Stock transfers
We will assist you in transferring your shares between the Markets (CDS) and Emirates NBD Securities.
We will be sending you daily and quarterly statements to enable to track your portfolio and trades executed with great ease.
We will assist you in transferring your shares between the Markets (CDS) and Emirates NBD Securities.
The transfer form needs to be submitted signed by the parties involved, namely the transferor and transferee, along with documentary proof to establish the relationship and the fee payable. The market fee for family transfer is computed as per the formula below.
Transfer Fee = No. of shares x Closing market price of the share one day before the date the application is submitted x 0.2%
The documentary evidence could include copies of passports, a copy of the marriage certificate, family book, or any other additional supporting document.
All details in the share transfer application forms should be accurate & comprehensive and should be properly signed by the parties involved.
In the event a Power of Attorney (POA) is involved, a valid POA copy should be forwarded along with the application. The attorney may sign on behalf of the customer in the manner provided for in the POA document.
Note: The above procedures are related to DFM and ADX markets, which may be subject to changes according to the respective market instructions.
