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Custodian Bank: Investor Number Closure

Service ID
3.2.3

Details
In case the custody agreement is cancelled between the investor and the local custodian, the investor’s number issued under the custody of the local custodian is closed.



Fees
N/A

Procedures
  • Custodian sends request to close the investors account along with supporting documents 
  • Dubai CSD approves request and closes account 
  • Dubai CSD sends confirmation email to custodian 

Required Documents
  • An official request to close investors account 
  • Supporting global custodian's instructions (if any)

How to Apply?
Online through Dubai CSD eServices