RE: Sanity check - FSE18 Jan 2024 19:31
As pointed out there are some incidental costs but of course HL will cover the share.
HL site
What are the overseas share dealing charges?
Overseas shares covered by the Hargreaves Lansdown Overseas Share Dealing Service are traded at our standard rates of £11.95 online, or 1% (subject to a minimum of £20 and a maximum of £50) over the telephone or by post. They will be dealt at the overseas market price and converted into pounds by a UK-based market maker at the prevailing interbank exchange rate. There is also an additional FX charge to cover the cost of the service.
What overseas markets can I access?
Through our overseas share dealing service you can access all major European, Canadian and US exchanges:
Frankfurt Stock Exchange
Are there any tax implications when placing a deal in foreign shares?
Government taxes and levies (per deal): Irish Stamp Duty - 1%, French Financial Transactions Tax - 0.3%, Italian Financial Transactions Tax - 0.1%, Spanish Financial Transactions Tax - 0.2%.
Seemingly none at Frankfurt
What do I need to do if I hold shares in a company which is undergoing a corporate action?
You should await contact from Hargreaves Lansdown. We will send you an explanation of what is taking place and how it affects you. If you receive any corporate action documents directly from a company for shares which you have recently transferred into a Hargreaves Lansdown account, please contact us.
For certain corporate actions you may be required to make a decision. If this is the case then we will indicate which options are available and how you can elect for your chosen option. We will also confirm the date by which your response must be received.