Transfeing shares between DMAT accounts of two persons

#1
Hello Everyone,

I have a DMAT account with one bank which offers online trading facility. My wife has a DMAT account with another bank which does not offer online trading. We wish to transfer her shares into my DMAT account so that we can sell them online. Can this be done? How? Would we attract any charges such as brokerage, service tax etc which applies on buying/selling??

Regards
 
#2
transfer of shares between demat accounts is valid and permitted...so you can transfer ...it may attract charges...for receiving side no charges ...the one who transfer will charge you...please consult the people who maintan demat account of your wife for transfer chareges...it will be one time charge NOT per share.

regards
suba
 

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