Get Pk Cdc Ias General Guidelines To Open Simplified Investor Account With Cdc Individual 2020-2025

Opening a simplified investor account with the Central Depository Company (CDC) can be straightforward if you understand the guidelines provided. This guide will navigate you through each step required to complete the investor account opening form effectively.

Follow the steps to complete your investor account opening form.

1. Click ‘Get Form’ button to obtain the form and access it for completion.
2. Enter your local mobile number, ensuring it is registered in your name. If using a family member's number, include a confirmation letter as specified in the guidelines.
3. Provide your email address if you are a non-resident or foreign applicant. For better access to online transactions, using both mobile and email is recommended.
4. Fill in your International Bank Account Number (IBAN) and bank details associated with a bank in Pakistan, ensuring the bank account title matches your name.
5. Submit documentary proof for your mailing and permanent addresses.
6. Ensure that the spelling of your name and those of any nominees or attorneys matches your identification documents (CNIC/SNIC/NICOP/ARC/POC/Passport).
7. Indicate the contact person, which can only be the main applicant, a joint applicant, or an authorized attorney, and provide the required power of attorney document if applicable.
8. If you wish to apply for Zakat exemption, prepare the necessary documents (Zakat Declaration for Muslims or solemn affirmation for non-Muslims).
9. All applicants must provide signatures on the form. If the form is photocopied, signatures are required on each page.
10. If you are nominating a person, ensure their name is aligned with the required guidelines and include supporting identification documents.
11. If the account is for a minor, attach the required guardianship documents and ensure the minor's name is listed appropriately.
12. Make corrections by signing at the appropriate places on the form, as specified.
13. Note that once the account is opened, no changes to applicants are permissible.
14. After completing the form, make sure to attend your CDC office in person for biometric verification and signing of the signature card.
15. For non-residents, ensure to submit notarized copies of identification without the need for biometric verification.
16. Be aware of the annual fee and payment methods available as per the guidelines provided.
17. Once everything is submitted, be patient while the account is set up, as all requirements must be satisfied before approval.

Complete your PK CDC IAS form online to get started with your investor account today.