As part of its keen efforts to pay shareholders of public joint stock companies unclaimed dividends dating back to March 2015, and following consultation with the relevant authorities, the Securities and Commodities Authority (SCA) has the pleasure to announce the start of receiving payment requests to ensure the delivery of fast services that meet investor needs and expectations. This will be done according to the following channels and procedures:
The SCA appointed First Abu Dhabi Bank (FAB) to handle the process. FAB will receive payment requests via these channels:
Applicants must provide the following documents:
The paying agent will transfer the dividends to the account holder within 5 business days after completing all the required documents and data. An SMS to the account holder’s mobile phone will be sent to notify him/her of the transfer.
Call us on our helpline +971 2 619 1911 or email us on customerservice@fhs.ae