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This is an investors’ discretionary trading account. Under this facility the clients may open their accounts with the Company for trading of securities on cash basis. The account is to be operated by the client on their full discretionary power.

Sl No.	Particulars	Fees/Charges
1.	Account Opening Fee	Tk. 500 (Cash)
2.	Brokerage Commission	0.40%
3.	Yearly Account maintenance charge (including BO Account) which will be deducted on first working day of each calendar year	Tk. 500
4.	Cheque dishonor charge(per dishonor)	Tk. 500

 

Required Documents For Opening Account:

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For opening an account with IIDFC Securities Ltd, the following documents are required to be submitted alongwith the account opening form:

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Individual Account

3 copies of recent passport size photographs of each account holder (duly attested by the introducer)

2 copies of recent passport size photographs of the authorized person (duly attested by the account holder)

If Nominee is minor, 1 copy recent passport size photograph of the guardian attested by the account holder and photocopy of birth certificate of the nominee.

Photocopy of Cheque Leaf for confirming routing number.

Bank Statement for last 1 month of both single & joint account holders.

Photocopy of National / Voter ID card or valid Passport for single & joint account holder, Nominee and Authorized representative.

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In case of NRB and Foreign Nationals following documents are mandatory along with the above mentioned documents:

Photocopy of valid Passport for Principle & Joint Account Holder, Nominee and Authorized Person.

Bank certificate for FC or NITA account including bank statement

Tax clearance Certificate (In case of Foreign Nationals)

Photocopy of service agreement or work permit

Photocopy of resident permit

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Institutional Account: Public/Private Limited Companies, Partnership/Proprietorship Firms, Trust and Fund Account

Photocopy of Memorandum & Articles of Association certified by RJSC

Photocopy of Certificate of Incorporation or Trade License

TIN Certificate

Board Resolution regarding opening of the account and its operation

2 (Two) copies of recent passport size photograph(s) of the CEO/ or Managing Director (duly attested by the Chairman)

Photocopy of National / Voter ID card or valid Passport of the CEO/Managing Director

Bank certificate including bank statement

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In case of Foreign Institutions following documents are mandatory along with the above mentioned documents:

Bank certificate for FC or NITA account including bank statement

Tax Clearance Certificate (In case of foreign Nationals)