Trading For Forign Clients

We have started foreign trading services with a dedicated team which is supported by our highly experienced, efficient and skilled research unit. We are very much concern about the confidentiality in every aspect of our services and ensure prompt and dependable services to our foreign investors. We offer both individual & institutions’ with our own research. We have developed rich website for our honorable investors & foreigners where required information is available.

Foreign nationals may invest in stock market of Bangladesh through Shahjalal Islami Bank Securities Limited (SJIBSL). The following steps are required to invest in Bangladesh Capital Market:

 

·         Opening a NITA Account

o   The investor shall invest in Bangladesh using this account.

o   It is a cash account where investors can send their respective currencies from their country.

o   The fund is converted to Bangladeshi Taka in this account.

·         Custodian Selection

o   Custodian will execute all sorts of activities on behalf of the Client i.e. Opening a Beneficiary Owners (B.O) account on clients name.

o   Custodian shall comply with all the requirements of the client.

o   The custodian shall have the authority for the client.

·         Opening Beneficiary Owners Account

o   The custodian shall open a B.O account on behalf of the respective client.

o   In order to open a B.O account the client will have to submit the following documents:

§ For Foreign Nationals:

Particulars
NITA Account
Stock Brokerage/Trading Account
Custodian Account
Photocopy of passport
Foreignpassport
Foreignpassport
Foreignpassport
Photographs
(Account Holder)

4 copies PP size (Attested by introducer)

3 copies PP size
(Attested by introducer)

3 copies PP size (Attested by introducer)

Photographs
(Authorized Person)
N/A
2copies PP size

(Attested by Account Holder)

2copies PP size (Attested by Account Holder)
Photographs
(Nominee)
2copies PP size (Attested by Account Holder)
2copies PP size (Attested by Account Holder)
2copies PP size (Attested by Account Holder)

Bank Account Certificate/Statement

N/A
NITA
 NITA
EmployeeStatement/Business Document
Required
N/A
N/A
 

§For Foreign Institution:

Particulars
NITA
Stock Brokerage / Trading Account
Custodian Account
Photocopy of passport
Passport of the CEO

Passport of the Authorized Person

Passport of the Authorized Person

Photographs
(Account Holder)

4 copies PP size photos of all signatories & authorized persons

N/A
N/A

Photographs (Authorized Person)

N/A

3 copies PP size (authorized person by board)

3 copies PP size (authorized person by board)

Bank Account Certificate/Statement

 
NITA
NITA

Approval from the Board of Directors for Investment &Authorized Person

Required
Required
Required

Memorandum & Article of Association, Tax Certificate & Trade License

Required
Required
Required
 

·         Trading Account

o   This account is required for trading of both Dhaka and Chittagong Stock Exchange Limited.

o   The documents are required for opening a trading account are specified above: Click here to download:  Account Opening File for Foreign Investor    

NB: All the above documents have to be attested by either Bangladesh Embassy or notarized in respective country.

 

Forthcoming IPO BO A/C Opening Info CorporateAdvisory
 
Market Info
 

 

   
©2010-2011 Shahjalal Islami Bank Securities Ltd., Jiban Bima Bhaban, 10, Dilkusha C/A, Dhaka-1000
Phone- 7163253, 7118425, 7173008, Fax: 7161877.
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