Sharedealing

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Temporary changes to our sharedealing service

Due to the impact coronavirus is having on our call centres, we’ve temporarily reduced our opening hours. Lines are now open from 07:30 to 17:00 Monday to Friday, excluding bank holidays. 

We’re also withdrawing some of our services until our call centres staff levels return to normal. We’re sorry for this disruption to your service and any inconvenience it causes.

Here’s a list of the affected services, and what this means for you:

Fixed price quotes. If you’re shown a ‘fixed price quote’ when placing a buy or sell order, please check your order status after submitting. If there is volatility in the market, the fixed price quote may be rejected in which case you’ll need to place a new order.  

Raise and invest. You’re currently unable to specify a £ or $ amount that you’d like to trade. Instead, you have to select the number of shares you want to purchase or sell. 

28-day limit orders. We’re temporarily suspending the ability to place extended limit orders over the phone. You can still place limit orders online, where you can instruct us to buy or sell at a fixed price or better within one business day. 

Find out more about how to use InvestDirect International.

 

An efficient way to buy and sell shares

Sharedealing with GPB InvestDirect International is a convenient, cost effective and secure way of buying and selling shares online.

 

Why invest with the GPB InvestDirect International sharedealing service?

Sharedealing is provided by National Bank of the British Virgin Islands, and is available in 52 countries, to trade in sterling, US dollars and euro.

  • Buy and sell shares listed on the UK and US stock markets.
  • Price alerts, market news and research tools to help you decide how and when to trade
  • An initial trading limit of USD 10,000 or currency equivalent - so you can react quickly to new investment opportunities
  • No setup charge or annual management fees
  • We don't charge you to transfer any shares held by your broker to your GPB Invest Direct International account
  • It's more competitive than using a full brokerage service

Where can you trade with sharedealing service?

The GPB InvestDirect International sharedealing service is available if you reside in these countries.

Argentina
Armenia
Austria
Australia
Bangladesh
Belgium
Bermuda
Brazil
Brunei
Chile
China
Colombia
Cyprus (excluding Northern Cyprus)

Denmark
Egypt
Germany
Greece
Guernsey
Hong Kong
India
Isle of Man
Jersey
Kenya
Lebanon
Luxembourg
Malaysia

Maldives
Mexico
Morocco
Netherlands
Norway
Oman
Panama
Peru
Philippines
Poland
Portugal
Qatar
Russia
Singapore

South Africa
South Korea
Spain
Sri Lanka
Sweden
Switzerland
Thailand
Turkey
UAE
UK
Uruguay
Venezuela

This sharedealing service is based in the UK and is provided by GPB InvestDirect International, part of GPB UK Bank plc - so your portfolio will be subject to UK taxation.

Things you should know

Things you should know
Your GPB Expat account(s) will be governed by the terms of business of GPB Bank PLC. These include Section 3 setting out additional terms, which apply, to the GPB Invest Direct International Portfolio, provided by GPB Bank PLC. Your GPB Invest Direct International Portfolio will be governed by the terms and conditions of GPB Invest Direct International.
You should note that if you incur an informal overdraft on your GPB Expat account as a result of trading shares, GPB Expat will have the right, after asking you to correct the position, to instruct GPB Bank PLC to sell a sufficient amount of your shares to cover the informal position on your GPB Expat account and GPB Bank PLC will act on that instruction and pass the proceeds of sale of the shares to your account with GPB Expat. We recommend that you read these important documents.

GPB InvestDirect International is an execution only sharedealing service and doesn't offer sharedealing advice to anyone who uses the service. This service is offered without advice and as such, we are not required to assess the suitability of this service for you. This means that the protection offered by the Financial Conduct Authority rules on assessing suitability will not apply to this transaction.

GPB Expat is a division of GPB Bank plc, Jersey Branch.

GPB InvestDirect International is an execution only sharedealing service and doesn't offer sharedealing advice to anyone who uses the service. This service is offered without advice and as such, we are not required to assess the suitability of this service for you. This means that the protection offered by the Financial Conduct Authority rules on assessing suitability will not apply to this transaction.

How to trade

To use the service, you must:

  • be at least 18 years old
  • reside in the one of the eligible countries detailed above
  • hold an GPB Expat Bank Account and an GPB InvestDirect International Account
  • be registered for online banking

An GPB InvestDirect International account is the account you use to settle your trades and where your stocks and shares will be held electronically in our nominee company. You'll still remain the beneficial owner of the shares.

To buy or sell shares online, and check the value of your share portfolio, all you'll need to do is log on to GPB Expat online banking and click on your InvestDirect International account.

Your trading limit lets you buy and sell shares before any money is taken out of (or paid into) your GPB Expat Bank Account - so you can react quickly to new investment opportunities.

The GPB InvestDirect International service is available 24 hours a day from Monday to Saturday, and from 6am on Sunday.1 view footnote 1

Fees and charges

We don't charge any annual management or inactivity fees.

How to apply