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Steps to opening a Stockbroking account

 

  1. Fill and submit all the required account opening documents (See below for requirements)
  2. Select investment option.
  3.  Two accounts will be opened on your behalf:
    • An in-house Stockbroking account
    • A Central Securities Clearing System Limited account (CSCS) otherwise called your CSCS account 
  4. Once your Stockbroking accounts have been opened, you will be given online access to your account and your username and password will be communicated to you. You will be able to:
    • View your account statement and transactions executed on your account.
    • Place purchase and sale mandates through your on-line account and notifications on the status of mandates placed will be sent to you via E-mail.
    • A trade notification E-mail will be sent to you and the Contract notes for the trades can be viewed via your online account.
    • View the status of share certificates deposited for verification.
  5. Deposit payment for services into our Bank account (Details as provided with the account opening documents. Deposits could be through cheque, NIBSS transfer or transfer into our foreign bank account. (For foreign inflows, a Certificate of Capital Importation would be issued).
  6. Collect receipt for deposit

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