whats involed in buying shares in AIB or BOI?

Re: Shares in AIB

You ring a stockbroker, and place an order.

You may have to have an account with the broker first.

Or, if you have internet banking, you may be able to buy online.

I use my NIB internet banking to buy shares. Commission = 20 euro.
 
Re: Shares in AIB

AIB have a special service for AIB account holders. I think you can buy shares in your local branch
 
Re: Shares in AIB

IFT said:
lthough the commisson is not competitive its a hassle free way of investing in stocks.
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I dont agree that its hassle free. I find sharewatch not only to be cheaper but also a lot more hassle free
 
Re: Shares in AIB

stir crazy said:
I dont agree that its hassle free. I find sharewatch not only to be cheaper but also a lot more hassle free
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Interesting. How do you purchase shares in sharewatch ? i.e. do you do it on-line or by phone and how is the money transferred from your bank account to their account ?

I ask as it takes me less than a minute to purchase shares with the proceeds going directly from my current AIB on-line a/c to the stockbroker. Just curious how sharewatch competes with that service?
 
Re: Shares in AIB

IFT said:
Interesting. How do you purchase shares in sharewatch ? i.e. do you do it on-line or by phone and how is the money transferred from your bank account to their account ?

I ask as it takes me less than a minute to purchase shares with the proceeds going directly from my current AIB on-line a/c to the stockbroker. Just curious how sharewatch competes with that service?
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I have purchased and sold shares over the phone and have found it to be a pleasant and easy experience :) I dont bother doing anything online except research.
The transaction is instantaneous. After some research, I call the number and inquire as to what price they can see for it, then I am offered a price and I give my word to buy or sell at this price. I would consider overpaying for a relatively simple service from the arrogant (IMO) banks at home to be a hassle. Cant wait to see if Halifax introduces some kind of walk in share dealing service :)
 
Re: Shares in AIB

stir crazy said:
I have purchased and sold shares over the phone and have found it to be a pleasant and easy experience :) I dont bother doing anything online except research.
The transaction is instantaneous. After some research, I call the number and inquire as to what price they can see for it, then I am offered a price and I give my word to buy or sell at this price. I would consider overpaying for a relatively simple service from the arrogant (IMO) banks at home to be a hassle. Cant wait to see if Halifax introduces some kind of walk in share dealing service :)
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Ok I am not certain i would apply the term hassle to 'arrogant' banks ... but...to my original question.......after you agreed to buy or sell at a certain price how do you transfer your funds to sharewatch ?
 
Interested too -They say you dont have to set up an account but do you not have to satisfy Money laundering Requirements?
 
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