Service

BO Account Opening

To open an account with us, please visit one of our branches and get a copy of the BO Account Form or download from the website.

Any single person can open an Individual and a Joint Account with one other person (i.e. two accounts). The second person in the Joint Account can then open one Individual Account of his/her own, but cannot open another Joint Account as he/she already has one (i.e. a total of 3 accounts, 2 Individual and 1 Joint Account, between 2 people).

Client will also require the following:

 

1.      BO Opening Required Documents:

 For Resident of Bangladesh

  • National ID card / passport / driving license of account holder
  • National ID card of joint account holder  ( if joint account )
  • National ID card of nominee
  • Two copies passport size picture of account holder
  • Two copies passport size picture of joint account holder  ( if joint account )
  • One copy passport size picture of nominee (duly attested )
  • Bank statement /bank certificate / MICR cheque
  • Power of Attorney (POA) / Authorization documents by CDBL Form and nomination by TK. 300/= Non-Judicial Stamp. (if any)

For Non Resident of Bangladesh

  • Passport / social Security  card / resident card
  • Employment certificate / Trade license / Income tax certificate
  • Foreign currency bank account statement /bank certificate
  • Local bank account statement /bank certificate / MICR cheque
  • National ID card of account holder
  • National ID card of power of attorney
  • National ID card of nominee
  • Two copies passport size picture of account holder
  • Two copies passport size picture of power of attorney (duly attested )
  • Two copies passport size picture of nominee (duly attested )
  • Power of Attorney (POA) / Authorization documents by CDBL Form and nomination by TK. 300/= Non-Judicial Stamp.

For Company Account

  • Board Resolution for BO A/C Open and operated by whom(Authorized Person)
  • Certificate of Incorporation
  • Memorandum & Articles of Association
  • Trade License
  • E-Tin Certificate
  • Bank Certificate/Statement
  • Picture of Authorized person  (Duly Attested)
  • NID Photocopy of Authorized person  (Duly Attested)

For DSE Mobile Trading on Smartphone (Android 4.4 or higher) or Desktop PC/Laptop (Windows 8 or higher)

  • Download and fill up this form: Editable Form = Click Here |OR| Print-Only Form = Click here
  • Please fill/write in only the following on your Editable/Print Form (and then print if Editable version):
  • Note: Editable Form has option to add scan pics of your signature and photo, but if you attach, then please print in COLOUR, NOT black and white/grayscale.
  • Data to be filled in by Client:
    Date: (top right of form)
    Name: (Client name; please use same spelling as on the main BO application form)
    Client ID: (short BO ID of client)
    Account type: (single, joint or institution/company)
    BO ID: (FULL BO ID, not short code)
    Client Type: (Client's occupation)
    Domicile: Local (if resident Bangladeshi) OR Foreign (Non-resident Bangladeshi/NRB or Foreigner)
    User Type: Internal (tick mark this for all AB & Co. Ltd. clients)
    Mobile Number: (Please use a biometric registered sim that has the same details as your account name and details)
    Email: (Client's email address; please use the same address you used for your daily email)
    <<DONE!! DO NOT FILL IN OR TICK MARK ANY OF THE OTHER FIELDS!!>>
    Then, if Editable Form, please print it and sign it, or if Print Form just sign after filling in all details. 
    <<SIGNATURE MUST MATCH THE SIGNATURE YOU HAVE USED FOR YOUR BO APPLICATION!!>>
  • Submit the Form to AB & Co. Ltd., to the Authorized Representative (your trader).
  • Please bring:
    Two (2) fully filled forms with 1 passport sized photo affixed on each (2 passport sized photos total), IF using Print-only Form. 
    IF using Editable Form, client can add scan of photo and signature and then print; please ensure you bring two (2) colour prints.
    In addition to the main copies to submit to the Authorized Representative, please bring a single photocopy of your completed Form which you can sign from the Authorized Representative and keep as your received copy.
  • Once the processing of your form is complete, you will be informed via call and/or email. Further details on how to access online trade will be provided accordingly.
  • NOTE: As of the latest email from DSE, received at 7:53 PM on the 7th of February, 2016, “ DSE has waived the registration fee of Tk. 500 per registration for the time being. In future DSE may impose registration fees and monthly usage fees based content subscribed by registered investor to TREC holders. “ Thus, there will be no fees in signing up, or maintaining online access until further DSE decision.

2.     BO modification required documents:

  • Modify application
  • National ID Card (In case of Name change)
  • Bank statement /bank certificate / MICR cheque
  • Picture and signature verified

 

3.     BO closing:

  • Closing application CDBL form
  • Checking free share
  • Signature verified

 

4.     Account handling on client death (with nominee):

  • Application for transfer & transmission of share to nominee
  • Death certificate (Attested)
  • National ID card of nominee
  • Nominee acknowledgement (if any)
  • Transmission –change of ownership- CDBL copy
  • Daily BO-ISIN Holding Report form - CDBL
  • Free share from – BACK OFFICE
  • Transfer fee @ .20%
  • Verified Picture and signature of nominee

 

5.     Account handling on client death (no nominee):

  • Application for transfer & transmission of share to nominee
  • Death certificate (Attested)
  • Succession Certificate form High court
  • National ID card of nominee
  • Nominee acknowledgement (if any)
  • Bank Statement / Bank certificate of nominee (Attested)
  • Transmission –change of ownership- CDBL copy
  • Daily BO-ISIN Holding Report form - CDBL
  • Free share from – BACK OFFICE
  • Transfer fee @ .20%
  • Verified Picture and signature of nominee

 

DOWNLOAD BO OPENING FORM