Same rate telephone and online dealing at Merrill Lynch HSBC

Merrill Lynch HSBC has reduced its telephone trading charges level with the costs for dealing online. The group is also starting a free share 'transfers-in' offer for clients transferring shares to their Merrill Lynch HSBC Investment and Banking Portfolio (IBP), which was launched last May. Merrill HSBC clients will now be charged a flat fee of £19.95 per trade for transactions of any size, either online or by telephone. The 'transfers-in' offer gives clients wishing to trial the Merrill Lynch HSBC IBP the opportunity to reclaim up to £100 in value for any share penalties charged by t...