Update: 2020-09-29 17:11

The dematerialization of securities in Belgium

"Dematerialized securities" are securities deposited in a securities account in the name of the owner and which can not be obtained in physical form.. 

The purpose of dematerialization of securities is to eliminate the circulation of "paper" securities and thus to reduce fraud: to avoid inheritance tax, money laundering, ....

Legally, a holder of bearer shares is legally the owner thereof and must not prove their origin. Dematerialization will make it mandatory to deposit these securities in a registered securities account with a bank. Hence the impossibility of ousting the payment of death duties. 

In Belgium, the law on the abolition of bearer securities was published in the Moniteur Belge on 23 December 2005. It will have different effects spreading from January 1, 2008 but are only affected bearer securities under Belgian law, ie issued by Belgian companies. For foreign securities, please consult your bank.

For detailed information on this law, consult your bank. 

 

FOR ALL YOUR PAPER SHARES, PAPER OBLIGATIONS, IF YOUR BANK SAYS THAT THEY DO NOT VALUE MORE THAN,

In any case, do not destroy them or leave them with your bank for destruction. For all securities that are not listed on the stock exchange, banks have only minimal knowledge of what is still valid or not. 

Finally, if your titles are worthless, they may interest us collectors. Do not hesitate to contact us to request an evaluation of these.

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The old securities (stocks and bonds) and financial documents presented have no market value, they have only a collection value.

 

 

Belgian Association for Scripophily N.P.O.

Avenue de l'Equinoxe, 18

B-1200 Brussels

Belgium

Company number : BE 0420507371

Phone : 032(0)2 763 33 68

GSM : 032(0)494 04 99 16

Mail : scripophilybe@gmail.com

Accounts :

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PAYPAL : paypal@scripophily.be

 

Association Belge de Scriptophilie A.S.B.L. 

Avenue de l'Equinoxe, 18 

B-1200 Bruxelles 

Belgique

N°  d'entreprise : BE 0420507371

Téléphone : 032(0)2 763 33 68

GSM : 032(0)494 04 99 16

Mail : scripophilybe@gmail.com

Comptes bancaires : 

Code IBAN : BE98 3200 1739 4493

Code BIC : BBRUBEBB

 

PAYPAL :  paypal@scripophily.be