Selling Australian Shares
Discussion
foliedouce said:
I hold some Aussie shares in my Commsec account. https://www.commsec.com.au
Opened it when I lived in Oz though so not sure if you can open one as a non resident, worth enquiring though.
Just had a look - fails the account opening process at address validation.....worth a try though.....it seems almost impossible to do this. Opened it when I lived in Oz though so not sure if you can open one as a non resident, worth enquiring though.
Only two options I've found are :
1) Trading Account with TD Direct, however to transfer shares into this account takes at least 6 weeks and costs £150. Timing is ok, the fee is a bit hard to swallow if I'm being honest.
2) A service in Aus called sellmyshares seem to be the best bet. However proof of ID requires a Notary ( or consulate official ). It might just be the best and quickest route.
Ta....
Slowped said:
Also, which company are the shares in? Fell free to PM me if you would prefer.
Hi - yeah I have SRN. Shares are in NAB - bought through share save scheme - don't amount to much but enough for me to be getting irritated by the fact they're "stuck" in Aus. They are currently being held by a company called Computershare. They previously allowed the sale of shares via their website for non-Aus citizens / NAB employees but this has changed since I left the organisation.
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