Transfer of Securities from the Trading Member Account to a Partner Account

0.002 (two thousands) of the market price of the securities, at a minimum of AED 100 for each company

• The Trading Member should submit an official letter specifying the transfer request along with the required documents to Dubai CSD
• Dubai CSD will send an official letter to the Trading Member confirming the transfer of the securities and will issue a voucher with the fees required to be paid as well

• The original concession agreement, which is to be certified by the notary public, as regards to the conformity of the signatures and data, accordingly stamping the enclosed copy of the concession contract as an exact image of the original
• Authenticating the letter of the transferor as regards to ensuring that the investor’s number is updated, the securities are in the Dubai CSD account and the signature is authentic
• An official letter from the Trading Member requesting approval of the transfer of securities ownership from the account of one investor to another, stating the data of the transferor, transferee, the number and type of securities
• Enclosing either the concession agreement or the letters of the transferor/transferee addressed to Dubai CSD stating that they do not object to pledging the securities between the two partie

Submit your requests through your Trading Member