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Rate Service

Judicial Transfer

Service ID
4.5.28

Details
Transfer Judicial Order from Court.

Fees

0.002 (two per thousand) from the shares market value, minimum AED 25. (No. of shares*market value*rate)


Procedures
  1. Complete Transfer of Securities Form and Investor Signature Form 
  2. Submit the Form with the required documents to the Investor Affairs Department
  3. Investor Affairs Department will issue a voucher with the fees required to be paid by the investor
  4. An SMS will be sent to the Transferor & Transferee after the transfer is approved

Notes :

  • Updated Investor Number in DFM for both the Transferor & Transferee
  • Ensure that the transferred shares are available in the CSD account of the Transferor
  • Investor’s signature affixed must be certified by one of the following :
    • Dubai CSD staff at Investor Affairs
    • Licensed Trading Member at Dubai Financial Market
    • An accredited Bank in UAE licensed by UAE Central Bank
    • Notary Public and UAE Embassy in foreign countries or by the UAE Ministry of Foreign Affairs

Required Documents
  • Completed Transfer of Securities Form and Investor Signature Form duly signed
  • Valid copy of Passport/ Emirates National ID of the Transferee & Transferor
  • True Copy of UAE Family Book or Marsoom for (for UAE Nationals & Residents)
  • True copy of the duly authenticated Judicial Order Letter to transfer the securities
  • An original court order should be sent from the court to Dubai Financial market
  • Any document issued from other countries must be authenticated by the official authorities and the UAE Embassy in those countries

How to Apply?
Submit your request in person at the Investor Affairs, Trading Floor, Dubai World Trade Centre, Dubai, or submit the request through your Trading Member.