Transfer to us

Transfer your existing investments with another provider to Lloyds Bank

 

Why transfer to Lloyds Bank?

Starting out?

  • Choose funds picked by experts with our Ready-Made Investments or pick your own.
  • See your investments on mobile or laptop 24/7.
  • Invest regularly for less, with our commission-free service.

Experienced?

  • Control all your investments from a single place.
  • Frequent trader discounts and clear admin charges.
  • Commission free international trades online (FX rates apply).

Simple

See and manage your investments in one place.

Easy

Complete our online transfer form and we’ll do the rest.

Free

Transferring ISAs and Share Dealing accounts is free with Lloyds.

Transfer to Lloyds Bank in 3 easy steps...

Choose an account

Whatever your level of investment experience, we have options to suit. From investments managed by experts, to funds chosen by you.

See our accounts

Log on and fill in the transfer form

Once logged on, select ‘transfers’ from the right-hand menu and follow the instructions.

Complete and send

Complete the online form, or we can send a copy to you.

Already investing with Lloyds Bank?

Log on to your online account to switch your investments to us

Please remember that the value of investments and the income from them can fall as well as rise, and you may get back less than you invest. If you’re not sure about investing, seek financial advice. There will normally be a charge for this. Tax treatment depends on individual circumstances and current UK tax rules.

Let's look at the details

  • Transfers are generally made up of five steps. Complex transfers may differ, but we’ll make sure to keep you updated along the way.
    For a typical transfer in of UK shares:

    Step 1 - Logging - You make us aware that you want to transfer.

    Step 2 - Valuation - We‘ll contact your existing broker and ask about your account.

    Step 3 - Accept / confirm - Your existing broker will reply to us with an inventory of your account with them.

    Step 4 - Arrange - We check that we can accept your stock and give your existing broker the go-ahead. We then arrange with them what date your holdings will be transferred.

    Step 5 - Completion - We receive your holdings and shortly after any cash. Then we process them into your account.

  • Simple transfers usually take five weeks to complete, complex transfers may take longer. Here is a list to give you an idea of what to expect.

    UK shares - 2-3 weeks
    International shares - 6-8 weeks
    Funds - 6-8 weeks

    We care about making sure all our transfers are completed as soon as possible. We’ll regularly contact your existing broker for updates on progress.

    What you can do to help
    We work closely with other brokers to make the process as easy as possible for our customers. However, there may be times where you can help speed up the process by contacting your other broker and prompting them to respond to our requests.

  • If you want to transfer your account to another provider, you’ll need to contact your new provider to initiate the transfer.

    There are no charges to transfer your account to another provider, but any outstanding admin charges must be paid.

    If you request us to sell stock and transfer cash you’ll be charged the usual telephone dealing commission charges for the sale(s). To reduce this cost, you could place the sales online and then separately request the transfer.

    Please note: the money within an ISA only keeps its tax-free or tax-efficient status if it’s kept within an ISA at all times. If you want to transfer money between two ISAs then this needs to be completed by the two ISA Managers. If you withdraw cash from an ISA at any point, it will lose its tax-free or tax-efficient status.

  • If you’re transferring funds to us from another broker, we might hold a different fund class than the one you hold now. This means we may need to convert your fund into a class that can be transferred, which may be more expensive or could be cheaper.

    We do this to make sure your fund does not have to be sold as part of the transfer. Once the transfer is complete, we’ll make sure that you hold the cheapest fund class we have available for investment.

  • What you need to do
    Complete our certificate transfer form (PDF, 160 KB) and a Crest transfer form (PDF, 136 KB).

    Sign your completed forms and then post them to us (with your share certificates).

    The Stock Administration Department
    Lloyds Bank Share Dealing Limited
    12 Wellington Place
    Leeds
    LS1 4AP
     

    • We can only transfer stock where the name on the certificate matches the name on the account.
    • We also recommend that you send your certificate by recorded delivery as we accept no responsibility for the loss of any certificates.

    Once your transfer is complete, you’ll be able to see your investments online straight away. We’ll also send you a letter to let you know.

    How long does it take? 
    Once we’ve received your certificate(s) they will be deposited into your account within 5 working days.

    Irish Certificates
    Please note that we are unable to accept Irish certificates. For further assistance, please contact the company Registrar directly.

Important legal information

The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Important share dealing information