|
Post # 1
|
||
Join Date: 23 Nov 2011
Location:  UAEPosts: 6 |
||
How to open a demat account? |
||
|
DEAR SIR/MADAM PLEASE GIVE AN IDEA ABOUT HOW TO OPEN A DEMAT ACCOUNT |
||
|
Post # 2
|
||
|
Join Date: 24 Mar 2010
Location:  Saudi ArabiaPosts: 9 |
||
|
RE: How to open a demat account? |
||
|
Demat Account
As someone who's interested in regular trading, you need a well-resourced account to match your needs in a dynamic market scenario. As a leading depository participant, we offer you HSBC Demat Accounts, armed with an entire range of conveniences specially designed to make your money work harder. Demat Account Features & Benefits Demat Accounts are especially designed to give you the edge in the stock markets today You can purchase, hold and sell shares in electronic form Get your Holding statement every 3 months, showing current portfolio of shares As an NRI, you can easily dematerialise your portfolio of shares in India with us* If you already hold an HSBC Current/Savings account, there be no account opening charges and no minimum balance requirements for your Demat Account You can save on transaction costs with quick transfers Say goodbye to risk of loss, theft or mutilation of shares Now, stop worrying about bad deliveries, forgeries and duplicate share certificates Do's and Dont's To open and operate your demat account, copy of PAN card of all account holders is to be submitted to us along with original PAN card, for verification The demat account has a nomination facility and it is advisable to appoint a nominee to facilitate your heirs in obtaining the securities in your demat account, on completion of the necessary procedures Intimate any change of address or change in bank account details to us immediately Register for Internet based facility to monitor your demat account yourself In order to receive all the credits coming to your demat account automatically, you can give a one-time, standing instruction to us Before granting Power of Attorney to anyone, to operate your demat account, carefully examine the scope and implications of powers being granted Verify your transaction statement carefully for all debits and credits in your account. In case of any unauthorized debit or credit, inform us While accepting the Delivery Instruction Slip (DIS) book from us, ensure that your BO ID is pre-stamped on all pages along with the serial numbers Keep your DIS book safely and do not sign or issue blank or incomplete DIS slips For market transactions, submit the DIS ahead of the deadline time. DIS can be issued with a future execution date Strike out the empty space, if any, in the DIS, before submitting to us The above article is taken from http://www.hsbc.co.in/1/2/personal/bank-accounts/demat-account |
||
|
Post # 3
|
||
Join Date: 18 Jul 2010
Location:  KuwaitPosts: 274 |
||
|
RE: How to open a demat account? |
||
this account is only for trading. |
||
Quick Reply
You must login to post reply.