Details
Transfer of securities from investor account to omnibus account registered with Dubai CSD, or vise versa.
This service is offered in-line with the Omnibus Account Procedures of Dubai CSD.
This service is offered in-line with the Omnibus Account Procedures of Dubai CSD.
Fees
AED 50 per symbol + VAT 5%
Procedures
- Complete and sign the Transfer of securities form
- Select the relevant type of transfer on the form
- Add the required securities to be transferred
- Ensure that the Investor Number in DFM for both the Transferor & Transferee are updated
- Ensure that the payment method is updated for both the Transferor & Transferee
- Ensure that the transferred shares are available in the CSD account of the investor and not in the broker’s account
Required Documents
- Completed the transfer of securities form, duly signed by the authorized signatory and the investor
- Valid copy of Emirates ID for UAE Nationals and Residents, and valid passport copy for Non Resident
How to Apply
- Licensed Trading Member at Dubai Financial Market
- Custodian