How much do you charge commission
?
Our
commission Structure depends on transaction
volume.
Corporate clients: transaction volume over 50 Laks, commission 0.35
%
Corporate clients: transaction volume over 25 Laks, commission 0.40
%
Regular clients: transaction volume under 25 Laks, commission 0.50
%
Do you have loan margin facility ?
As of
now we are not providing any loan margin facility. We are currently working on
loan margin facility. Very soon information will be available.
Investment Flow Chart
Download Form to Open a BO Account (Will be available shortly)
A N F Management Co. Ltd. will provide Non-Resident Bangladeshi's (NRB) the option to subscribe for IPO through a Beneficiary Owners (BO) account which will be funded by a Non Resident Investors Taka Account (NITA) or Foreign Currency (FC) Account. BO account will be held with A N F Management Co. Ltd.
Features
The features of the product will be as follows:
* NRBs can subscribe to IPOs from anywhere in the world.
* NRBs will be able to sell the shares, acquired through IPOs, in the secondary market through A N F Management Co. Ltd.
Who are eligible for NRB BO Account?
* All Bangladeshi nationals (Bangladeshi passport holders) who are working/living abroad can open NITA or FC Account. Foreign passport holders who are originally from Bangladesh are also eligible to open an account.
Who are eligible for Regular BO Account?
* All Bangladeshi nationals.
To open Regular BO Account in A N F Management Co. Ltd. a person needs the following:
(Required documents - for new customers)
The following documents will be required while opening an regular BO account:
* Completed BO account form
* Completed BO account nominee form (If applicable)
* Completed Trade account opening form (provided by securities company)
* Power of Attorney (If applicable)
* A certified copy of the valid passport
* Three passport size photographs of the applicant
* Photocopy of National ID or Bank Certificate.
* A/C opening fee of TK 700. (Including Annual Charge)
* Proof of address (utility bill/bank statement copy etc.)
* Proof of income (such as last tax return/employment certificate/contract/recent pay slip)
* Completed application form and duly signed signature card
* Two copies of passport size photos of the nominee which must be attested on the back by the primary account holder
* Properly filled up A/C opening form.
To open Joint BO Account in A N F Management Co. Ltd. a person needs the following:
* 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 700. (Including Annual Charge)
NRB Guide
To open NRB BO Account in A N F Management Co. Ltd. a person needs the following:
* Completed NITA or Foreign Currency (FC) Account form.
* 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 700. (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 A N F Management Co. Ltd.
- 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.
- A N F Management Co. Ltd 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
Limitations
- Only share related transactions are allowed (Apply for IPO, Sale of IPO and Outward Remittance.
- Non-resident Investors Taka Account (Current account - non interest bearing account) will provide the customers the flexibility to remit funds from abroad which will be kept in the account as local currency (BDT).
All the above documents must be in English and also need to be verified and attested by any reputed international bank/by any A N F Management Co. Ltd. office/Notary Public/Bangladesh High Commission or Consulate General's Office.
If customer provides the Power of attorney (POA) from abroad, POA has to be notarised by Notary Public and then attested by the Bangladesh High Commission or Consulate General's Office.
If customer physically comes to the branches, then customer will provide the POA on Non-judicial Stamp (worth of BDT150.00).
For more information, please contact us.
A N F Management Co. Ltd
3/3 B, Purana Paltan
Suleman Plaza (5th Floor)
Dhaka - 1000
Bangladesh
Phone: 7173-816
Mobile: 0191-2113343
USA : 1-(917) 846-5629
http://www.ANFManagement.com
e-mail: info@ANFManagement.com