Paper share certificates


(Serkan Gunes) #1

Hi All,

Is there a way to transfer existing paper certificates to Freetrade?

Kind regards,


(Emma) #2

You can’t transfer in at the moment, it was on the roadmap so should be available in the future.

Do paper shares have a Crest number?


(Alex Sherwood) #3

Thanks for letting us know that you’d like to have this option. It’d be great to hear a little bit more about what you’d use the certificates for once they were transferred?


#4

Presumably to dematerialise the certificates into your Nominee Account and then reflect them on client accounts as holdings.

Most UK stockbrokers allow transfer in of paper or electronic holdings :clap:


(Gordon Laidlaw) #5

I’d also like to transfer (dematerialise) certificate shares into my freetrade account . They seem to be a very slow and expensive way to hold shares. Is this feature along way off? would it be better to start the process of changing from Certificate to electronic then sell and buy again inside freetrade.


(Alex Sherwood) #6

Yes that would be quicker, transfers aren’t on our roadmap yet.