Investment Account

CDSC Account

The CDSC Account is an electronic account that holds your shares and manages the process of transferring shares that are traded in the NSE (Nairobi Securities Exchange). You may open a CDSC Account through a stockbroker, Investment Bank or Custodian (Equity Bank) authorized by Central Depository and Settlement Corporation, the entity that facilitates holding of shares in electronic accounts opened by shareholders.

C.B.K CDS Account.

This is an electronic account managed by the Central Bank of Kenya that holds an investor’s Treasury Bills and Treasury Bonds and manages the purchase and sale of the securities.

FEATURES OF CDSC ACCOUNT.

  • It allows immediate transfer of shares upon purchase or sale.
  • There is no paperwork involved during the transfer of shares from a buyer to seller.
  • Account automation eliminates risks of forgery, damage to the document, clerical errors etc.
  • An investor’s shares are held in one account making management easy.
  • The investor receives an electronic statement of his/her account holdings.

FEATURES C.B.K CDS ACCOUNT.

  • The account is for trading in treasury bills and treasury bonds only.
  • The account is opened by the Central Bank of Kenya on behalf of investors.
  • The investor receives an electronic statement of his/her CDS account holdings.

 Reasons Why You Should Open a Investment Account

  1. This account enables the consolidation of your assets.
  2. With this account you get to enjoy professional expertise available from Equity Bank.
  3. With this account, you are assured of security for your investments.
  4. We ensure timely collection of dividends, interest, bonuses and rights for your investments.
  5. Regular investment reports will be made available to you.
  6. You are provided the chance to diversify your investment portfolio efficiently and affordably.
  7. Get to enjoy fast, efficient and all-round friendly service.
  8. We provide a smooth succession avenue for your investments.
  9. Service for account holders is available in all our branches countrywide.
  • REQUIREMENTS

    • Kenyan ID/Passport for the Directors, passport size photos and K.R.A pins for Directors and the Company.
    • A fully executed and signed CDS 1 form.
    • Certificate of Incorporation/Registration.
    • Board Resolution.

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Equity Bank is Regulated by Central Bank of Kenya