BO Account Opening
To open single BO Account in EPSL a person needs the following things:
- Properly filled up A/C opening form.
- Three passport size photographs.
- Two passport size photographs of Nominee.
- Photocopy of National ID or Bank Certificate.
- A/C opening fee of TK 600. (Including Annual Charge)
To open Joint BO Account in EPSL a person needs the following things:
- Properly filled up A/C opening form.
- Three passport size photographs of first A/C holder.
- Three passport size photographs of second A/C holder.
- Two passport size photographs of Nominee.
- Photocopy of National ID or Bank Certificate of both.
- A/C opening fee of TK 600. (Including Annual Charge)
To open NRB BO Account in EPSL a person needs the following things:
- Properly filled up A/C opening form.
- Three passport size photographs.
- Two passport size photographs of Nominee.
- Photocopy of passport.
- Photocopy of job contract or work permit.
- A BDT and FC bank account.
- A/C opening fee of TK 600. (Including Annual Charge)
Transaction Process
- After A/C opening, the applicant is given a BO Confirmation.
- BO Confirmation includes a BO ID consisting of 16 digits and an internal DP ID for EPSL.
- To do transaction, the client has to make some deposits by placing check against his BO A/C.
- The client can place buy or sale order by indicating his BO ID.
- EPSL takes a buy or sale order in two forms:
- Transaction order from in house client.
- Transaction order over phone from client.
Fulfilling Order Form
- It is mandatory to fill up the order form for each client.
- It provides safety benefits to client.
- Order fulfillment guards the client against any fraud.
- For the in-house client, order form is supplied whenever an order is submitted in the trading floor.
- The clients who place their orders over phone have to fax the order form with signed accordingly.
- The order forms are maintained by the company as documents.
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