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@NRBCSECURITIES LTD
(Asubsidiary of NRB Commercial Bank Limited)
Corporate Office114,Motijheel C/ARed Crescent Jashim Trade CenterGround Floor. Dhaka-IOOO
TREC HoldersDhaka Stock Exchange Ltd.TREC No.82(BSECReg. No. 3.l/DSE-82/2016/542)
Photographof the litAccount Holder Atlestec
by Introducer
Phulograph otitic litAreoun Holder Attested
by ntruducer
Date: CUSTOMER ACCOUNT INFORMATION FORM
ClientAccount No. [~~ BO IDNo.
Account Type: Cash | | Margin \~ NRB: Yes | | No |~~ Status Individual J loin ÿ
Special Remarks, Ifany:
Name of the Customer'1Account Holder:
Father's1' Husband's Name:
Date of Birth:
PrcscntAddrcss
City Post Code ..Telephone Cell Phone .PermanentAddress
Mother's Name:
Sex: MalcQFemaleQ Nationality
Stale/Division.....Fax ..............................
Occupation
.Countty
Joint Account Holder's Name: ....
Citv Country
Telephone Fax
Name andcontact details of the Authorized Person (ifany) of the Customer to deal with NRBC Bank Securities Limited( A passport size photograph ofthe AuthorizedPerson is requiredto beattested by the Account Holder)
Name ofAuthorized Person:
FatherV Husband'sName: ...Date of Birth:
PresentAddress
City
Telephone ....Permanent Address
.Sex: Male Female
Post Code
Cell Phone
•Mother's Name:
Nationality
... State/Division
....Fax
.Occupation
Country
Whether the Customer or Joint Holder isan Officer of Director of any Stock Exchange/Listed Company? Yes Q No QIfYes, Name &Address ofthe Stock Exchange/Listed company.
Name & Address of the Person Introducing the Customer Code:
Special Instruction.Ifany:
Date & Signatureof Customer/Account Holder Date & Signature oPJoint Account Holder Date & Signature ofIntroducer
Date & Signature of Authorized Person (ifany) AuthorizedSignatory Accepting theAccount Date& Signature of Managing Director/CEO
www.nrbcsecurities.com 1 cluls ilwlw ewe e fiftwiM 4BF* i
®NRBCl™MSECURITIES LTD
(Asubsidiary ofNRB Commercial Bank Limited)
(TERMSAND CONDITIONS FOR OPENING A BROKERAGEACCOUNT)
DECLARATION
I/wethe undersigned whose information is given in the Brokerage Application Form hereby request to be registered as aclient of NRBC Bank Securities Limitedand to open a brokerage account in my/our/company name. I/we further agreeand confirm that the account hereby requested to be opened by mc/us shall be held and governed by the terms and condi¬tions of this agreement as provided hereinafter and as may be modified from time to time by NRBC Bank SecuritiesLimited.
TERMS AND CONDITIONS
Instructions:A written instruction shall be given to NRBC Bank Securities Limitedfrom time to time to purchase and/or sell Investments (which shall mean and include stocks, bonds, debentures, mutual funds, private placement, etc.) orany other similar financial instrument as may be made available from time to time on behalfof the account holder. Onreceipt of such instructions along with a cash deposit or delivery of shares, NRBC Bank Securities Limited shall, so faras NRBC Bank Securities Limited considers it reasonably practicable, purchase and/ or sell Investments in accordancewith those instruments, provided always that (I) any such dealings do not contravene any applicable laws or regula¬tions. (II) NRBC Bank Securities Limited shall have an absolute discretion to accept or reject purchase/sell instructiosand (III) account holder's instruction shall include the following details:
• The Name of the Investment
• Quantity
• Price with notification of limit or discretion
• The duration of the order
• The nature of the lot (i.e. scrip size) for sale or the desired format for purchase order (See Note)
• The order should,specify completion formats of:
• All or partial fill with minimum trade value or number of shares
• Mode of execution i.e. DVP (delivery versus payment)/ NON DVP (non delivery versus payment)
(Note: The number of shares constituting a Market lot" may change. Sellers must include the exact formate of their hold¬ing. This has a direct impact on market pricing given the predominantly retail nature of the market. Trades may fail wherenon-agreed lot sizes arc delivered.)
Joint Accounts: Ifthis is ajoint account, unless the account holdersnotify NRBC Bank Securities Limitedotherwise andprovide such documcntaton, as NRBC Bank Securities Limited may require at its sole discretion, the brokerageaccounts(S) Shall be held by the account holders jointly with rights of survivorship (payable to cither or the survivor)Eachjoint tenant irrevocably appoints the other as attorncy-in-fact to take all action on his or her behalfand to representhim or her inall respects inconnection with this Agreement. NRBC Bank Sccurtities Limitedshall be fully protected inacting but shall not be required to act upon the instructionsofcither ofthe account holder. Eachof the account holder shallbe liable, jointly and severally, for any amounts due to NRBC Bank Securities Limited pursuant to this Agreement,whether incurred by cither or both of theaccount holders unless andotherwise it mentioned incase ofjonint account boththe a/c holder will be treated as equal partner and incase of death and any other accident the a/c balance will be dividedequally to thejoint a/c holders or their respective nominees ifany.
Jumbo and Market Lots: When an account holder wishes to sell stock, he/ she must inform NRBC Bank SecuritiesLimited as to the format of the lot being sold; for example- 5,000 shares in 10's and 2,000 in 5's (Jumbo lots arc difficultto split with the company and so facca considerable discount to market prices).
Corporate Office114,Motijheel C/ARed Crescent Jashim Trade CenterGround Floor, Dhaka-1000
TREC HoldersDhaka Stock Exchange Ltd.
