Who is a central depository agent?
Central Depository Agents (CDAs) open and maintain Securities Accounts. These comprise Clients’ Securities Accounts and Participants’ (proprietary/dealers) Securities Accounts which are segregated from each other.
How do I open a CDC account in Kenya?
To register, send the word Register to 22372 and you will receive instructions on how to register for the service. Each SMS costs Kshs. 10.00 You can also get your statements via the email that you registered at the point of opening your account.
How much do you need to open a CDS account in Kenya?
Fill in the following key details: • Issue Number • Duration • Value date • Total Face Value – Amount the investor is willing to invest in Kenya Shillings • (Minimum Kes 100,000 and additional in Multiples of Kes. 50,000 with a maximum of Kes 20 million per CDS account per investor for) • Interest Rate (Price) 4.
What is CDA in Kenya?
Coast Development Authority (CDA) is a State Corporation with the mandate to provide integrated development planning, coordination and implementation of projects and programmes within Coast Region, Southern Garissa and Kenya’s Exclusive Economic Zone (EEZ).
How do I open a CDC account?
Requirements
- Duly filled and signed Securities Deposit Form.
- Physical certificate should be in the name of IAS Account Holder (Title/Joint Account Holder) with verified transfer deed.
- Share transfer stamps as per the prevailing rate.
- Valid CNIC/NICOP/Passport copy of shareholder.
How much are Safaricom shares?
The current share price of Safaricom Plc (SCOM) is KES 26.70. SCOM closed its last trading day (Wednesday, May 25, 2022) at 26.55 KES per share on the Nairobi Securities Exchange (NSE), recording a 0.8% gain over its previous closing price of 26.35 KES.
Can an individual open an account with Central Bank of Kenya?
Individuals may hold a single or joint CDS accounts but NO minor accounts. which can be collected from any of the Central Bank of Kenya Branches in Nairobi, Mombasa, Kisumu, Eldoret or the Currency Centers in Meru, Nakuru, Nyeri or Kisii.
How do I check my CDS account in Kenya?
One can access the SMS service by sending an SMS with the word Register to 22372 and following the instructions thereof to complete the registration. The SMS service allows you to access your CDS account and keep track of your shares on your mobile phone anywhere and at any time.
Can I open CDS account online?
As a side note, you need to be 18 years old and above to open an account. Also, there is an RM10 fee for CDS account opening….Step 1: Decide if you are opening a Direct CDS or a Nominee CDS account.
| Description | Direct CDS | Nominee CDS |
|---|---|---|
| Eligibility for IPO application | Yes | No |
Which is the best money market fund in Kenya?
The following are the top 5 Money Market Funds in Kenya by AUM in FY 2021/2022:
- CIC Money Market Fund.
- NCBA Money Market Fund.
- Britam Money Market Fund.
- ICEA Money Market Fund.
- Sanlam Money Market Fund.
When can I apply for a CDA account?
We know that you will have your hands full after your child is born; hence you can apply online via Baby Bonus Online 8 weeks before the estimated delivery date of your child. Your child will automatically join the Baby Bonus Scheme upon birth registration and his OCBC CDA will be opened within 3-5 working days.