Cancelling my ISA and it costing me more than the £ in there!
edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
4 replies 893 views
Having joined Charles Schwab a fair few years ago my share based ISA is worth very little so i figured i would close it and hold the paper shares certificates (just in case of a miracle). I called Barclays who took over Charles Schwab and now manage the ISA. I was told that closing the ISA would cost me £25, and each stock would cost £15 (i have 2 stocks) =£55. This is more than my total stock value. What can i do? Is there anyway i can get my shares out without losing money and the shares?
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