Calling all traders

Banned 8 replies
Found 15th Jun 2009
Should have asked first but if the bank that I deal with for my shares goes bust do I lose my investment? You have to pay for a certificate, with the amount I've invested it's not worth doing but what other way is there to make sure I get my money back?

btw dealing with Halifax

  1. Misc
  2. Halifax

Have you asked Halifax?

Original Poster Banned


Have you asked Halifax?

I've run out of credit on skype

and no Lloyds TSB and Halifax do not have an email service :x ignorant gits ohh hang on they've made it as difficult as possible but found the option

"If you're registered for our online service and you need help you can email us. We've recently added a new Online Help section that aims to answer your questions on-site. Clicking 'Help' from the top right hand corner of the online service will open 'Online banking help'.

You can then use the search tool to find an answer to your question. For further help, you'll see an option to "Email our Online Support team". Someone from that team will then email you back with an answer to your query."

Search "*******************" why not just put it with the rest of your freaking contact us information, jerks!

nope scrub that it's just sending me round in circles

Ask about Financial Compensation Scheme thru the FSA.

Original Poster Banned

Okay managed to find the damn thing asked

"If you go bust do I lose my investment as I have no proof that I invested through you...prefer if you replied via email as I've just finished nights thanks"

see what they say

Original Poster Banned

btw Saint this is why I asked on here

"A member of our Customer Relations Team will contact you in 2 business days with a response"

Don't you get a statement once a year or something??

]Financial Compensation Scheme

The Financial Services Compensation Scheme (FSCS) is the UK's statutory fund of last resort for customers of authorised financial services firms. This means that FSCS can pay compensation if a firm is unable, or likely to be unable, to pay claims against it. FSCS is an independent body, set up under the Financial Services and Markets Act 2000 (FSMA). Our service is free to consumers.

Original Poster Banned

"As a subsidiary of Lloyds Banking Group we are a part of the UK's biggest savings and mortgage provider which has a strong capital base and as such you can be confident that you are dealing with a sound business.

The stock you hold with Halifax Share Dealing is held in a nominee company which ensures that it is appropriately segregated from the assets of the company. This means that your assets will at all times be clearly identifiable as belonging to a customer and not HSDL. Similarly, cash is held in separate client bank accounts and is segregated from HSDL's assets.

In the unlikely event that these segregated assets were unavailable for distribution and HSDL were unable to meet claims made against it, all eligible customers would be able to make a claim on the Financial Services Compensation Scheme (FSCS). This scheme provides compensation of up to 100% of the first £30,000 and 90% of the next £20,000, to a maximum of £48,000.

HSDL is a participant in the FSCS in its own right. This means that any claim involving HSDL would not, in any way, affect your ability to make separate claims against the scheme in relation to other regulated entities, including other Lloyds Banking Group companies.
You have proof of your holding as the shares are held in a nominated account. You will receive contract notes or you can print these off on line after you have traded. These can be located under my statements then dealing history. You will also receive statements postal or you can again print these off from my statements.
I hope that I have been able to help you with your enquiry, however should you require further information please do not hesitate to call us on 08457 22 55 25, or e-mail me at any time."
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