TREC No. 82(BSEC Reg. No. 3.l/DSE-82-'2016/542)
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Risk: The account holder understands (s) that the stock market is a rapidly changing market and that there is an inherentrisk in incurring loss in share dealings.
Limit Orders: While NRBC Bank Securities Limitedwill endeavor to purchase or sell the Investment within the limitsof the prices that may be notified by the account holder. NRBC Bank Securities Limited docs not guarantee or assure thatthe transactions will be materialized within such notified limits. NRBC Securities Limitedwillalways endeavor to obtainthe best price.
Agents: NRBC Bank Securities Limitedis authorized to employ other brokers as agents to perform all or part of its dutiesunder these terms andconditions and to provide information regarding the Account to such agents. NRBC Bank SecuritiesLimited may seek and act on an opinon from any lawyer, accountant or other expert and shall not incur any liability byacting upon such opinion.
Associated Companies: NRBC Bank SecuritiesLimitedmay purchase and/ or sell Investments on behalfof the accountholder by placing orders with itself and any other company whether acting as underwriters, investment managers,merchant or commercial banks, registered or licensed deposit takers, brokers, dealers or otherwise, or with any otherbrokers and dealers as NRBC Bank Securities Limited in its sole discretion may decide.
Dhaka and Chittagong Stock Exchange Rules: All transactions duly concluded through and recognized by the DhakaStock Exchange Limited (hereafter DSE) and the Chittagong Stock Exchange (hereafter CSE) are governed by therespective Rules of DSE and CSE relating to trading and settlement in particular and will be binding on both the partiesconcerned.
Payment and Disclosure: NRBC Bank Securities Limited shall not be obliged to make any payment of behalf of theaccount holder. NRBC Bank Securities Limited may disclose information regarding the account holder or his/ herdealings in relation to this agreement to any department of any government or public body upon request, whether or notsuch request is in fact legally enforceable, and NRBC Bank Securities Limited will not be liable in any way to account
holder for so doing.
Cancellation Provisions: NRBC Bank Securities Limited is authorized, in its discretion, should the undersigned die orshould NRBC Bank Securities Limited for any reason whatever deem it necessary for its protection, without notice to
cancel any outstanding orders in order to close out the accounts of the account holder, in whole or in part or to close outany commitment made on behalf of the account holder.
Indemnity: In the event of a default, omission or act committed by NRBC Bank Securities Limited as a broker/ TRECHolder of the DSE or as a broker/ TREC Holder of the CSE, the account holder shall be indemnified if and only asprovided by the Rules and Regulations of the DSECSE.
Confirmations and Statements: NRBC Bank Securities Limited shall use its best endeavors to provide the account
holder with (a)written confirmation of each transaction it has effected on instructions;and (b)contract notes (in such formas NRBC Bank Securities Limited shall determine) setting forth (i) details of the trade date, value date, settlement date,quantity, price, commission rate and DSE Howla" number or CSE equivalent provided also that the account holder docshereby agree and undertake to confirm in writing beforehand ofall my instructions.
Fees & Expenses: The account holder will pay a brokerage commission of_ and any other relatedexpenses and charges that may from time to time be applicable. Every transaction concluded through and recognized bythe DSE Or the CSE issubject to transaction leviesor other fees imposedby the DSE andCSE.The account holder under¬stands that the rate of commission may be change from time to time.
Set-off: NRBC Bank Securities Limitedshall be entitled to.in respect of all commissions, costs, charges or expenses, setoff from any nominees from time to time held by NRBC Bank Securities Limited for the account holder and if such nomi¬nees are insufficient for the purpose to sell any Investments held by NRBC Bank Securities Limited or any of its agentson behalfof the account holder.
Period: This Agreement shall remain in force for a periodof_months/years from the date of signing.
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Termination:This agreement will stand terminated:(i) Upon the expiry of the period of this Agreement unless renewed upon mutualagreement between NRBC
Bank Securities Limited and the Account Holder(ii) Before the expiry of the period of this Agreement, ifeither NRBC Bank Securities Limited or the Account
Holder gives months notice. Termination shall not absolve the parties from completing accounts andadjusting any outstanding dues.
Assignment: The benefit and burden of this Agreement is capable of assignment by both the account holder and NRBCBank Securities Limited without the consent of the other but the notice of assignment must be given to the other in writing.
Force Majeure: NRBC Bank Securities Limitedshall not be liable for any loss, damages, expenses, costs or otherwiseresulting directly or indirectly from any Government restriction, exchange ruling, suspension of trading, war, strike,national disaster or any other event or circumstance beyond its control.
Forged Shares: NRBC Bank Securities Limitedshall not be liable or responsible for any shares that arc found to beforged. However, NRBC Bank Securities Limitedwill make every attempt to replace the forged shares from the seller.
Law:The terms and conditions contained herein shall be governedby andconstrued in accordance with the laws of Bang¬ladesh.
Notices: (a) All notices, instructions or other communications shall be given English and in writing or orally (facsimile,telex telegram, cable or letter) and shall be sent to NRBC Bank Securities Limitedand the account holder at
the address, fax and/ or telex number shown herein or at such other address as may be communicated by theparties hereto in writing.
(b) Proof of delivery or dispatch shall be:(i) Inthe case of a letter: dispatchof the letter duly stamped and addressed
(ii) In the case of facsimile, telex, telegram or cable on the day of dispatch(c) All oral notices, instructions or other communications should be confirmed inwriting
Definitions: Words defined herein save where a contrary meaning appears or such machining is inconsistent with thecontext shall have this same defined meaning wherever used.
Sums Due: For all purposes, including any legal proceedings, a certificate by any of NRBC Bank Securities Limitedofficers confirming the machines and/ or liabilities for the time being due and/ or incurred to (b) the account holder shallbe conclusive evidence thereof against him/her.
