Share Dealing Account

Terms and conditions changes - from 12th January 2015 there will be changes to some of our administration charges and terms and conditions.

At a glance

  • See your investment position at a glance with share transactions instantly updated to your account
  • Access your money fast – reinvest from a sale of UK equities immediately or withdraw as cash within two working days (normal bank transfer timescales apply)
  • Track your investments by reviewing your annual statement and consolidated tax voucher. You can also handle most common corporate actions easily online
  • Get company information, expert opinion and market news on our Direct Investments website, and track securities with our Watchlists tool
  • Sell your existing certificates using our online or telephone dealing service

Our share dealing service does not provide advice so if you are in any doubt about buying and selling shares, or making your own investment decisions, we recommend you seek advice from a suitably qualified Financial Adviser. Please remember the value of an investment and the income from it can go down as well as up and you may get back less than you originally invested.

About the Share Dealing Account

Our Share Dealing Account could be ideal if you want to deal day-to-day, without the hassle of paperwork. We take care of all the admin, giving you more time to research the investments that interest you.

We hold your shares electronically so you can be sure your valuable investments are secure. Sale proceeds are paid to your Lloyds Bank Direct Investments cash account so you can reinvest or transfer funds to your bank account when you want.

Share dealing expertise
We can’t give advice on specific trades, but our investment tools will help you research the investments that interest you. See for yourself how easy it is to deal online.

Whether you want to make a substantial investment or just invest a little, it’s easy to add money to your Share Dealing Account.

  • Make immediate payments with your debit card. Just go to the Fund and Withdraw section of Account Management when you log on or call us on 0845 60 60 560, 8am–9pm Monday–Friday, 9am - 1pm Saturday. If you need to call us from abroad, or prefer not to use the 0845 number, you can call us on +44 (0) 113 279 7518.
  • Make one-off bank transfers from your nominated bank account from our Payments screen
  • Arrange a monthly Direct Debit - You can also link your Direct Debit to a Regular Investment plan to build up your holdings every month.

Transfer your existing share certificates into your Share Dealing Account, sell shares easily and buy new stock up to the value of any cleared funds. You can also transfer shares you hold with other brokers.

Once you’ve opened a Share Dealing account, you will also need to download, print and complete the relevant forms and we’ll arrange everything for you.

  • You will be unable to trade any stocks being deposited into your account whilst the transfer is pending and we accept no liability for any loss of trading opportunity during the transfer
  • We strive to ensure every transfer is completed as quickly as possible however the timescale is largely dependent on your existing broker and the registrars of each stock held – the process may take several weeks to complete
  • Your existing broker may charge you a transfer fee.

Please ensure that you read any notes which may accompany the forms, then sign it and return it to the address provided on them.

Transfer existing share certificates

We’ll normally collect fees from any cash held in your account, but we’ll also ask you to set up a Direct Debit. If there's not enough money in your Lloyds Bank Share Dealing account, we can transfer money from your nominated bank account and collect any fees.

Frequent trader rates
If you deal more than 12 times in any quarter across our Share Dealing or ISA accounts, we'll reduce our commission on any further deals in that quarter.

Opening an account online is quick and easy.

  • It should take less than 10 minutes to complete the online form
  • Please note further documentation may be required to complete your application
  • We will email you to confirm when your account is opened

 

Glossary

Corporate Action

A Corporate Action refers to any alteration to a Company's share capital or a distribution of benefits. A Corporate Action might come about as a result of a takeover or merger, capital re-organisation, dividend or rights issue.

Fund

A pool of money, usually from many investors, which makes investments based on a particular set of rules and aims. For example, one fund might aim to grow fast by investing in small, high-risk companies while another might simply aim to track the performance of the FTSE 100 Index.

 

Shares

Shares represent ownership of a portion of a company. Normally shareholders are entitled to receive a company's accounts, attend its general meetings and vote on proposals.

Ways to apply

Online

Open an account and start trading within minutes. Subject to standard checks.

    On the phone

    Call us if you need help.

    0845 60 60 560

    Lines are open Mon–Fri, 8am–9:15pm, 9am-1pm Sat. If you need to call us from abroad, or prefer not to use the 0845 number, you can call us on +44 (0) 113 279 7518.

    Calls are recorded and charges may apply.