Nominee account

Our Nominee account is ideal for customers who prefer to deal more frequently. As we hold your shares electronically, we take care of all the record keeping, paperwork and administration, leaving you to focus on selecting and planning your investments.

Fast and convenient

With no paperwork to complete after each trade, there's no chance of valuable certificates getting lost or mislaid. Because we hold your shares electronically, we’re able to settle your trades in the market much quicker, with settlement usually being about 3 days. We’ll send you an annual statement and tax voucher to make tracking your investments easier.

Easy to apply

Apply online
Filling in the online form usually takes less than 10 minutes. And once we've completed our standard checks you can deal immediately. We'll also send you confirmation of your account number and PIN for secure access to your account.

Apply by post
Simply request a brochure or call Customer Services on 0845 60 60 560.

Many ways to fund your account

You can fund your account from your nominated bank account or use your debit card to deal immediately. We’ll normally collect fees from any cash held in your account, but we’ll also ask you to set up a Direct Debit, so we can transfer money into your nominated bank account and collect any fees if there's not enough money available in your Lloyds TSB Share Dealing account. You can also transfer cash by Direct Debit on the 1st, 7th, 15th or 23rd of each month from your nominated bank account.

No charge for transferring your share holdings to us

You can transfer most shares held in certificated form into your Nominee account. All you need to do is sign a CREST transfer form for each stock and send the forms and share certificates to us.

You can also transfer any shares held electronically in a Nominee account with another broker. All you need to do is complete a Nominee transfer form for the stocks you're transferring, send it to us and we'll arrange the transfer for you.

You'll benefit from our low commission rates for dealing when you transfer your existing share holdings into your Nominee account – and there's no charge to transfer your shares in to Lloyds TSB Share Dealing.

Once you're up and running, you can sell up to the total of the stock in your dealing account and buy up to the value of any cleared funds you’ve transferred in.

Speedy settlement of your deals

You'll usually get the money raised from your sales in 3 working days – instead of 10 days for our Certificated service. We send the proceeds direct to your Lloyds TSB Share Dealing cash account. You're free to reinvest the proceeds from any sales straight away. You can leave it in the account to fund further dealing or transfer it to your nominated bank account at any time.

An even better rate if you're a Frequent Trader

If you deal more than 12 times in any quarter across our Nominee and ISA accounts, we'll reduce the commission we charge on any further deals in that calendar quarter – see our Rates and Charges.