Disputes and Resolution of Dispute:Incase of any dispute arising betweenthe NRBC Bank Securities Limitedand theaccount holder inconnection with the interpretation or enforcement ofthe terms and conditions contained herein,attemptsshould be made to settle the matter amicably, in case of failure to settle the matter amicably, the same shall be referred toarbitration ofTWP Arbitrators each to be nominated by the parties who shallalso appoint an Umpire. The decision of theArbitrators" , so nominated shall be binding on both the parties. In case the Arbitrators differ intheir finding, the decisionof the Umpireshall be final andbinding on the parties. The arbitration shall be conducted inaccordance with theArbitra¬tionAct, 1940.
Signature of the Account Holder Signature of Joint Account Holder
Witnessed by
Signature:
Witnessed by
Signature:
Name: Name:
Address: Address:
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-----------©NRBCSECURITIES LTD
(A subsidiary of NRB Commercial Bank Limited)
Corporate Office114,MotjheelOARed Crescent Jashim Trade CenterGround Floor, Dhaka-1000
BOACCOUNT OPENING FORM(Bye Law 7.3.3 (b)
TRF.C HoldersDhaka Stock Fxchange Ltd.
TREC No. 82(BSFC Reg. No. 3.l/DSE-82'20l6/542)
CDBL Bye Laws
Form 02Please complete all details inCAPITALletters. Please fill all names correctly. All communication shall be sent only to the First Name Account Holder'scorrespondence address.
'Application No. Date:
Please Tick whichever is applicable
BO Category: Regular ÿ Omnibus ÿ Clearing ÿ BO Type: Individual ÿ Company Q Joint Holder ÿ
Name of CDBL Participant (Up to99 Characters) NRBC BANK SECURITIES LIMITED DateAccount Opened
CDB Paricipant ID BO II)
1I/We request you to open a DepositoryAccount inmy / our name as per tire following details:
I. FIRST APPLICANT
"Name in FullofAccount Holder (Up to 99 Characters).............—........—........—........—........—........—........— — — .Shoti Name ofAccount Holder (Insert full name stalling Title i.e. Mr/Mrs./Ms, abbreviate only ifover 30 characters) Tille I.e. Mr/Mrs./XIs.
(Incaseof aCompany/Firnv'Statutory Body) Name of Contact Person :----InCase of a Individual Male CD FemaleCD 'Occupation (30 Characters).......—........—........—........—........—........—........—.......—. — — -" Father's/ Husband's Name
2. CONTACT DETAILS
'Address.........'City............Telephone
.......'Post Code
—.'Mobile. Phone ............— 'State'Division
Fax....
r Country ....'E-mail .
3. NATIONAL ID NO./PASSPORT DETAILS
'National IDNo..Passport No __.... ... Issue Place ...Issue Date...................................Expiry Date.....................4. BANK DETAILS
'Routing Number..................................................-....Bank IdentifierCode (BIC).....................SWIFT Code:...................International BankA/C No.(IBAN): —Electronic Dividend Credit: Yes ÿ No ÿ Tax Exemption if any: Yes ÿ No ÿ E-TIN/Tax ID:--------------------------------------------- - -5.OTHER INFORMATION
Residency: Resident ÿ Non Resident |~|'Nationality —.......—........—.......—........—........—........—......'Date of Birth | |
Statement CycleCode: Dailyÿ Weeklyÿ Fortnightlyÿ Monthlyÿ Other (Pleasc Spcccfy)_______
InternalRcf.No(To be Tilled inby CDBLParticipant)........—.........—........—........—........—.........—........— — — —InCase of Company: Registration No Date of Registration
6. JOINT APPLICAT.NT (SECOND ACCOUNT HOLDER)
Name in FullofAccounmt Holder (Up to 99 Characters:Short Name of Account Holder (Insert full name starting Title i.e. Mr/Mrs./Ms, abbreviate only ifover 30 charactrs) Title i.e. Mn/MrsJMs.
7. ACCOUNT LINK REQUEST
Would you like to create a link to your existing Depositor)' Account? Yes Q] No Q
Ifyes, then please provide the Depositor BO Account Code (8 Digits):
Marked field must be fill up
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___CDBL Bye Laws Form02
NOMINEES/HEIRS
Ifaccount holder(s)wishtonominatepen*m(s)whowillbeentitled to receivesecurities outstandingintheaccount inofthe soleaccount holder/allthejoint accountholdere,aseparatenominationFttm-23 mustbe filled14)andholcfersandthe nomineesgivingnamesofnominees, relationship with first account holder, percentagedistributionany nomineeisaminor,guardian's name,address,relafionsliipwithnomineeliasalso tobeprovided.
9. POWER OFATTORNEY (POA)
Ifaccount holdct(s)wish togivea PowerofAttorcny (POA)tosignedbyall account holdersgiving the name, contact detailssome onetooperate the account. ;separate Fonn- 2A must be filledupandetc.ofthePOAhokfcr andaPOAdocument lodged with the from.
10.TO BE FII.IEDIN BY THE STOCK BROKER/STOCK EXCHANGE INCASE THEAPPLICATION IS FOR OPENING A CLEARING ACCOUNT JExchangeNameDSEÿHading ID I I CSED Trading IDl I
ii.photcx;raph
1siApplicauaAuhcrocdSigrudocy incase ofUd.Co
2ndApplicaitorAiotuxued Signa-toyincaseofLidCo
Authmwl Signatorymguc ofLotCo.Oily
12.STANDING INSTRUCTIONS
I/Weauthorizeyouto receive facsimile (fax)transfer instructionsfor IXdivery
13.DFX7I.ARATION
Yes ÿ No ÿ
ihc rules and regulations of the IDepository and CDBI. Participant pertainingto an account which arc in ftxcc now have been read by mo'us and Lvvc haveunderstcxxlttie sanx? and IAveagree to abidebyandto betxtundby the rules,terms andcunditonspnivkkxlas are in force fromtime to time forsuchaccounts. LWealso declare that the particularsgiven by modsare true to die bestof my/our knowledgeason the date ofmarkingsuch application. Law further agreedialanytalso'mislcading informationgivenbymo'usor suppressionofany material fact will render my/ouraccount liable for terminationandfurtheragainst mods.
