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Rate Service

Closing a Trading Member Account and Transferring Investor Securities to Dubai CSD Account

Service ID
5.3.7

Details
Closing a Trading Member Account as per the decision of the Securities and Commodities Authority (SCA

Fees
Free of charge

Procedures
Trading Member will submit a letter requesting to transfer the securities of investors from their accounts with the Trading Member to Dubai CSD

Required Documents
  • A letter from the Trading Member requesting to transfer the securities of investors from their accounts with the Trading Member to Dubai CSD
Enclose a copy of the Authority’s decree that  Trading Member is in the process of cancellation

How to Apply?
Submit a request through the eServices