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01 january 2014
Home > Products > Services Catalogue > Services Details
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. CompleteTransfer of Securities Form and Investor Signature Form
  2. Attach the required documents along with the Form
  3. Client Services 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 specimen signature affixed on either the Investor Number Request Form must be certified by one of the following :

  1. DFM staff at DFM Client Services Affairs Desk
  2. Licensed Brokerage Firm at Dubai Financial Market
  3. An accredited Bank in UAE licensed by UAE Central Bank
  4. 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
  • Valid copy of Passport /National ID of the Transferee & Transferor
  • Valid Copy of Family Book or Marasoom for (for UAE Nationals & Residents)
  • True copy of Judicial Order Letter to transfer the securities
  • Any document issued from other countries must be authenticated by the official authorities and the UAE Embassy in those countries

  • How to Apply?
    • Submit the form in person at the DFM Client Services Affairs Department, Trading Floor, World Trade Centre, Dubai, or