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APR 29 2025

Last Data Update

APR 28 2025
  • What does family transfer mean?

    • transfer the Ownership of securitiesbetween first-degree relatives only.These transfers are limited to cases between father, mother, children, husband and wife.

  • If there is securities ownership transfer from husband to wife and vice versa, what documents are required?

    • The presence of the person transferred from to the company`s headoffice with the identity of the person or his representative on behalf of a legitimate agency. Copy of the identity of the assignor and the assignee. Marriage contract or birth certificate of a child to prove the relationship between husband and wife. Effective bank card to pay the transfer commission.

  • If there is securities transfer from father to son under the age of 18, what documents are required?

    • Attendance of the assignee to the company`s headoffice with the identification of the identity or the representative of a legitimate agency. Copy of the identity of the assignor and the assignee. Effective bank card to pay the transfer commission.

  • Is it allowed to transfer securities from brother to brother?

    • No . Because family transfers are limited to the first degree only .

  • What are the charges for family securities transfer ?

    • The charges shall be paid in consideration for these transfers, which is 0.0006% of the market value of the securities, provided that they shall not be less than two Omani Riyals per conversion.

  • How long does a family transfer take?

    • during one working day

  • What does hereditary transfer means?

    • Is the transfer of ownership of the securities from the deceased to his heirs, according to the inheritance quotas contained in the heirs` document, provided by their owners or legal representatives.

  • If the heirs` agent wishes to transfer the securities to himself, what documents are required?

    • Legal notification (certificate of inheritance of heirs). A legitimate agency of all heirs authorizing the agent to transfer the securities to his account or to (self). Judicial decision (if there is a palace). Death certificate. Attendance of the agent to the company`s headoffices with identity. A copy of the heirs` identity. Effective bank card to pay the transfer commission. Securities may not be transferred from the deceased`s account to any of the heirs, even if he is the agent.

  • If the heirs agent wishes to transfer the securities from the deceased to the heirs` account, what are the required documents?

    • required documents for conversion: Legal notification (certificate of inheritance of heirs). A legitimate agency of all heirs or the presence of the heirs. Judicial decision (if there is a palace). Death certificate. Attendance of the agent to the company`s head office with identification. A copy of the heirs` identity. Effective bank card to pay the transfer commission. Securities may not be transferred from the inheritance account to a joint account unless it is not possible to open new personal accounts to the heirs. The joint account is limited to sales only.

  • How long does it take to make a hereditary transfer?

    • during one working day

  • What are the charges for inheritance transfers?

    • The charges shall be paid in consideration for these transfers, which is 0.0003% of the market value of the securities, provided that it shall not be less than 1 RO for each transfer.

  • Can I transfer my shares from my account to another person account?

    • Shares transfer between different investors accounts is not permitted, unless there`s Immediate Kinship between the carrier and the transferee.

  • is it possible to transfer the shares between the individual account and his own company account?

    • Yes, with the condition that the company is single ownership

  • What are the cases in which ownership of securities excluded from the trading system is transferred from the clearing and settlement regulations and capital market law?

    • Between Same Investers Transfer ,CustodianTransfer,Dial Listing Transfer,FamilyTransfer,GiftTransfer,InheritanceTransfer,Internal Transfer,IPO Correction ,Joint OwnerShipTransfer , Judicial Decision Transfer,MegersTransfer Others Transfer,WillTransfer,REPO Transfer,GDR\ADR Transfer,Fructins Transfer ,Investor Merge Correction Transfer (IMCT)

  • What documents are required for transfers between accounts belonging to the same person?

    • 1. A form of transfer of his tenure from the client and the Broker together. 2. Personal identity or passport of the applicant`s Client. 3. Signature forms for legal persons.

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Ownership Transfers