Share Data > Sale and Transfer of shares > Sale of Foreign Shares
Sale of Foreign Shares

Unlike the UK, where shares can be sold by the executors in any case, in many overseas countries the shares cannot be sold until they have been transferred into the names of the Executors.

The assignee may now wish to sell the same. If requested, our brokers can arrange for the shares to be sold and for the net proceeds to be paid.

Sometimes there might be the necessity for paper share certificates which have to be converted into electronic (book entry) form before they can be sold. We are able to arrange for such conversion.

If the estate wishes to hold on to the shares for a time, or wishes to transfer them to beneficiaries, we will automatically arrange for such shares to be placed into our Brokers Nominee Service where the shares can sit until a final decision is made. One great advantage of using our Nominee Service is that the foreign can be controlled locally with and through our brokers and all of the resealing process (and Medallion Guarantee requirements – if required) simply disappear. Transfers as part of estate and tax planning are simple to arrange, and on death, the transfer or sale of the shares can easily be organised.

Slide I have been extremely impressed with the service received and won't hesitate to both use and recommend share data's services in the future. Jennifer B, David Auld & Co Solicitors Slide My firm have used share data for their medallion guarantee services for foreign shareholders since the beginning of 2018 – each occasion has been efficient and successful which leads to happy clients. I would strongly recommend their services, with a special mention for teresa – who is friendly, helpful and gets the job done. Asset Manager Slide Share Data's service is brilliant. Currently, sorting another one for you! Deanne Taylor, Smalleys Solicitors Ltd Slide Thank you for processing our Medallion Guarantee and for all of your assistance leading up to it. Share Data have a great service. Walker Crips Investment Management