• AGLTYBOD meeting
  • AMCUAEFund performance for the month of July 2020
Home > Products > Services Catalogue > Services Details
Rate Service

iVESTOR Card Issuance Service

Service ID
4.5.5

Details

Investor can submit a request via DFM eServices at www.dfm.ae or through the DFM Smart Services App.

The iVESTOR card Benefits:

  • INSTANT credit of any future cash dividends distribution for all companies listed on DFM.     
  • FAST and EASY cash withdrawals of DFM dividends from millions of VISA or PLUS marked ATM machines
  • Cash TOP-UPS (deposits) into your iVESTOR card from any Emirates NBD cash deposit machines or branches or transfer from Emirates NBD account to iVESTOR Card through Online Banking Services.
  • IPO subscription through DFM eServices Platform. The subscription amount will be debited from iVESTOR card and excess amounts will be refunded to the card’s account after allocation.
  • Self-registration through iVESTOR card for AGMs run by DFM on behalf of its listed companies.
  • PURCHASES of goods/services or reservations using your iVESTOR card
  • Retail Stores all around the world
  • Online Purchases (such as Airline Ticket Bookings, Cinema Tickets Purchases, etc.)
  • Bill Payments (such as Phone bills, Phone credit, etc.)

In response to the UAE Securities and Commodities Authority (SCA) Resolution No. (28/R) of 2010 No. 2 of 2015, iVESTOR is an innovative solution for investors to instantly receive any due dividends from DFM listed companies directly into their iVESTOR card.


Fees
Free of Charge

Procedures

To submit the request via DFM eServices:

  1. Register to DFM eServices at DFM Website or DFM Smart Services App
  2. Login with your username and password
  3. Select the eFORMS tab
  4. Select the form and complete it
  5. Attach the required documents and click on ‘Submit’
  6. You will be notified by email once the status of the request is updated

Alternatively, the investor can submit the request at Investor Affairs, in person:

  1. Complete the Cash Dividends Services Form to be signed by the investor
  2. Submit the form along with the required documents to the Investor Affairs Department
  3. The Card will be delivered by:
  • For the address inside UAE - by courier and the investor will be notified by SMS prior to delivery.
  • For the address outside UAE – by registered post.

Notes:

  • The signature on the form should match the authenticated signature in Dubai CSD
  • iVESTOR Card is only issued for the investor types Individuals and Sole Proprietorships  

 


Required Documents

For Individuals:

  • Valid Copy of the Passport
  • Valid Copy of the Emirates National ID (for UAE Nationals and Residents only)
  • Any document issued from other countries must be authenticated by the official authorities and the UAE Embassy in those countries or by the UAE Ministry of Foreign Affairs

In addition to specific documentations depending on:
In case of a Minor (below 21 years):

  • The signature of the Guardian (the Father)
  • Valid copy of the guardian’s Passport or Emirates National ID
  • In case of a guardian other than the father: true copy of duly authenticated guardianship order issued by the court or Notary public

For Sole Proprietorships:

  •  Valid copy of the Trade License and Commercial Register
  • Valid copy of the Passport or Emirates National ID of the owner

  • Any document issued from other countries must be authenticated by the official authorities and the UAE embassy in those countries or the UAE Ministry of Foreign Affairs

  • Valid copy of a duly authenticated Power of Attorney issued from the court or Notary Public

  • Valid copy of the representative’s Passport or Emirates National ID

  • A Power of Attorney issued from other countries must be authenticated by the official authorities and the UAE Embassy in those countries or by UAE Ministry of Foreign Affairs.

n case of a Representative (for all investor types):
  • Valid copy of a duly authenticated Power of Attorney issued from the court or Notary Public
  • Valid copy of the representative’s Passport or Emirates National ID
  • A Power of Attorney issued from other countries must be authenticated by the official authorities and the UAE Embassy in those countries or by UAE Ministry of Foreign Affairs.

How to Apply?
Submit your requests via DFM eServices at www.dfm.ae or DFM Smart Services App. Alternatively, submit your request in person at the Investor Affairs, Trading Floor, Dubai World Trade Centre, Dubai, or submit the request through your Trading Member

FAQs

Deposits or withdrawals made from Emirates NBD cash machines are free of charge while withdrawals from cash machines of other banks may be chargeable.
There is no annual fee, the card is valid for 5 years.
You can apply for the iVESTOR card once you open an Investor Number (NIN) with the DFM.

For new investors, please complete the Investor Number Request Form

To apply for an iVESTOR card and if you have an Investor Number (NIN), kindly complete the Investor Number Request Form

Applying for an iVESTOR card is free of charge.

For new investors, please complete the Investor Number Request Form. 

To apply for an iVESTOR card and if you have an Investor Number (NIN), kindly complete the iVESTOR card Request Form.

For the option of having dividends credited to an iVESTOR Card, you must first have an iVESTOR card and then complete the Cash Dividends Request Form to indicate your preference.