Securities contained in wills

This transfer is conducted from the willer to devisee according to will issued by the transferor.

Persons benefiting from the service

Transferor and transferee (Natural and Legal Persons).

Conditions of obtaining the service
  1. The shares must be free and deposited in the central registry, and in case the shares are in the investor's account maintained by the broker, they should be transferred to the central registry before executing the transfer process.
  2. The presence of the transferee or his legal representative or anyone of his inheritors or legal representative if he was deceased to sign the transfer form in front of the authorized SDC employee.
  1. The concerned person or his legal representative must submit the Transfer Form in accordance with Wills  to the SDC.
  2. The concerned employee verifies the ownership of the transferor and performs the transfer as described in the will.
  3. The concerned employee collects the fees for executing the transaction.
  4. Print the transfer notice, stamp it with the SDC's seal, and deliver it to the transferee.
Required Documents
  • The original or a copy of will deed duly organized and issued by the competent authorities. These wills need to be authenticated and be proven its correctness by the competent authorities and official references in order to be approved by the SDC according to the provisions of the relevant legislations in force and as the case required.
  • A copy of death certificate and identification documents of the willer (transferor) in cases where it is not possible to present an identification document for the deceased, the death certificate will suffice.
  • A quittance for the deceased issued by the Jordan Income and Sales Tax Department provided that it does not include a phrase that is not suitable for transferring ownership of shares and/or the securities.
  • A copy of valid identification document of the transferee.
  • An address for the devisee (trasferee).
  • If the transfers are conducted by virtue of a power of attorney, the power of attorney must expressly state that the agent is authorized to execute this type of transfer. 
Estimated Time

120 minutes.


Headquarter of the SDC.

Partner institutions


Estimated Fees
  1. The Securities Depository Center (SDC) shall collect commissions  for the transfer of securities in accordance with securities' will  transactions as follows:
    • (0.0015) fifteen per ten thousand of the market value of shares.
    • (0.0001) one per ten thousand of the market value of government bonds, bonds issued by public institutions and municipalities, and loan assignments.
    • (0.0001) one per ten thousand of the market value of Islamic finance Sukuk.
  2. The SDC shall collect the commissions referred to in item (1) above from one party, with a minimum of (250) two hundred and fifty fils for each transfer deed.