How can I ensure new floats are directed to my CHESS holdings rather than generating Issuer Sponsored Statements?
A When completing the application form for the new share offers ensure the name and address section on the form is completed exactly as per the layout on your CHESS statements. The form should also have provision for your PID (which in the case of E. L. & C. Baillieu Stockbroking Ltd is 03113) and your unique HIN which is present on your CHESS statements. Any discrepancy or mistake will result in the registry issuing you with an Issuer Sponsored Statement which will have to be delivered to E. L. & C. Baillieu Stockbroking Ltd for conversion to CHESS at a later date.
Related Questions
- How can I ensure new floats are directed to my CHESS holdings rather than generating Issuer Sponsored Statements?
- Is a Company or Registry Issued Statement, also known as an Issuer Sponsored Statement, part of my CHESS holdings?
- How do I move my securities from the CHESS Subregister to Issuer Sponsored Subregisters?
