Royal Mail Shares

swardean

When I raing on the phone and spoke to the operator, he also mentioned sending an cancelled cheque would be required to do electronic bank transfers

mcscoty1973

The question is then, can you sell now and secure the money in your online account and then go through the farce of sending in a cancelled cheque to transfer the money out.

What happens if you dont have cheque facilities on your bank, a lot of them do not offer this any more.

swardean wrote: »

When I raing on the phone and spoke to the operator, he also mentioned sending an cancelled cheque would be required to do electronic bank transfers

swardean

I am not sure if the cancelled cheque is an alternative to having your shareview activitation through the post, or whether it is needed as well:mad:

jamesdaly

Are people calling the 0845 number to sell? Or is there a cheaper alternate?

Johnny_Lee

It was too much faffin' for me. I've bailed out at £4.81 and asked for a cheque.

Stock: Royal Mail Plc Ord Shs 1p Transaction type: Sell Quantity: 227
Executed Price: GBP 4.81275
Commission: GBP 17.50
Total Consideration: GBP 1,074.99
You have chosen to be paid by cheque.

Let the annoying afternoon price surge begin!

martmonk

Johnny_Lee wrote: »

It was too much faffin' for me. I've bailed out at £4.81 and asked for a cheque.



Let the annoying afternoon price surge begin!

Doing that you would IMO have been slightly better off instructing by phone prior to 1pm and being part of the 3pm sale. This would have only incurred a £7.50 commission (or rather ever so slightly more as it's 0.75%) so the sell price would have to be down to 474 or so before the option you took was the better of the two.

mcscoty1973

Johnny.

Was this done online of via telephone?

I am not fussed about waiting for a few days to recieve a cheque in the post rather than sending in a cancelled cheque to them.

Johnny_Lee wrote: »

It was too much faffin' for me. I've bailed out at £4.81 and asked for a cheque.



Let the annoying afternoon price surge begin!

Johnny_Lee

mcscoty1973 wrote: »

Johnny.

Was this done online of via telephone?

I am not fussed about waiting for a few days to recieve a cheque in the post rather than sending in a cancelled cheque to them.

Online, as per carcuscrae's instructions.
http://forums.moneysavingexpert.com/showpost.php?p=63454379&postcount=1215

autolycus_ms

jamesdaly wrote: »

Are people calling the 0845 number to sell? Or is there a cheaper alternate?

You can skypeout the overseas number +44 1133 697 777

benjii

I've just used the method below to sell all 227 shares for 481p a share; please note:

The sell is instantaneous.

The commission is £17.50.

You have three options to sell: 1. At best (at best price) - This is what I've used :beer: 2. With limits (I think you can specify that you want to sell for example only above 490p) 3. Stop loss order (not sure what this means)

You can select if you want to be paid by cheque or bank transfer. I selected cheque.

carcuscrae wrote: »

Ok guys here is how to get to the sell screen at Equiniti

Got to

http://www.shareview.co.uk/4/Info/Portfolio/Default/en/Home/Pages/Home.aspx

Scroll down and select 'Deal with share certificates'

On the next screen click the TRADE NOW button top right

Fill in your details but select DON'T HAVE ACCOUNT and use RMG for your share code

On the next screen select Royal Mail Plc Ord Shs 1p

On the next screen select Corporate Nominee Service and enter your shareholder reference that you've received by email today.

Tick the box at the bottom of the next screen and continue

You should then be at the screen to sell your shares