Transfer of Inactive Securities Accounts: Operational Schedule Announced
As part of the implementation of measures for inactive securities accounts and related rights, traded on the electronic trading system, as of December 31, 2024, and in accordance with the 2025 Finance Law (Articles 43, 44, 45, 46, 47, and 48), Tunisie Clearing has informed participants of the operational schedule for transferring these securities to its accounts.
This schedule aims to ensure a progressive and fluid management of transfer operations, as follows:
- July 1, 2025: MAC, BH, Attijari Intermédiation, Attijari Bank
- July 2, 2025: UBCI, BNAC, UIB Finance, BTK Conseil, UIB, Amen Bank
- July 3, 2025: Tunisie Valeurs, TSB, ATB, Al Barak
- July 4, 2025: BIAT, Mena Capital, Maxula Bourse, Union Capital, AFC
- July 7, 2025: STB Finance, STB, BNA, BT
- July 8, 2025: BT, BH Invest, Amen Invest, UFI, Finacorp, BMCE, CGI
Brokerage firms are invited to strictly adhere to the established schedule to ensure compliance with regulatory requirements within the required deadlines.
As a reminder, this concerns accounts that have not recorded any transactions or have not been subject to a request or dispute for 15 years. If there are shares in mutual funds, they must be redeemed, and the sale proceeds deposited into the Treasury's current account.
For different types of securities, they will be liquidated within a 6-month period, and the sale proceeds deposited into the Treasury's current account.
Any delay will be subject to a penalty of 1% per month, with a minimum of 1,000 TND and a maximum capped at the total amount due. If the delay is detected by the tax control services, the penalty will increase to 2%, plus a fine of 10% of the total amount that should have been transferred on time.
