Unfreezing Securities

The owner of the security or his legal representative has the right to unfreeze the deposited securities if he wishes to dispose of them.

Persons benefiting from the service

Those who are dealing in securities.

Conditions of obtaining the service

The presence of the owner of the securities, his legal representative, or the person authorized to sign on behalf of the legal person UnFreezing Securities Form in front of the authorized employee at the SDC.

Required Documents

 

  1. The identification documents
  2. In case that there is a legal representative, the power of attorney must fulfill the conditions for its accreditation with the SDC.
Procedures
  1. The owner of the security or his legal representative or the person authorized to act on behalf of the legal person submit the form of securities unfreezing.
  2. The concerned employee collects fees form the owner of securities.
  3. Executing the process of unfreezing securities by the SDC.
  4. Printing the Unfreezing notice and handed it to the owner of securities.
Estimated Time

30 minutes.

Location

Headquarter of the SDC

Partner institutions

None.

Estimated Fees

The SDC shall collect a determined commission which is (5) JOD for each security to be unfreezed.

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