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MANDATE FOR DIVIDEND PAYMENT
Date (DD/MM/YYY)AFFIX
YOUR
MOST RECENT
PASSPORT
PHOTOGRAPH
Heretic Registrar
United Securities Limited
10, Among Kikuyu Street,
Victoria Island, Lagos
Dear Sir/MadamKindly
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How to fill out mandate for e-dividend payment
How to fill out mandate for e-dividend payment
01
Obtain the mandate form from your bank or download it from their website.
02
Fill in your personal information such as your full name, address, phone number, and email address.
03
Provide your bank account details including the bank name, account number, and branch.
04
Fill in your Central Securities Clearing System (CSCS) account number.
05
Specify the type of securities you hold, such as stocks or bonds.
06
Indicate your choice for the frequency of receiving dividend payments, whether it is quarterly, semi-annually, or annually.
07
Sign the mandate form and date it.
08
Submit the completed form to your bank for processing.
09
Keep a copy of the filled mandate form for your records.
Who needs mandate for e-dividend payment?
01
Anyone who holds securities such as stocks or bonds and wishes to receive dividend payments directly into their bank account needs a mandate for e-dividend payment.
02
Investors who want a more convenient and streamlined process of receiving dividend payments without the need for physical cheques or warrants also require a mandate for e-dividend payment.
03
Individuals who have registered with the Central Securities Clearing System (CSCS) and have a CSCS account number must submit a mandate to enable e-dividend payment.
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What is mandate for e-dividend payment?
Mandate for e-dividend payment is a directive given by a shareholder to receive dividend payments electronically into their bank account.
Who is required to file mandate for e-dividend payment?
All shareholders who wish to receive dividend payments electronically are required to file mandate for e-dividend payment.
How to fill out mandate for e-dividend payment?
Shareholders can fill out mandate for e-dividend payment by providing their bank account details and submitting the form to the relevant authority or registrar.
What is the purpose of mandate for e-dividend payment?
The purpose of mandate for e-dividend payment is to streamline the dividend payment process, reduce administrative costs, and ensure timely payments to shareholders.
What information must be reported on mandate for e-dividend payment?
Mandate for e-dividend payment must include shareholder's name, bank account details, contact information, and signature.
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