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How do I transfer my account to another broker-dealer?

If you decide to transfer your Account to another financial institution, you may only do so by providing written instructions to transfer your Account to another FSP.


A transfer may only be made to an Account in your name with another FSP in accordance with the provisions of Applicable Law.


A fee of R150 per counter will be charged for the transfer of Whole Securities of JSE listed instruments to another FSP, as set out in the Cost Profile.


A fee of $25 per counter will be charged for the transfer of Whole Securities of US-listed instruments to another FSP, as set out in the USD Cost Profile.


Only Whole Securities may be transferred. You will be responsible for the payment of any taxes, costs or expenses in respect of Whole Securities transferred to another FSP or its nominee.

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