Online share dealing account

To make an adjustment to any of your other banking with us, tell us what support you need and We are able to make your banking work best for you. 

This could be support for:

• How we communicate with you
• Taking control of your finances
• Third party support
• A change to your personal circumstances

To apply by phone, give our team a call on:

03456 080848

If you apply by phone, it could take longer to open Your banking account as we’ll need to send you documents to sign and return by post.

Lines are open from 07:30 to 19:00, Monday to Friday (excluding public holidays). 

Once you’ve opened your InvestDirect account, You are able to apply for a stocks and shares ISA with us.

Sign in to your online banking, select your InvestDirect account, select ‘Product & services’ and then select ‘ISA’.

Trading within a stocks and shares ISA is a tax-efficient way to invest. You are able to invest up to £20,000 each tax year without paying any UK income tax or capital gains tax on any income or growth.

You are able to open an InvestDirect stocks & shares ISA if:

Keep in mind, tax rules can also change and any benefits will depend on your individual circumstances.

You'll need to transfer cash to your InvestDirect stocks and shares ISA before You are able to trade, which You are able to do via online banking.

Proceeds from a sale will remain inside your ISA. You are able to withdraw money from your ISA at any time – although if you do, You are able to only replace this within the current tax year by using an additional part of your ISA allowance.

Yes, You are able to transfer existing ISA and non-ISA investments held with other providers into your InvestDirect account.

You are able to also transfer paper share certificates to us. To do so, just download and complete the 'Transfer Request Form', which You are able to find within the sharedealing section of your online banking.

Transferring investments normally takes up to 2 weeks, but it can depend on your current provider. As soon as the process is complete, you’ll be able to sell your shares if you want to.

If you need to, You are able to sell your shares at any time. There's no fixed-term, so your money's not locked away.

Although, most investments should be considered as a medium-to-long-term commitment for 5 years.

When you sell your assets, the proceeds will be available on the settlement date, which is determined by the market and type of asset.

UK and US equity trades normally settle 2 business days after the date of the trade (T+2) and gilt trades after 1 business day (T+1).

If you have an InvestDirect account, the money from a sale will be transferred to your PPLCBANK bank account in the evening of the settlement date.

Or, for an InvestDirect Plus account, the money will become available in your cash account in the evening of the settlement date. You are able to transfer money out of your InvestDirect Plus cash account within the 'Sharedealing' section of your online banking, to an PPLCBANK Current Account.

A certificate of interest – or tax certificate – confirms the total amount of credit interest paid into an account over the tax year. You might need one to complete a tax self-assessment.

You are able to find your certificate of interest in the PPLCBANK mobile app.

Or, if you'd like a paper copy, send us a secure e-message through online banking or use Chat in the mobile banking app. Once we receive your request, we’ll post this to you within 7 working days.

Exchange-traded funds (ETFs) are investment funds that are traded on a stock exchange, much like equities. ETFs hold assets such as stocks, commodities, bonds or a mix of investments.

Most ETFs track an index, such as a stock index or bond index. ETFs experience price changes throughout the day as they’re bought and sold.