Share Certificates

[BF1]

Hi, Can someone help with this please?

I have been told of a share certificate that has been lost in the post and the sender is claiming that the shares pertaining to the certificate have been sold.

The amount involved is not insignificant and you certainly wouldn`t be walking out the bank with the amount involved!

What is the procedure for selling shares when holding a certificate, surely you would have to have some form of ID to confirm you as the rightful owner of the shares?

Would a bank issue a cheque for the amount sold or transfer the money to your account?
Thanks for any help

 

[dunlop]

contact registrar of company,check if shares have being sold.if bank sold shares without two forms of id they are in breach of money laundering laws.

 

[BF1]

Thanks Dunlop