CREST eligible UK investments

JoeCrystal

I seen that mentioned many times and while I understood what CREST are, how do I find shares that are CREST eligible? It is just I was looking at Halifax ShareBuilder,

It says: Certified withdrawal of stock: £25 per investment: This service is only available for CREST eligible UK investments

So what does it mean, Certified withdrawal of stock?

Aegis

JoeCrystal wrote: »

I seen that mentioned many times and while I understood what CREST are, how do I find shares that are CREST eligible? It is just I was looking at Halifax ShareBuilder,

It says: Certified withdrawal of stock: £25 per investment: This service is only available for CREST eligible UK investments

So what does it mean, Certified withdrawal of stock?

I'm not a share trader, but I imagine it's what happens if you decide you want to leave the Sharebuilder service and have paper copies of the shares you've bought sent out to you.

JDinho

JoeCrystal wrote: »

I seen that mentioned many times and while I understood what CREST are, how do I find shares that are CREST eligible? It is just I was looking at Halifax ShareBuilder,

It says: Certified withdrawal of stock: £25 per investment: This service is only available for CREST eligible UK investments

So what does it mean, Certified withdrawal of stock?

CREST is the electronic share settlement system, most liquid shares & all gilts are CREST eligible.

A security in CREST is dematerialized i.e. no share certificate - best way to think about is to think of e-banking. No coins or notes just electronic sums that move about.

If you're really concerned about whether your investments are CREST eligible go onto their website and you can download a list of all securities.