Online Security Guarantee
Hold Shares Electronically - Nominee
What is Nominee?
Our Nominee service is offered alongside our Trading Accounts and lets you hold shares electronically.
How does Nominee work?
You trade as normal but don't have to forward or receive certificates and transfer forms in the post.
- Secure, electronic holdings.
- No paper certificates to send and receive by post.
- Quicker trading process.
- We can use values of stock held in Nominee to calculate and offer you a Personal Trading Level.
When you sell we will deliver your holding to the market and also make sure you receive your proceeds on time. When you buy, following payment we will hold all your shares safely and securely on your behalf in electronic format.
As there are no transfer forms to complete or paper certificates to file, this reduces your paperwork considerably and speeds up the trading process to three rather than ten working days.
How much does Nominee cost?
It is free to transfer paper shares into your Nominee Account and the service is offered free on all active accounts.
There is a charge for taking stock out of Nominee of £20 per holding.
We do make an Account Management Fee of £10+VAT per quarter - not on ISA or SIPP accounts and only on accounts that have not traded or have a cash and/or stock valuation of less than £5,000. View full rates and charges.
Set up Nominee services today
New Customers
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OnlineYou can set up Nominee Services when you open a Trading or Trading Plus Account. |
Existing Cutomers
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OnlineAdd Nominee services onlineLogin and go to Account Administration/Account Upgrades. Certificated Account holders Please upgrade to a Trading or Trading Plus Account by completing and returning our Upgrade Form (pdf).   |
