Why is it necessary to transfer securities between accounts?

Investors need to transfer securities from the SDC's central registry to an account maintained by a broker in order to sell their securities. The conditions that must be fulfilled to complete the transfer include the following:

  1. The investor status must be active.
  2. The account status must be active.
  3. The document status complete.
  4. The balance covers the transferred amount.
FAQS Taxonomy
Securities Transfer between Accounts
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