Change of pledgee

Learn how to change the pledgee for an existing pledge on shares using the 'Pledge/seizure' transaction, while preserving a correct history and audit trail. 

Click 'Start tutorial' to learn more

Step-by-step: 

1. Open the relevant entity and navigate to the 'ownership' section.

2. Click on 'select transaction' and select the option 'Pledge/seizure'. 

3. Select the relevant shareholder.

4. Delete the current pledgee.

5. In the same transaction, add a new pledgee. 

6. Click on 'Save and execute' and enter the correct effective date.