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10:00
01 january 2014
Home > Products > Services Catalogue > Services Details
Rate Service

Transfer from Founder to Founder

Service ID
4.5.13

Details
Transfer of securities from a founder account to another founder account. 


Fees
0.004 (four per thousand) from the shares market value، minimum AED 50 (No. of shares*market value*rate)

Procedures
  1. Complete Transfer 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

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
  • Attach Transfer of Securities Form and Investor Signature Form
  • True copy of a valid Passport /National ID of the Transferee & Transferor
  • True copy of Family Book or Marasoom for (for UAE Nationals & Residents)
  • If the Founder is company attach valid copy of trade Licensee, Commercial Registration & Memorandum of Association
  • Any document issued from other countries must be authenticated by the official authorities and the UAE Embassy in those countries

How to Apply?
In person at the DFM Client Services Affairs Department, Trading Floor, World Trade Centre, Dubai