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How to do one-off sale of Australian shares?
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metahome
Posts: 4 Newbie

I am executor of a relative's will and there is a small amount of Australian shares (less than A$ 10,000) owned by the deceased. (Shares in AMP, held by Computershare Australia)
I need to sell these shares and distribute the money.
I've tried Computershare Australia, but they say I must use a broker.
I've tried an Australian broker but they say they can only trade for an Australian citizen.
I've tried Computershare UK who have a deceased share selling service, but they say they cannot sell Australian shares.
I am really at a loss - can anyone advise how I can do a one-off sale of these shares (I don't need or want to setup a trading account).
Thanks.
I need to sell these shares and distribute the money.
I've tried Computershare Australia, but they say I must use a broker.
I've tried an Australian broker but they say they can only trade for an Australian citizen.
I've tried Computershare UK who have a deceased share selling service, but they say they cannot sell Australian shares.
I am really at a loss - can anyone advise how I can do a one-off sale of these shares (I don't need or want to setup a trading account).
Thanks.
0
Comments
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We live in UK. Partner's mother had ANZ shares which were listed only in Australia. Many Australian stockbrokers had impossible ID verifying requirements. But Hartleys.com in Australia were helpful, and only required copy passport certified by a UK building society officer (ie a full-time counter clerk with over 4 year's service). Hartleys then sold the shares, deducted 1% commission, and remitted the remainder to her UK bank in Aus dollars, which her UK bank converted to sterling.
A slog but she got there.
Dales.0
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