- How do I transfer funds into my trading account?
You can add funds in your account by depositing a cheque or by transferring funds online to the MAC Sharaf account .You can trade in DFM ADX and NASDAQ Dubai with the funds which are transferred. Please find below the fund transfer details:
For Japan
Account Name |
MAC Sharaf Securities (U.A.E.) LLC |
| Bank Name |
HSBC Japan |
Account Number |
009-041237-031 |
Branch |
Tokyo Branch |
Swift Code |
HSBCJPJT |
For Dubai
Bank Account Name |
MAC Sharaf Securities |
Bank Account Number |
0152692230(AED),0148119620(USD) |
Bank Name |
National Bank Of Dubai |
Bank Branch |
Head Office, Dubai, UAE |
Bank Code |
NBDUAEAD |
- When does the fund transfer reflect in my account?
The fund transfer will reflect in your account according to the below schedule:
Notification Time |
Update Schedule |
Before 12 |
No later than 14:00 hrs of the same day
|
After 16:00 hrs |
No later than 09:30 hrs the next working day
|
- Please note that the above update time may not apply for overseas remittances and cheque deposits
- The above will not apply if the money is not credited to the company account for any reason whatsoever.
- How can I withdraw funds from my trading account?
In order to withdraw fund from your online trading account, you can fax your cash withdrawal request to+971 4 4097200 or email us at accounts@mac-sharaf.com from your registered email id mentioning your name, user id, trader number and amount requested. The time required to clear your fund varies from one to three working days depending on your trading. If there is no transaction (trade) to be settled, you will be able to withdraw funds the following day after faxing the withdrawal form or emailing us. However, if there is any transaction waiting to be settled, your fund will be available on the T+3 date (3 days after your trade date).
- When will the shares be credited to my account?
The shares will be credited into your account on a real time basis.
- How can I transfer stocks from CDS (Clearing, Depository and Settlement Department) to MAC Sharaf?
To transfer your shares from CDS to MAC Sharaf, just fill in the below form and submit to us. We will execute your instruction.
- How can I transfer shares from another broker to MAC Sharaf?
To transfer your shares from another broker to MAC Sharaf, just fill in the required details in the below form and submit to us.