Applicants NameofApplicants/Authorised Signatories incase ofI.Id.Co. Signature with date
FirstApplicant
SecondApplicant
3rd Signatory(Ltd.Co.only)
14.SPECIAL INSTRUCTIONSON OPERATION OFJOINTACCOUNT
OEidieror Survivor
f~~| Account willbeoperatedby_ÿ Any one canoperate ÿAny twowilloperatejoind>'
_withanyoneofthe others.
15.INTRODUCTION
Introductionbyan existingaccount holderof
Iconfirm the identity,ixxipationandackircssofthe applicants)
______________
____---------------Account ID f
Introducer's Name
(SignatureofIntroducer)
Date&AuthorizedSignatory'AcceptingdieAccount Date& ofSignaioty Managing Director/CEO
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NTÿB'ÿKKES Corporate Office TRF.C Holder*@1ÿ1IUA>1 °'A'K IrC\ 114,Motijhccl C/A Dhaka Stock Exchange Ltd.SECURITIES LTD Red Crescent Jashim Trade Center TRECNo. 82
Ground Floor. Dhaka-1000 (BSEC Reg.No. 3.l/DSF.-82/20l6'S42)
<A subsidiary ofNRBCommercial Bank Limited)
Central Depository Bangladesh Limited (CDBL)Depository Account (BOAccount) opened with CDBL Participant
NRBC BANK SECURITIES LIMITEDTerms & Conditions - Bye Laws 7.3.3.(c)
CDBL Participant, Dhaka / Chittagong / Sylhet, Bangladesh
Dear Sir,
Please open a Depositor)' account (BO Account) inmy/our names(s) on the terms and conditions set out bellow.
In consideration of NRBC BANK SECURITIES LIMITED (the "CDBL Participant") opening the account providing depository accountfacilities to me/us, I/wehave signed the BOAccount Opening Formas a token of acceptance of the terms and conditions set out below.
1. I/we agree to be boundby The Depositories Act, 1999,Depositories Regulations, 2000, The Depository (User) Regulations 2003, and abideby the Bye Laws and Operating Instructions issued from time to time by CDBL.
2. CDBL shall allocate a unique identification number to me/us (Account Holder BO ID) for the CDBL Participant to maintain a separateAccount for me/us, unless the I/we instructs the CDBL Participant to keep the securities inan Omnibus Account of the CDBL Participant.The CDBL Participant shall however ensure that my/our securities shall not be mixedwith the CDBL Participant's own securities.
3. I/we agree to pay such fees, charges and deposits to the CDBL Participant, as may be mutually agreed upon, for the purpose ofopening andmaintaining my/our account, for carrying out the instructions and for renderingsuch other service as are incidental or consequential tomy/our holdingsecurities inand transacting through the said depository account with the CDBL Participant.
4. I/we shall be responsible for:
(a) The veracity of all statements and particulars set out in the account opening form, supporting or accompanying documents;
(b) The authenticity and genuineness of all certificates and'or documents submitted to the CDBL Participantalong with or insupport of theaccount opening form or subsequently for demateriali/ation;
(c) Title to the securities submitted to the CDBL Participant fromtime to time for demateriali/ation;
(d) Ensuring at all times that the securities the credit of my/our account are sufficient tomeet the instructions issued to the CDBL Participantfor effecting any transaction / transfer;
(e) Informing the CDBL Participant at the earliest of any changes in my/our account particulars such as address, bank details, status,authorizations, mandates, nomination, signature, etc.;
(0 Furnishing accurate identificationdetails whilst subscribing to any issue of securities.
5. I/we shall notify the CDBL Participant of any change in the particulars set out in the application form submitted to the CDBL Participant atthe time of opening the account or furnished to the CDBL Participant from time to time at the earliest. The CDBL Participant shall not beliable or responsible for any loss that may be caused to me/us by reason of my/our failure to intimate such change to the CDBL Participant at
the earliest.
6. Where I/wehave executed a BOAccount Nomination Form:
(a) Inthe event of my/our death, the nominee shall receive/draw the securities held in my/our account
(b) In the event the nominee so authorized remains a minor at the time of my/our death, the legal guardian isauthorized to receive/draw thesecuritiesheld in my/our account.
(c) The nominee so authorized, shall be entitled to all my/our account to the exclusion of all other persons i.e., my/our heirs, executors andadministrators and all other persons claiming throughor under me/us and delivery of securities to the nominee in pursuance of this authorityshall be bindingon all other persons.
7. I/wc may at any time call upon the CDBL Participant to close my/our account with the CDBL Participant provided on instructions remainpendingor unexecuted and no feesor charges remainpayable by me/us to the CDBL Participant. Insuch event I/we may balances of securitiesexist in the account theaccount may be closed by me/us in one of the following ways:
(a) By remateriali/ationof all existing balances in my/our account;
(b) By transfer of all existing balances inmy/our account to one or more of my/our other account(s) held with any other CDBL Participants);
(c) By rematerialization of a part of the existing balances in my/our account and by transferring the rest to one or more of my /our otheraccount(s) with any other CDBL Participants);
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8. CDBL ParlicipanI covenants that it shall
(a) Act onlyon the instructions or mandate of the Account Holderor that of suchpcrson(s) as may havebeen duly authorized by the Account Holderin that behalf.
(b) Not affect any debit or credit to and from the accountof the Account Holder without appropriate instructions from theAccount Holder.
