What investors changing the repository should look who wants to save costs or is not satisfied with the service of its bank, can benefit from an exchange of securities. Frequently, but some difficulties arise for new investors. So, for example, only whole shares can be transferred to the new depot. Also can take some weeks until the securities again can be has. The financial portal boersennews.de gives valuable advice for a smooth process. First, it is advisable to deal with the question is how to manage the future Depot.

Who handles its money exclusively via telephone or the Internet, should opt for a direct bank. They provide free deposits in most cases. The online broker comparison by boersennews.de this provides an overview of the various providers. The opening of the depot is easier, however, when a branch somewhat. To do so, investors need to fill only a form.

Direct banks in turn work with the Post-ident method. For the transfer of the depot usually no charges, unless it is up to foreign securities. During the transfer are not accessible but on the securities. Investors need to expect a processing time of several weeks. The fragments of the funds, which occur for example when the system of fixed amounts, should be returned before the change to the fund company. Some banks (Cortal Consors, ING-DiBa, DAB Bank) offer its new customers a special relocation service. This includes not only the sale of the fragments, but also the deletion of the former Depot. The latter is especially important, because otherwise still deposit fees are calculated from the old Bank. More information: service / press Lisa Neumann University first media GmbH