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10:00
01 january 2014
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Issuing Investor Number (Heirs Account)

Service ID
4.5.8

Details
An Investor Number is issued under the name of the heirs only if a representative is available to take control over the shares of the deceased

Fees
Free of Charge

Procedures
  1. Complete the “Investor Number Request Form” and have it duly signed by the Representative of all Heirs
  2. Attach the required documents
  3. Submit to the Clients Services Affairs Department
  4. The investor Number will be sent through SMS

    Notes:

  5. Investor’s specimen signature affixed on either the Investor Number Request Form must be certified by one of the following :

  • DFM staff at DFM Client Services Affairs Desk
  • Licensed Brokerage Firm 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
 
  1. Completed Investor Number Request Form signed by the Representative
  2. Originalcopy of Death Certificate.
  3. True copy of the Death Certificate, original copy of the Legal Declaration and/or Inheritance Limitation, duly certify
  4. Valid Copy of Representative's Passport or Emirates ID.
  5. Truecopy of a duly authenticated and valid Power of Attorney must be includingthe names of all Heirs
  6. Valid Passports copy of all Heirs
  7. Valid copy of National ID of all Heirs (for UAE Nationals & Residents)

Notes :

  • Any document issued from other countries must be authenticated by the official authorities and the UAE Embassy in those countries

How to Apply?
Online through DFM eServices or in person at the DFM Client Affairs Department, Trading Floor, World Trade Centre, Dubai

FAQs

Your presence is not required if your signature on the form is authenticated by an accredited bank, a listed company or a brokerage firm licensed in DFM. Alternatively, a representative holding a duly authenticated Power of Attorney, can submit your form and must present your original passport (signed).
Opening an Investor Number (NIN) is a free of charge service.