(c) Maintainadequate audit trail ofthe execution of the instructions of theAccount Holder.
(d) Not honor or act upon any instructions for effecting any debit to the accountof the Account Holder in respect of any securities unless:
(i) Such instructions arc issued by the Account Holder under his signatureor that of his/its constituted attorney duly authorized in that behalf;
(ii) TheCDBL Participant is satisfied that the signature of the Account Holder under which instructions arc issued matches with the specimenof the Account Holderor his / its constituted attorney available on the records of the CDBL Participant;
(iii) The balance of clear securities available in the Account Holder's account arc sufficient to honor the Account Holder's instructions.
(e) Furnish to the Account Ilolder astatement ofaccount at the endof every month if there hasbeen even a single entry or transaction during that month,and in any event once at the end of each financial year. The CDBL Participant shall furnish such statements at such shorter periodsas may berequiredby the Account Holder on payment of such charges by theAccount Holder asmay be specified by the CDBL Participant.The AccountHolder shall scrutinize every statement of account received from the CDBL Participant for the accuracy and veracity thereof and shall prompltybring to the notice ofthe CDBL Participant any mistakes, inaccuracies or discrepancies insuch statements.
(0 Promptly attend to all grievances / complaints of theAccount Holder and shall resolve all such grievances / complaintsas it relate to matters
exclusively within the domain ofthe CDBL Participant withinone monthof the same being brought to the notice of the CDBL Participantand shall forthwith forward to and follow up with CDBL all other grivances / complaints oftheAccount Holder on the same being broughtto the notice of theCDBL Participant and shall endeavor to resolve the same at the earliest.
9. The CDBL Participant
(a) Failing to pay the fees or charges as may be mutually agreed upon within a periodofone month fromthe date ofdemand made in that behalf;
(b) Submitting for dcmatcrialization any certificates or other documents of title which arc forged, fabricated, counterfeit or stolen or have beenobtained by forgery or the transfer whereof is restrainedor prohibited by any direction, order or decree of any court or the Securities andExchange Commission;
(c) Commits or participates in any fraud or other act of moral turpitude in his/ itsdealings with the CDBL Participant;
(d) Otherwise misconducts himselfinany manner.
10. Declaration and Signaturel/we hereby acknowledge that I/wehave read and understood the aforesaid termsand conditions for operating Depository Account
(BOAccount) with NRBC Bank Securities Limited and agree to comply with them.
Applicants Name of Applicants 'Authorized Signatories in case of Ltd Co. Signature with date
First Applicant
Second Applicant
3rd Signatory(LtdCo. only)
Letter ofAuthorizationl/We do hereby authorize NRBC Bank Securities Limited to treat my executed sale order of Securities as pay in instruction i.e transfer frommy Beneficiary Owner (BO) Account to NRBC Bank Securities Limitedclearing account.
I/Wc do further authorize NRBC Bank Securities Limited to debit all CDBL related fees & charges from my SecuritiesAccount.
Customer Account No:
BO Account No:| | | |
Applicants Nameof the Account Holder/s Signature
First Applicant
Second Applicant
Third Applicant(Limited Company only)
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AGREEMENT FOR MARGINACCOUNTTHIS AGREEMENT IS MADE ON THE DAY OF
BETWEEN
20..
NRBC Bank Securities Limited, a private limited company, incorporated in Bangladesh under the laws of Bangladesh registered withRegistrar of Joint Stock Companies and firms, is a TREC Holders ofboth the Dhaka Stock Exchange Ltd. (TREC No # 82) doing business asStock Dcalcr/Stock Broker under Stock Dcalcr/Stock Broker registration at Dhaka Stock Exchange (3.I/DSE-82'2016'542) dated 7th September2016 respectively issuedby Bangladesh Securities and ExchangeCommission (BSEC), having its Head Office at 114, Motijhcel C/A, Red
Cresecent Jashim Trade Center (GroundFloor), Dhaka-1000,Bangladesh hereinafter referred to as the of the "Company" ONE PART.
AND
FirstApplicant:
Father's/Husband's Name:
Mother's Name:
Address: _
Second Applicant (Ifany):
Name: .............._................_.........................._......._. ...
Father's/Husband's Name:.......—.......—.......—.......—.......— — —Mother's Name:
Hereinafter referred to as "The Account Holder" of the SECOND PART
WHEREAS:
A. The account holder is engaged in the businessof capital market and being in need of financial assistance requested thecompany for extending loan facility for investment in the share of secondary market.
B. At the request of the account holder the company has agreed to offer a loan Limit to the 1:0.50of margin fund.
NOW THIS DEED WITNESSETH AS FOLLOWS:
DEFINITIONS:1.0.
1.1.
1.2.
As used in this Agreement and inany documents delivered pursuant here to the following expressions shall have followingmeanings respectively:
'Agreement"
1.3. "MarginAccount"
1.4. 'Equity"
Means an Agreement for Margin account between the account holder and the Companyexecuted on the date first above written and also includes any amendment made there in fromtime to time.
Means the aggregate amount ofcash and market value of securities deposited by a client intohis margin account, excluding securities, bought in the margin account.
Means the sum of margin and current market value of securities brought or carried in a client'smargin account
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1.5. "Change in Law" Means the adoption, promulgation, amendment, modification, repeal or reinterpretationafterthe date of execution of this agreement by any government authority of any law ofBangladesh:
1.6. "Company" Means NRBC Bank Securities Limited
1.7. "Laws of Bangladesh" Means, in relation to this agreement, all laws enforced in Bangladesh and includedall rules,regulationorder, directives, notifications made or issuedby any competent authority pursuantto or under any such Law and any decree or Judicial decision given or pronouncedby anyCourt ofCompetent Jurisdiction.
