... Barclays Stockbrokers.
If you buy shares on the stock market and do so with the intention of receiving a certificate for the purchase then you should be aware that it not produced by the stockbroker who is in the same position as the purchaser - awaiting delivery from the registrar after ... Read review
...to diver233 of 25-08-00 re. Barclays Stockbrokers.
If you buy shares on the stock market and do so with the intention of receiving a certificate for the purchase then you should be aware that it not produced by the stockbroker who is in the same position as the purchaser - awaiting delivery from the registrar after the transfer relating to the purchase has been registered.
If the purchase relates to a company registered ... ...certificate would take even longer and no matter how many times the broker approaches the registrar, it will not speed up the process.
The transfer goes through many stages before a certificate is produced and although as a shareholder you have the right to expect quick delivery, it is not always possible.
... more
In reply to diver233 of 25-08-00 re. Barclays Stockbrokers.
If you buy shares on the stock market and do so with the intention of receiving a certificate for the purchase then you should be aware that it not produced by the stockbroker who is in the same position as the purchaser - awaiting delivery from the registrar after the transfer relating to the purchase has been registered.
If the purchase relates to a company registered in Ireland it is possible that the issue of the certificate would take even longer and no matter how many times the broker approaches the registrar, it will not speed up the process.
The transfer goes through many stages before a certificate is produced and although as a shareholder you have the right to expect quick delivery, it is not always possible.
Advantages: cheep Disadvantages: not willing to help customers if they have problems
...years and have always used Barclays paper shares system with only a few minor problems. on the 19/08/00 I applied to have my portfolio on line with Barclay. I sent all my certs off & signed all the forms.after a few weeks about half my shares were online but some were not I phoned there help desk and was told that because it was an irish company it would take 2 weeks longer. I waited 2 weeks & phoned again and was told the same thing that it would ... ...said that it was not Barclays fault & I would just have to wait. I said how long he said he did not know. I the asked if he could chase it up hes said he could not & i would have to wait. end of conversation. I have now written to them complaining & will post again with the reply. ...
diver233 25.08.2000
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Ciao members have rated this review on average: very helpful Review of Barclays Stockbrokers
Advantages: Ease to Use , Cheap , Cash timing advantage Disadvantages: Potential security issue , Only 3 trades in 5 Minutes
...with the Share certificates with Barclays and they offer an exceptionally easy service and you do not have to pay any money out for at least two weeks.The problem I have come across is if you buy a new PC , you actually need to take a copy of your digital certificate which Barclays use to verify you are who you say you are.If you have not like I did you need to re-register and they cancel your old account.Obviously if you sold your PC and did action ...
Foodlover5 02.10.2000
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Ciao members have rated this review on average: very helpful Review of Barclays Stockbrokers
Advantages: Barclays used to have a good name Disadvantages: Systems and "human error" problems. Selftrade B+ Barclays Stockbrokers E-
...plan. On 24th September Barclays stockbrokers, following my enquiry, offered me Leeds Building Society 13.375% bonds at £1.30. I bought them . The dealer said: “I confirm the deal has gone through. You have purchased 22,000 at £28,675 – a price of £1.30” (1) 26 October I queried non delivery and their spokesman said: “I am not disputing that you were told the deal had gone through”(2) Barclays continued to say they hadn’t sold the bonds to me because ... ...On 9 November Barclays wrote:: “Where we are clearly at fault is in telling you that the trade had been executed when it was not” (3) On 12 November another spokesman told me Barclays would not put the matter right.(4) In summary, I am expected to suffer the loss caused by their “human error”: They offered me bonds – I agreed to buy them – they confirmed they had sold them to me – they cancelled the transaction internally but made no attempt to tell ...
luckyguys 21.11.2009
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Ciao members have rated this review on average: helpful Review of Barclays Stockbrokers
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Quick review of Barclays Stockbrokers
As a Barclays stocbroker customer of 8 years duration I have noticed customer service quality has plummeted and have recently moved my accounts elsewhere. The Service center has become almost customer hostile, non-responsive, intransigent and bureaucratic. If you fail to respond to a particular notice or requirement for some signature or paper work in a limited time eg because you are on holiday or travelling, woe betide you since you are likely to find your accounts frozen and non-tradeable. Go elsewhere! ...
harptree 17.01.2008 (16.01.2008)
Ciao members have rated this review on average: helpful Review of Barclays Stockbrokers
Advantages: Well known name Disadvantages: Very, very expensive
Barclays stockbrokers administer the Marconi (formerly GEC) PEP.
The 2003 admin charges have increased 50% (after previous increases) and additionally there are charges for closure @ £25 and Crest charges of £15 plus pro-rata admin fees, all plus VAT.
In my case the closure fees amount to more than the value of the stock!
I tried to obtain details of my portfolio on line but my registration was repeatedly rejected and then I was told I was not ... ...also have accounts, Barclays comes at the bottom of the list.
One further irritation, the only telephone number available is an 0845 number. This actually costs me more as I am a fixed monthly tarrif with my phone company - other than premium numbers which are charged extra. Not customer friendly. ...
charlesh 04.04.2003
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Advantages: Fast purchase of shares Disadvantages: None so far
BarclaysStockbrokers are one of the leading stockbrokers in the UK.
Throught their web page you can register fast as a new customer or by dailing their customer service number. They have a reasonable fee when you purchase stock from them. Barclays is a big organasation that you can't go wrong. I have been dealing with Barclaysstockbrokers for over 3 years and I have never had any problems. I would recommend on opening an account with BarclaysStockbrokers for dealing with any shares that exists on the market. Also many people that I know have switched to Barclaysstockbrokers for better reliability of service that they provide.
Check out their well designed web site and judge yourself about their quality of service that they provide. ...
Advantages: none Disadvantages: don't send account balance when you close a/c
I closed my MarketMaster account on 19 July 2004.
Despite repeated requests for the account balance to be transferred to my bank account Barclays have failed to do so and cannot even say when they will.
Even when I send them a recorded delivery letter and I phoned to check they received it, their reply was "well, ask the post office - they'll tell you whether we've received it"!!!!!!!!
And you want to make a complaint? Oh, there's no complaints department at BarclaysStockbrokers. Complaints procedure? "Oh, I'll treat this as a complaint then" - well, thanks alot, and what next? You ask to speak to a manager - none of them available. Do they ever phone you? Two phone calls from them versus at least 15 from me to them.
I still don' know when I can expect to receive the funds. Interest, for the time they've had my money? No ...
Advantages: Pauline and her Barclayettes! Disadvantages: Dividends can't buy me love!
ORIGINALLY WRITTEN May 2001
At school I received very little education about personal finance. A few maths lessons covered the calculation of simple and compound interest from the principal or lump sum and APR etc. This really did not stand me in good stead to cope with finances in adult life.
During the mid 1980s I mainly put money in safe building society deposit accounts. A few family friends dealt in shares. But I could not get my head around the volatility of shares.
In 1996 a library book entitled 'The Which Guide to Investing' really enthralled me. I learned about the mechanics of stocks and shares.
SHARE DEALING
I then decided to dabble in shares. The only stockbroker accessible to amateur investors in those days was BarclaysStockbrokers.
The registration process was quite simple. The application form required ...
