Ellis Bros can process the sale of shares held in the name of an Estate via its One-Off Share Sale facility. Note that the Estate and all the Executor/s must be domiciled in NZ.
The Executor/s must all 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 can be acceptable. For all permitted ‘photo ID’ options, refer to Appendix One below.
The proof of address document can be a utilities bill, a rates bill, bank statement, tax notice or vehicle registration notification (see Appendix Two below for all options). The document 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.
Brokerage rate for Estate Sales is 1.5% of the dollar-value of each parcel of shares (there is a minimum charge of $90.50 for NZ trades, and $A100 for Australian trades).
Forward all relevant information/documentation to email@example.com
If you have any queries, either email us or phone 09 4867700.
All Executors must be provide an acceptable form of identification for themselves. These must be certified by either a lawyer, a Justice of the Peace, or an Ellis Bros employee within the past 30 days.
Acceptable identification can be:
(A) One form of primary photo ID
(Note we cannot accept ID that has expired)
One form of secondary photo ID
All Executors must provide a ‘proof of residential address’ document. These must be dated within the past 90 days.
Acceptable forms of address verification: