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Foreign shares can be transferred to or received from other brokers. Clients should refer to their respective Dealer's Representative or call 03-6205 6000 for further details.
Delisted foreign shares cannot be transferred or received.
It usually takes up to 7 business days for a share transfer to be credited, upon receipt of a completed form and payment for the transfer.
This standard duration may be delayed depending on the processing time of the transferring broker.
CBO transfers are accepted only if the transferor and transferee are immediate family members.
Foreign shares can be transferred between a joint securities account and an individual securities account held by either the joint accountholder or the other joint accountholder. Clients should check with their Dealer's Representative on the Foreign Exchange regulations governing this type of transfer.
Local share – RM10 per counter.
Foreign share – RM15 per counter.
The deceased's securities account must be updated to an estate account before a transfer request can be made.
Supporting documents such as NRIC, Grant of Probate, or Death Certificate must be certified by a Commissioner of Oaths, Notary Public, or lawyer.
Shares listed on exchanges such as SIX Exchange or Copenhagen Exchange can be transferred or received, as long as the shares are tradable.
An OTC share can be received provided it is not under the pink sheet counter category, has a market capitalisation of more than USD 50 million, and a share price of more than USD 0.50.
US shares that fall under the PTP Taxable & Exempted list cannot be transferred or received. Clients should refer to their respective Dealer's Representative for details.
Due to IDX regulations, CBO transfers are not allowed, even for deceased accounts.
Share transfers for Taiwan and Korean Exchange shares are not allowed due to restrictions imposed by their respective regulations.
Shares can only be deposited after they are officially listed on the exchange.
Deposit via DRS is only possible after a share is converted into NYSE (NYS) or NASDAQ (NAS) status.
A minimum of 14 business days is required for a deposited share to be credited into the account.
Clients are notified via email once processed; an up-to-date email address should be maintained.
The standard process takes up to 4 weeks to receive a share certificate, subject to the processing time of the Share Registrar.
Change in Beneficiary Owner is not allowed for physical deposition.
US physical certificates can no longer be deposited, as UOB Kay Hian's US agent no longer accepts them.
The company's transfer agent should be contacted (found on the front or back of the certificate). Alternatively, this information is available on the company's website under "Investor Relations," or by searching online for the company name together with "transfer agent."
Clients are advised to contact the Share Registrar to consolidate multiple certificates into one, as handling charges for physical deposition are charged per certificate.