1.8. The account holder means First Applicant & Second Applicant (If any): -.......—----------------------—.......—-----— -
2.0 MARGIN DEPOSIT / EQUITYThe account holder shall deposit its margin before the first transaction. Such deposit may be made inthe form of
1. Cash, Cheque, PO & DD.2. Listed securities valued at last traded price.
3.0. AUTHORIZATION FOR MORTGAGED, PLEDGED ETCThe account holder shall authorize the Company to mortgage securities or properties for a sum not exceeding the debitbalance in the margin account.A letter of lienon shares and serurities and power of attorney to be signed by the accountholder in this regard.
4.0. MINIMUM MARGINThe account holder shall maintain minimun marginat l/2nd of the total investment.
5.0. LOAN LIMITThe company shall extend loan facility to the account holder to theextent of 100%of margin deposit for purchase of sharefromsecondary market.
6.0. INVESTMENT LIMITThe account holder shall not invest in the securities exceeding 100%of margin deposit.
7.0. RESTRICTION ON INV ESTMENTThe account holder must invest inthe selected listed securities as decided by the Company from time to time.
8.0. BASIS OF VALUATION OF SECURITIES /DETERMINATION OF MARGIN REQUIREMENTThe Company shall determine the margin requirement in each working day taking the last traded price of precedingtransaction day.
9.0. SHORT-FALL INEQUITYThe account holder shall maintaina minimum margin of 150%of equity in the margin account. Any shortfall must be convcrcdwithin 3 (Three) days from the date of shortfall/notice, whichever isearlier.
10.0. SUSPENSION OF TRANSATIONThe Company shall have the right to suspend the marginaccount when goes below minimum margin of 150%of the equity inthe margin account.
11.0. TRIGGER SALEIfthe client fails to provide additional deposit within three (3) business day of ntification or the equity falls to 125% in themargin account the company may trigger sale of appropriate portion of the clients account.
12.0. LIQUIDATION OF MARGINWhen total investment falls below 125% of the equity in the margin account, the Company shall have absolute discretion toliquidate the margin able securities deposited by the account holder.
13.0. RESTRICTION IN INVESTMENTMarginshall not be used for investment in IPOshares.
14.0. SINGLE STOCK EXPOSUREIn the "Securities Account" ifclientenjoy margin facilities, in that case, highest limit to buy a single stock is Tk. 1.000,000.00or 40% of the portfolio value whichever is lower.
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15.0. WITHDRAWAL OFSECURITYThe account holder may be allowed to withdraw cash/security from his account to the extent by which the equity exceedsminimum margin of 150%of the equity in the margin account.
16.0. UNUSUAL/DOUBTFUI.TRANSATIONTheaccount holder shall not be allowed to do any unusual /doubtful transaction through this marginaccount.
17.0. FINANCIALCHARGE ON IA»ANTheaccount holder shall pay interest on the loan facility availed at the rate ..........% per annum calculated on a daily basis andshall be charge Quarterly.The Company may. however, change the rate with due notice and without assigning any reason tothe account holder.
18.0. BROKERAGE COMMISSIONThe client shall pay brokerage commission for all transactions i.e. buy and sell in the "MarginAccount". The client shall alsopay brokeragecommission for all transactions carried out in order to regularize the "Margin Account". Rate of brokerage willbe fixed by the "Broker" and can change from time to time.
19.0. CHARGE FOR CDBL OPERATIONForall types of fees and charges incurred for the purpose of the account, the account holder will be charged at actual basis.
20.0. RIGHTTO CLOSE THE MARGINACCOUNTThe Company shall have the right to close the account without assigning any reason.
21.0. CHANGE OF POLICYThe Company may change the policy depending on the money and capital market condition.
22.0. GOVERNING LAWAll transactions shall be governed by the laws of Bangladesh, the Securities and Exchange Ordinance 1969/(XV11of 1969),The Securitiesand Exchange Commission Act 1993 (XV of 1993), and rules and regulations of the Securities and ExchangeCommission, Dhaka Stock Exchange Limited and in particular the Margin Rules 1999(SEC/Section-5/98-542/141 dated 28thApril 1999), all as amended or replaced from time to time.
Being agreed upon the above, bothof us do hereby put our signatures here under to make this agreementeffective.
Signature of the Company(Authorized Person)
(Signature of First Applicant) (Signature of Joint Applicant)
Witness: Witness:
1. Signature: 1.Signature:
Name: Name:
Address: Address:
2. Signature: 2. Signature:
Name: Name:
Address: Address:
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.........CDBL Bye Laws 9nrbciskkSECURITIES LTD
Form 23
(Atukiidiary of NRBCoamtftialBank Uniltd)
BO ACCOUNT NOMINATION FORM
Pleasecompleteall details inCAPITAL letters. Please fill all namescomxtly. Allcommunicationshall besent to thecortespondeceaddressofonly the First NamedAccount Holder as specified in BO Account Opening Form-02.
Application No. Date:
Name of CDBLParticipant (Up to 99 Characters) NRBC BANK SECURITIES LIMITED CDBL Participant ID
Account Holder's BO ID
Name ofAccount Holder (Insert full name starting with Title I.e. Mr. / Mrs. / Ms. abbreviate only ifover 30 characters) Title le.Mr/Mrs. /Mr
FWe nominate the following person(s) who is/arc entitle to receive securities outstanding in my/our account inthe event ot the death of the sole holdes/all the joint holders.
I.NOMINEE IIIERIS DETAILS
NOMINEE I
Name inFull
Short name of Nominee (insert full name starting withTitle I.e.Mr/MrsTMs.Abbreviate only if over 30 characters) Telle le. htr/Ms.'Ms.
Relationship with A/C Holder
Address:
Percentage (%) .
Mobile Phone....... Fax
I> u M V
Guardian's Details (if Nominee is a Minor)
Name in Full
Short name of Guardian (insert full name starting with Title I.e. Mr./Mrs/Ms. Abbreviate only ifover 30 characters) TitleLe. SfrJMnJSk
I 1Relationship with Nominee.....................................Dateof Birthof Minor.............................Maturity Date of Minor...................
(DIVMMyYYY) rODMMVYYY)
Address:
City.................................Post Code................StatcDivision
Mobile Phone-------------------------------------Fax
Passport No Issue Place
Residency: Residentÿ NonResident ÿ Nationality
...............Country _
.....—........-—E-mail .
Issue Date .
Telephone
Expiry Date
Dateof Birth
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_________................... .........CDBL Bye Laws Form 23
NOMINEE 2
NameinFuQ..........—..................—...........................—........—..................—.................— — .—Shoit nameof Nominee (insert lull namestarting withTitle l.e. Mr. / Mrs.) Ms.abbrcviatc only ifover 30characters Title i.e.MrJMrsJMs.
Relationship withAC Holder
Address:
Percentage (%)___________
__________ _
Citv ...........Post Code
Passport No ....Issue Place —...........—.....IssueDate. ... Expiry Date
Residency: Resident ÿ Non Resident ÿ Nationality .
Guardian's Details (if Nominee is a Minor)
Name in Full
Date of Birth
Short nameof Guardian (insert lull namestarting withTitle I.c.Mr. / Mrs. 'Ms.abbreviate only ifover 30characters Title i.e. MrJMrsJMs.
I I I I I IRelationship with Nominee
Address:
.Date of BirthofMinor.............................Maturity Date of Minor...........(DD'MMYYYY) m'ixmVYYYY)
City Post Code
__________________State/Division ..
Mobile Phone..........................................Fax
Passport No......................................................Issue Place
Residency: Resident ÿ Non Resident ÿ Nationality
..............Country..........................._.......Telephone ..._____________E-mail.................................— Issue Date........................Expiry Date
Date of Birth
2. PHOTOGRAPIISOFNOMMINEES/HEIRS
Please pasterecent passportsi/e photograph
Nominee :Heir I
Pleasepasterecent passportsize photograph
Nominee / Heir2
Pleasepasterecent pass|x>rtsire photograph
Guardian I
Pleasepasterecent passportsizephotograph
Guardian 2
Name Signature
Nominee / Heir 1
Guardian 1
Nominee / Heir2
Guardian 2
First Account Holder
Second Account Holder
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-----CDBL Bye Laws 9NRBCSECURITIES LTD
Form 20
(Atuhtidiii) Of NRBCOBMKTClfld Bonk Hulled)
POWEROFATTORNEY (POA) FORM
Please complete all details in CAPITAL letters. Please fill all names correctly. All communication shall be sent to the correspondenceaddress of only the First NamedAccount Holder as specified in BOAccount Opening Form-02.
Application No. Dale:
Name ofCDBL Participant (Up to99 Characters) NRBC BANK SECURITIES LIMITED
Account Holder's BO ID
Nameof Account Holder (insert full namestartingwith Title I.e.Mr/Mrs./Ms./abbrcviatc only ifover 30 characters)
CDBL Participant ID
II I I I
Title i.e. Mr./MnJMs.
Power ofAttorney Holder's Details
Short nanx:of Nominee(insertlull namestarting withTitle It.Mr. / Mrs. / Ms.abbrcviatc only ifover 30characters
1 1 1 II II
POWER OF ATTORNEY HOLDER'S CONTACT DETAILS
Address
Mobile Phone-------
.Post Code
Fax
tate'Division ..Country
.E-mai
___________.Telephone
POWER OF ATTORNEY HOLDER'S NID/PASSPORT DETAILS
NID
Passport No....— - Issue Place ......Issue Date......................Expiry Date
www.nrbcsecurities.com
CDBL Bye Laws Form 20
OTHER INFORMATIONOF POWER OF ATTORNEY HOLDER
Residency: Resident Non Resident Nationality Dateof Birth
Power ofAttorney Effective From To
Remarks(Insert reference to POA document i.e. Specific POA or General POA ctc.k-
PHOTOGRAPHOF POWER OF ATTORNEY HOLDER
Please pasterecent passportsizephotograph
(POA Holder)
DECLARATION
The rulesand regulations of the Depositoryand CDBL Participant pertaining to an account which are in force now havebeen read by me/usand I/we have understood the same and I/weagree to abide by and to be the reles as re in force fromtime to time for such accounts. I/We also declare that the particularsgive by me/us are true to the best ofmy/our knowl¬edge as on the date ofmaking such application. I/We further agree that any false/misleading information givenby me/usor suppression of any material fact will render my/our account liable for terminationand further action.
Applicants Name of Applicants / Authorized Signatories in case of lTd.Co. Signature with Date
POA Holder
FirstApplicant
Second Applicant
Third Applicant(Ltd.Co. only)
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tANRBCI55K kyc Profile Formsecurities ltd (Applicable for BOAccount)
(Aiubitdiir) nmcmhmkwB-iu«u« ÿÿcompiledbythe Account Opening/Relationship Manager)
I• Customer Name:
2 TypeofAccount:
3. Account Number:
4. NameofAccount OpeningOfficer/Relationship Manager
5 What is thesourceof fund?How the source of fund has been verified (whereapplicable)?
PinNo
6 Informationregarding BeneficialOwneroftheAccount ( IncaseofCompany, Informationregardingcontrolling shareholders)andthe sliareholder(s) holding20%ormore shares)
Passport No: Whether photocopy obtained? (Where applicable) Yes 1 I No1 I
8. National IDCardNo Whether photocopy obtained? (Where applicable) Yes EH NoEH9. E-TTNNo
10. VAT RegistrationNo.
11. DrivingLicense No.
What docsthecustomer do?
Mentionthe occupation ofthecustomer indetail:
Comments (1fany)
Comments may be made inthispart regarding risk of thecustomer inconsideration ofsubjective judgment)
A/C OpeningOfficer Verified by: Approved by:
Signature with seal Signature with seal Signature with seal
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ÿmNRBCSECURITIES LTD
(Atubtldlat) of NKB(ammcicii Bank l.lmllrd)
ELECTRONIC FUNDTRANSFER (EFT) Enrollment FORM
Client Code : Date:
Client Name : Mobile:
lAvcdo hereby authorize NRBCBANK SECURITIES LIMITED to registerthe folhving BankAccount for the purpose ofelectronic fundtransfer (EFT).Bysigning below I/weagree to enroll in liveelectronic funds transfer service.
Bank Name:
BankA/C :
BranchName:
Routing Number :
I/Wecertify that I/We/am/are the owner or authorized signatory for this account
Ihavealso read andagree to the Terms and Conditions that follow.
Signature ofFirstAccount Holder Signature Verified by Posted by PostingVerified by
TERMS AND CONDITIONS
1. NRBCBANK SECURITIES LIMITEDwill transfer hinds electronically from thecustomer's trading account to customer Bankaccount
registers on this EFT Enrollment From.
2. Its iscustomer's sole responsibility to ensure tliat his bankaccount information is correct and accurate. NRBC BANK SECURITIESLIMITEDis not responsible for any payment processing errorsor fees incurred ifyoudo not provide accurate account infomiation.
3. NRBC BANK SECURITIES LIMITED reserves the right to reject EFT Enrollment Application form.
4. Any changes madeto this EFTEnrollment fonn must be updated inpersonat theNRBC BANK SECURITIES LIMITEDoffice.This mayrequirenew EFTenrollment application process.
5. Terms andconditions may bechanged without prior noticedue to the amendment ofregulatory policy by the pertinentGovernment regulatorybody such as Securities and ExchangeCommission.
6. EFT services will be discontinued if:The registeredaccount is not activeor closed.Theaccount holder is notthe signatoryofthe registered account
7. All questions and concerns regarding the EFT service should be directed to the CEO of NRBC BANK SECURITIES LIMITED.
8. NRBC BANK SECURITIES LIMITED isnot responsible for technical errors ofdifficulties, beyondNRBC BANK SECURITIES LIMITEDcontrol, that may arise during the process ofElectronic FundTrasfcr.
9. The account holder has to annex copyofcheque leafofthe account or bank statement or hank certificateofthe account with EFTFORM.
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@NRBC©mSECURITIES LTD
(A subsidiary of NRB Commercial Bank Untiled)
REQUIRED DOCUMENTS FOR OPENING BROKERAGE & BO ACCOUNT
For Individual/JointAccount~
Three copies (03) of passport size Photograph of the Account Holder/Holders. (Attested by the Introducer)
Passport size PhotographofNominee(S) attested by the A/C Holder
Passport size PhotographofAuthorized Person/Power ofAttorney. (Attested by the A/C Holder)
Photocopy ofNational ID/Passport/Driving License of the Account Holdcr(s)
* Photocopy of National ID/Passport/Driving License of the Account Holdcr(s) & POA (If any)
6. Bank Documents e.g. Bank Certificate/Bank Statement from the concern bank of the Account Holders(s)
* TIN Certificate(s) (If any)
For Non Resident Bangladeshi (NRB)
1. Three copies (03) of passport size Photograph of the Account Holder/Holders. (Attested by the Introducer)
2. Passport size photograph of Nomincc(s) attested by the A/C Holder
3. Passport size photograph ofAuthorized Person/PowerofAttmey. (Attested by the A/C IIolder)
4. Photocopy of valid Passport including legal permission
5. Service Agreement with the Employer/Salary Statement/Pay Slip
6. Bank Certificate as a ForeignCurrency (FC) Account from the concern bank of theAccount Holders)
7. TIN Certificate(s) (Ifany)
CompanyAccount
1. Three copies (03)of passport size photograph of the Managing Director/CEO/Head of Concern Department (Attested by the Introducer)
2. Passport size photographofAuthorized Person(s)Po\ver ofAttomey(s). (Attested by the Managing Director/CEO/Head ofConcern Department)
3. Photocopy of National ID/Passport'Driving License of Managing Director/CEO/Headof Concern Department andAuthorized pcrson(s)'Powerof Attorney(s)
4. Trade License of the company
5. Board Resoulution regarding Opening Brokerage and BO Account & Memorandum and Article ofAssociation
6. TIN Certificate of the Company
7. List ofAuthorized Signatories to operate the account
8. Bank Certificate/Bank Statement from the concern Bank
Sole ProprietorshipAccount
'• Three copies (03) of passport size photographof the Proprietor ( Attested by the Introducer)
A Passport size photographofAuthorized Pcrson(s)/Powcr ofAttorncy(s). (Attested by the Proprietor)
3 Photocopy ofNational ID/Passport/Driving License of the Proprietor and Authorized person(s)/Power ofAttorney(s)
4. Trade License of the company
5. DeedofAgreement/ FirmRegistrationCertificate
6. TIN Certificate of the Company
7. Bank Certificate/Bank Statement from the concern Bank1
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Note's
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ffiÿNRBCusmSECURITIES LTD
(Asubsidiary of NRB Commercial Bank Limited)
Corporate Office: 1 14. Motijheel C/A. Red Crescent Jashim Trade Center. Ground Floor. Dhaka-1000
TREC Holders: Dhaka Stock Exchange Ltd.TREC No. 82 (BSEC Reg. No. 3.l/DSE-82/2016/542)
Client Code
Account Name
BO IDNo.
Full Name (In Block Letter) Specimen Signature
Approved By:
