Dear Mubasher Customer,
Kindly note that in accordance with the decision of SCA -Securities and commodities Authority- and the regulator of financial markets in the UAE, which will be enforced on 1
st March 2015, regarding brokerage regulations in securities, that obliges all investors in financial markets to update their personal bank accounts details for the purpose of transferring cash dividends to their bank accounts, you are kindly requested to
fill the attached form in the link below and send it back to us
with the following (Before 1 March, 2015) :-
- Bank statement shows bank details (Client name/ Bank name & Branch/ Country/Account No. /IBAN)
OR
- Stamped certificate from bank shows bank details (Client name/ Bank name-Branch/ Country/Account No. /IBAN)
Moreover, we would like to draw your kind attention into that as per the SCA decision applied to all brokerage companies in the UAE, no buy OR sell orders will be executed for clients if the above mentioned requirements are not completed.
Kindly
click here to download the attached form
Please feel free to contact our client services hotline at +971 800 567 000 for any further clarifications.
Thanks and regards,
Mubasher Financial Services LLC