Get the free CDSC account opening form Terms & conditions

NIC SECURITIES LIMITED GENERAL TERMS AND CONDITIONS 1.INTRODUCTION These general terms and conditions (the GTC) apply to the services offered by NIC Securities (the Broker) to its customers. In consideration

How to fill out cdsc account opening form

How to fill out a CDSC account opening form:

1. Obtain the CDSC account opening form from the CDSC office or website.
2. Fill in your personal information, including your full name, date of birth, and contact details.
3. Provide your identification details, such as your National ID or passport number.
4. Indicate your occupation and employment details, including your current employer's name and address.
5. Specify whether you are an individual or a corporate entity opening the CDSC account.
6. Provide your bank account details, including the bank name, branch, and account number, where you want your dividends and proceeds to be credited.
7. Sign the form and date it to authenticate your application.
8. Attach the required supporting documents, such as copies of your identification documents and any necessary proof of address.
9. Submit the completed form and supporting documents to the CDSC office or through the prescribed online channels.

Who needs a CDSC account opening form?

1. Individuals who want to invest in securities in the Kenyan market.
2. Corporate entities that wish to trade or hold securities in their portfolio.
3. Individuals or entities who intend to receive dividends and proceeds from their securities investments through a centralized depository system.

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What is cdsc account opening form?

The cdsc account opening form is a document used to open a Central Depository System (CDS) account for investors to hold securities electronically.

Who is required to file cdsc account opening form?

Any individual or entity wishing to trade or invest in securities in Kenya's capital markets is required to file a cdsc account opening form.

How to fill out cdsc account opening form?

To fill out a cdsc account opening form, one must provide personal information, identification documents, and financial details as required by the Central Depository System.

What is the purpose of cdsc account opening form?

The purpose of the cdsc account opening form is to create an electronic account for investors to hold securities and facilitate trading in the capital markets.

What information must be reported on cdsc account opening form?

Information such as full name, contact details, identification documents, financial status, and investment objectives must be reported on the cdsc account opening form.