Details
This feature of transfer is used when Trading Member sends request to Dubai CSD to transfer investor securities from their accounts with them to their accounts in Dubai CSD. In this case, Dubai CSD will transfer the securities using movement screen.
Trading Member should pay for the SMS messages which will be sent to the investors after the transfer is completed.
Fees
AED 0.1 per transfer with minimum of AED 200 and maximum of AED 5,000
SMS fees Services:
1. Sending SMS messages to resident shareholders: AED 0.104 per message - minimum fees AED 100
2. Sending SMS messages to international shareholders: AED 0.78 per message - minimum fees AED 100
1. Sending SMS messages to resident shareholders: AED 0.104 per message - minimum fees AED 100
2. Sending SMS messages to international shareholders: AED 0.78 per message - minimum fees AED 100
Procedures
1. The Trading Member should submit the request on eServices under General Requests
2. Dubai CSD will approve the request and issue a voucher with the fees required to be paid as well
2. Dubai CSD will approve the request and issue a voucher with the fees required to be paid as well
Required Documents
Attach list of investors with their securities details
How to Apply
Submit your requests through your Trading Member