How would Stockal transfer the holdings and cash balance to the nominee?

In the unfortunate case of the demise of the account holder, the nominee(s) added by the holder on the "Account Settings" page gets ownership of the user's portfolio (holdings and cash balance). Our broker partner will transfer the securities to the nominee(s) or liquidate the securities and credit the proceeds to the Primary nominee(s). In the event that no primary nominee survives, the contingent nominee(s) will receive the asset(s).

Please contact the customer support team for more details.