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01 january 2014
Home > Products > Services Catalogue > Services Details
Rate Service

Bank Transfer Subscriptions using the UAE Central Bank Payment Gateway through the DFM eIPO Platform

Service ID
4.0.5

Details
Investors can subscribe to IPOs or Rights Issues online via their Bank Account using the UAE Central Bank Payment Gateway through DFM eIPO Online Subscription webpage or DFM Smart Services App (eIPO icon) during live subscription periods only. 

Fees
AED 2 per transfer 

Procedures

Step 1: Complete Online Application:

  1. Login to the eIPO link from the DFM website using the same registered Username and Password for eServices
  2. Complete the subscription form online
  3. Select the payment method ‘Bank Account’
  4. Select where you want your shares to be held (within your Broker or DFM CSD)
  5. Enter number of shares
  6. Submit the application

Step 2: Make the subscription payment:

  1. Complete the payment through your Bank Account
  2. An email confirmation will be sent to your registered email address with DFM

NB: If the application is rejected due to insufficient funds in your Bank Account, you can re-apply again within the subscription period after ensuring sufficient funds are available.

 

 

Step 3: Receive Allocation Notification

  1. An SMS and email notification will be sent to you with the share allocation details
  2. Any refunds will be credited to your Bank Account

Required Documents
  1. An Active DFM investor Number (NIN)
  2. Sufficient funds in your Bank Account
A DFM eServices Username & Password to access the DFM eIPO online subscription platform

How to Apply?
Subscribe via www.dfm.ae or DFM Smart Services App and click on the banner link to the DFM eIPO Online Subscription webpage live during the subscription period only.