Transfer and Transmission
Transfer and Transmission
Transfer means moving Securities from one Account to another within a single CDBL Participant or to another CDBL Participant. An account holder must fill in a Transfer Request Form to transfer their securities, and then submit the form to their CDBL Participant.
Transmission means the Transfer of all Account Balances of an Account Holder to another Account. In order for the Account Holder to perform a Transmission, they must first fill in a Transmission Request Form and then submit it to their CDBL Participant.