What you'll need
- Download a W-8BEN form (PDF, 61KB)
- How to complete a W-8BEN (PDF, 284KB)
- Further information on completing a W-8BEN (PDF, 177KB)
Where to send
- You can email a form to us. Please note, we can only accept completed forms from the email address you have registered with us.
- Or you can return it by post to the below address:
Customer Registration Department
Halifax Share Dealing
Lovell Park Road
Once the W-8BEN form has been registered on your account, you can place your international trade.
- Simply sign in to your share dealing account, select dealing from the right hand menu and choose the International tab.
- The first time you trade a NYSE stock you’ll be asked to complete a NYSE subscriber agreement.
- Once you've completed the form and confirmed that you are not a professional investor, you will be able to trade immediately.
The NYSE agreement will only appear the first time an international trade is placed and if your circumstances change you will need to contact us.
The value of investments, and income from them, can fall as well as rise and you may get back less than you invest. If you’re unsure about investing, seek independent advice. You may be eligible for financial advice through our partnership with Schroders Personal Wealth. Tax treatment depends on the individual circumstances of each client and may be subject to change in the future.
Table showing different risks from UK markets whilst dealing on foreign markets
Language and cultural differences between the UK and foreign markets may mean that there is a lack of information, or difficulty in obtaining information you may consider important to your trading decisions.
Any potential profit or loss from your trade in foreign markets may be affected by fluctuations in foreign exchange rates.
Economy and Politics
Economic or political factors such as inflation or interest rate fluctuations in the UK could affect overseas markets. The general economic outlook and market conditions may differ considerably between the UK and foreign markets causing them to be less – or more – favourable.
Emerging markets tend to be less developed than in the UK leading to greater volatility in securities pricing. The value of your investments could, as a result, change quickly.
You may find, as a shareholder, you are excluded from some shareholder rights and benefits because you are resident in a different jurisdiction from that of the company you have invested in. An example would be participating in corporate events such as a Rights Issue. You may find you are not treated in the same way as other shareholders and could suffer losses as a result.
Tax laws overseas differ from those in the UK. Tax authorities in many countries will take a larger amount of tax than they would in the UK because of higher rates. Remember that ISAs and SIPPs will only shelter you from UK tax. How tax is calculated abroad could therefore affect the value of, and returns from, any foreign investments.
Trading and Settlement
Foreign markets may trade at a lower volume than in the UK and this reduced liquidity may make it more difficult to sell shares you have bought. It could also cause delays with settlement.
Halifax Share Dealing Limited. Registered in England and Wales no. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Authorised and regulated by the Financial Conduct Authority under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.