Royal Mail Shares

Quentin

pearl123 wrote: »

What is this about sending a cancelled cheque? Can you explain.

Part of their security/identity checks

gevans35

pearl123 wrote: »

What is this about sending a cancelled cheque? Can you explain.

To prove that the account is yours. Even though, in most cases, the money to buy the shares would have come from the same account.

mcscoty1973

Not very good if you dont have a cheque account.

I am not sure if you need to do this with X-O or not?

Pearl, your easiest option is to just get them to send you a cheque in the post.

gevans35 wrote: »

To prove that the account is yours. Even though, in most cases, the money to buy the shares would have come from the same account.

swardean

pearl123 wrote: »

What is this about sending a cancelled cheque? Can you explain.

It is just a blank cheque but put Two crossed line on the cheque & write "CANCELLED" between it.

gevans35

mcscoty1973 wrote: »

Not very good if you dont have a cheque account.

I am not sure if you need to do this with X-O or not?

Pearl, your easiest option is to just get them to send you a cheque in the post.

I asked them, you don't.

mcscoty1973

Yes just read that on their site.

You have to sent them an email requessting the funds be transferred to your bank via bacs thought, they will then transfer to the account details they have on file for your X-O account. This takes 2 to 3 days though.

gevans35 wrote: »

I asked them, you don't.

Mikey17

Just got off the phone to the wonderful Equiniti. Was told my shares held electronically, and should have definitely recieved an email by now. Same for my wife. They are sending us both letters of confirmation, which will take 2-3 days. Bit frustrated by all this, put me off for good. Will sell asap and have no dealings with Equiniti again

Froggitt

Mikey17 wrote: »

Will sell asap and have no dealings with Equiniti again

So say UK Motorways Plc is privatised thru Equinity......you are boycotting the share offer? Even if the grey market shows a 50% profit?

mcscoty1973

No, you just make sure you buy them through a broker like HL and avoid Equiniti like the plaugue.

Froggitt wrote: »

So say UK Motorways Plc is privatised thru Equinity......you are boycotting the share offer? Even if the grey market shows a 50% profit?

Vortigern

Froggitt wrote: »

So say UK Motorways Plc is privatised...

Don't go giving the government any ideas about what to sell next!