FAQs
To initiate a share transfer from another broker to Rakuten Trade, you will have to get the broker your shares are currently deposited in to fill up the shares transfer form. The shares will be reflected in your Rakuten Trade account upon successful transfer the previous broker.
So if you are attempting to transfer shares into your Rakuten Trade account, please provide your current broker with 073-001 followed after by your CDS account number listed on your dashboard.
You may request transfer of shares at “My portfolio”, “Share Transfer” and proceed accordingly.
A share transfer out will take up to 48 hours to process.
Yes, RM10.00 per stock charged by Bursa Malaysia Depository Sdn Bhd (formerly known as Malaysian Central Depository Sdn Bhd / MCD) regardless of quantity.
Your shares can be transferred by your spouse (requires a marriage certificate), sibling (requires a birth certificate) or your parents (copy of birth certificate).
Yes, you may but only limited to paid shares. A RM10.00 transfer fee will be realized as the charged transaction and financed by Kenanga Investment Bank Berhad.
Share transfer out from RakuMargin account is subjected to manual approval of Kenanga Investment Bank Berhad and Rakuten Trade to ensure the margin ratio after the transfer does not go below than 180%.
The share transfer can only be done to the same beneficial owner, not immediate family member.
Yes. You are only allowed to do inter-account share transfer to the same beneficiary owner / immediate family members.
Notes: The intra-account shares transfer will be done within 48 hours.
Could I raise shares transfer request in the event of corporate action related to CDS shares units adjustment?
Rakuten Trade and custodian party has the right to reject share transfer request in conjunction with related corporate action involving the CDS shares units adjustment. It is advisable to raise share transfer request on or after the entitlement date/lodgement date.
