Royal Mail Shares

mcscoty1973

Thanks Hawkeye. I will try again tomorrow then, cheers.

HawkeyeTheGnu wrote: »

McScoty...they were listed under Portfolio, no e-mail was received.

tododo

Hi all

Ive opened up an x-o account and got the Crest form ready to go

What Im looking for is some advise on how x-o works?

Can I set up a marker to sell at a certain price - will they actually sell at that price or is there some sort of delay?

What is a 3 day settlement - is that something I should know about?

Is there any charge to get the funds out of the x-o account and into my bank account - I cant seem to see anything under their charges section

Thanks for any info

mcscoty1973

I think the 3 days is the time it take for you to get the funds, but not sure to be honest.


There is a 5.95 charge for trading, I am not aware of any charges to get bacs transaction done though.


Maybe someone who has already used XO can answer, I am still waiting until my shares are registered in the nominee account.

tododo wrote: »

Hi all

Ive opened up an x-o account and got the Crest form ready to go

What Im looking for is some advise on how x-o works?

Can I set up a marker to sell at a certain price - will they actually sell at that price or is there some sort of delay?

What is a 3 day settlement - is that something I should know about?

Is there any charge to get the funds out of the x-o account and into my bank account - I cant seem to see anything under their charges section

Thanks for any info

HawkeyeTheGnu

Having traded today, I received the following email shortly thereafter...

"The funds will be sent to your nominated bank account upon settlement of your final trade, dated 25/10/13. Please note the funds will be sent via BACS transfer which takes three working days to clear into your bank account."

The 3 day settlement seems to be the minimum "delay" between actually trading and finalising the transaction.

Afraid I have no idea about setting a marker as Tododo enquired about, but I can say that there is no charge for getting your money out of x-o, just send an email requesting that moneys be paid into your bank account.

mcscoty1973

but does that mean you get the rate at the time you sold or what it is 3 days later Hawkeye?

HawkeyeTheGnu wrote: »

Having traded today, I received the following email shortly thereafter...

"The funds will be sent to your nominated bank account upon settlement of your final trade, dated 25/10/13. Please note the funds will be sent via BACS transfer which takes three working days to clear into your bank account."

The 3 day settlement seems to be the minimum "delay" between actually trading and finalising the transaction.

Afraid I have no idea about setting a marker as Tododo enquired about, but I can say that there is no charge for getting your money out of x-o, just send an email requesting that moneys be paid into your bank account.

HawkeyeTheGnu

Very definitely the rate at which you sold.

Imagine it as taking 3 days to complete the paperwork.

tododo

HawkeyeTheGnu wrote: »

Very definitely the rate at which you sold.

Imagine it as taking 3 days to complete the paperwork.

Great thanks guys - good to know

Will send the cert off once I receive a pin

HawkeyeTheGnu

Don`t bother waiting for your PIN, Tododo....send the certificate asap.

tododo

HawkeyeTheGnu wrote: »

Don`t bother waiting for your PIN, Tododo....send the certificate asap.

Ok great - thanks

Antimoron

Crikey price is 510 - bleeding Charles Stanley has transferred my cert yet!!