How do we transfer ownership from deceased estates?

The process for transferring ownership from a deceased estate is as below. 
If transfer is to a family member, then there will be no transfer fees applicable. 
The account must be up to date before a transfer can proceed. 


REQUIRED DOCUMENTATION

Please note that the required documentation must be dated, signed and witnessed.

  • Transfer of Ownership (available to download below)

  • CM42 document (available to download below) 

  • Duly authorised copy of new owner's ID or Company Registration

  • Notice of death

  • Death certificate

  • Letter of executorship

  • Certified copy of the deceased's ID

  • We have also attached sample documents for your reference, to help 
    you fill in these forms correctly.


PROCESS

  • Complete, sign and submit all documents as detailed above to estates@theholidayclub.com 

  • An invoice for Transfer Fees will be sent to the prospective new owner for payment.

    • A transfer fee of R1999 is payable when transferring to a third party.

    • An iExchange fee of R2950 is also payable by the third party. 

  • Please email proof of payment of this transfer fee to estates@theholidayclub.com

  • If the transfer is to a family member, there will be no transfer fees applicable.

  • Both the estate and the new owner will receive notice upon completion of transfer. 


ADDITIONAL INFORMATION

  • Accumulated Points and credits on old account will be transferred to the new
    Member's account

  • Provided documentation is in order, expect approximately 5-7 working days for 
    completion of transfer

Banking Details
Account Holder: Vacation Management Services (Pty) Ltd

Bank: First National Bank

Branch code: 250655

Account number: 62855058527

Swift Code: FIRNZAJJ (for international clients)

Reference: Membership Number


South Coast Share Transfer Services
Tel: 039 688 5380
Email: estates@theholidayclub.com




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