Ellis Bros can process the sale of shares held in the name of an Estate via its One-Off Share Sale facility.
The Executor/s must provide valid certified photo identification AND certified ‘proof of NZ residential address’ documentation.
Photo ID should preferably be a signed passport. If that is not possible, a NZ drivers licence PLUS a NZ birth certificate is acceptable.
The proof of address document can be a utilities bill, a rates bill, bank statement, tax notice or vehicle registration notification. It cannot be older than 90 days.
Note that certification of photo ID and the ‘address’ documents must be within 30 days. Certification can be by a lawyer, Justice of the Peace, a police officer, or an Ellis Bros employee.
Proceeds of Estate share sales are transferred to the designated bank account two business days after the sale.
Standard brokerage rates apply i.e. 1% of the dollar-value of each parcel of shares (there is a minimum charge of $65.50 for NZ trades, and $80 for Australian trades).
Forward all relevant information/documentation to firstname.lastname@example.org
If you have any queries, either email us or phone 09 4867700.