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Changing Investor's Account Type as per Broker Request

Details
A request from the brokerage company to change the investor’s account type, due to an error from the broker when creating the account. The change is carried out by the CSD Division before or after (but not during) the trading session.


For more information on this service, please contact:
DFM Customer Services
T: +971 4 305 5555
E: customerservice@dfm.ae

Fees
Free of charge

Procedures
  1. Submit a request to change account type to Broker
  2. Brokerage Company sends an official letter to DFM requesting the account change
  3. DFM approves request
  4. Account type changed 

Required Documents
An Official letter from the Broker requesting to change the account type

How to Apply?
Online through DFM eServices or in person at the DFM Clearing and Settlement Department, Trading Floor, World Trade Centre, Dubai