Closed Accounts Posts: 7,967 ✭✭✭Synode


    Does somebody have to hold them for you? Is there no way to get share certificates and just hold them until want to sell?


  • Options
    #5
    drunkmonkey
    Registered Users Posts: 28,101 ✭✭✭✭drunkmonkey


    Have you a degiro account, handiest place to hold and sell them. I think nearly everyone here has one.
    Good week to flip them if your in the green.


  • Options
    #6
    Synode
    Closed Accounts Posts: 7,967 ✭✭✭Synode


    drunkmonkey wrote: »
    Have you a degiro account, handiest place to hold and sell them. I think nearly everyone here has one.
    Good week to flip them if your in the green.

    I don't but I'll open one if there's no other option. Why is it a good week to flip


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