Jump to content

DRP and share transfer


Recommended Posts

Hi everyone,

 

As DRP is not part of the service offered by IG, it's actually more expensive when dividends are paid out and not reinvested. Therefore, I'd like to be able to transfer my shares to another provider. I've looked for the SRN, but does not seem available. Is it possible to transfer shares out of IG?

 

Thanks!

Link to post

Hi 

 

I apologise that the feature you require is not available on the IG share dealing platform. We have been looking at various enhancements to complete our offering dividend with reinvestment being one of them. 

 

I appreciate that you would like to transfer your holdings away from IG, whilst I can say we are looking at introducing these new features I am not able to provide a time frame for when they will be implemented. 

 

If you wish to proceed with the transfer we can action that free of charge and you will be able to close the account without any closure fees. In order to initiate the transfer you will need to complete a stock transfer form with the broker you are transferring your holdings to, that way we can be in direct contact and provide all the relevant information.

 

Thanks,

Chris

  • Thought provoking 1
Link to post
  • 5 months later...
  • 7 months later...
On 08/08/2017 at 21:57, Lloydking said:

Hi everyone,

 

As DRP is not part of the service offered by IG, it's actually more expensive when dividends are paid out and not reinvested. Therefore, I'd like to be able to transfer my shares to another provider. I've looked for the SRN, but does not seem available. Is it possible to transfer shares out of IG?

 

Thanks!

How come it is more expensive? Would you please elaborate on that?

  • Sad 1
Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • General Statistics

    • Total Topics
      13,747
    • Total Posts
      68,534
    • Total Members
      57,396
    • Most Online
      5,137
      14/01/21 09:51

    Newest Member
    CannyKen
    Joined 24/01/21 09:27
  • Posts

    • Take 10 minutes to read what actual 'experts' are saying about this latest Ferguson Fiasco and how the testing is currently being done.   ...on the oFPR, I commend to you that you disregard the daily “X thousands of new infections yesterday” headlines. These reports are just not true. These statements assume (if they’ve thought about it at all) that the oFPR is zero, which it certainly isn’t. That value could...    Thread by @MichaelYeadon3 on Thread Reader App – Thread Reader App
    • Speaking of depressingly low 'levels of intelligence' the UK govt and SAGE sink to new depths. The govt now desperately trying to back track out of outright propaganda lies.     Reaction  @reactionlife Breaking: 30 per cent more lethal claim rests on “fragile and uncertain evidence”, says NERVTAG member. "NERVTAG has expressed limited confidence in this figure, which should not be the basis for public alarm." - Reported by @alastair_benn: 30 per cent more lethal claim rests on "fragile and uncertain evidence", says NERVTAG member - Reaction  
×
×
  • Create New...