A depository is like a bank for shares instead of money. Instead of holding shares in the form of certificates, investors have accounts in the depository and can move securities and settle stock exchange transactions by an electronic update of their accounts. The core service of a depository is the efficient delivery, settlement, and transfer of securities through a computerized book-entry system. The Central Depository Bangladesh Limited (CDBL) is a company set up by the banks, stock exchanges, and other institutions to operate the central securities depository in Bangladesh.
The full meaning of the BO account is the beneficiary owner's account. BO account is opened to keep the securities in electronic form in the Depository (in our case CDBL). One can open a BO account from any Depository Participant( like Royal Capital Ltd) which is registered under CDBL.
Once you open a BO account under any Depository Participant (DP), you will get a sixteen (16) digit BO ID code generated from the Central Depository of Bangladesh (CDBL).
A trading account is an account that is maintained by a broker on your behalf. All buy and sell orders order executed in the exchanges and all fund receives and payments are maintained in this account.
This is an Alpha-Numericalnumber assigned to your trading account(like MJ1234).
An individual can open a maximum of two (2) BO accounts from a brokerage house. One can open by his/her name, another can be opened jointly.
Unfortunately, you can’t do that at the same time. Rather you can do it separately.
BO account can be opened individually or jointly or by a company name.
Recent copies of PP size scanned colour photograph of each applicant.
Scan copy of National Identification Number (NID), (both side) or passport or driving license) .
Scanned copy of the signature.
BO account opening form
Power Of Attorney (POA) form
Nomination form
Terms and conditions page by Central Depository Bangladesh Ltd. (CDBL)
• Click on the save and continue button to appear next page
STEP #4 : Payment panel
• Recent PP size scanned colour photograph Payment can be made through bank card (Debit/Credit), Mobile wallet (Bkash, Nagad, etc) .
The nominee of your account is the person who will be the beneficiary of the account after your death. Anyone can be the nominee of the account but if he/she is under 18 years, then you must appoint the guardian of the nominee. There is also a provision to state two persons as nominee where percentage can be adjusted separately for each one.
• Recent PP size scanned colour photograph
• Scan copy of National Identification Number (NID), (both side) or passport or driving license)
• Scanned copy of the signature of the nominee.
The power of attorney is the authorized person who is authorized/declared by the account holder/applicant to operate the account on behalf of the account holder/applicant. If the account holder/applicant wants, he/she can change the Power of Attorney (POA).
• Scan/photocopy of National Identification Number (NID), (both side) or passport or driving license) .
• Scanned copy of the signature .
• Bank A/C details.
An NRB can not open a BO A/C online at present. However, s/he has to attend physically at the RCL branch to open a BO A/C.
• Photocopy of valid passport along with a valid visa/Work permit/Permanent Residency (PR) Certificate/Employee certificate.
• Recentpassport size photo(2 copies)
• Photocopy of FC (Foreign Currency bank certificate) details.
• Photocopy of valid passport along with a valid visa/Work permit/Permanent Residency (PR) Certificate/Employee certificate.
Recentpassport size photo(2 copies)
• Scan/photocopy of National Identification Number (NID), (both side) or passport or driving license)
• Local bank A/C certificate.
Once you get the BO code, you are ready to start the transaction.
Usually it takes 24 hours to activate.
The Nominee(s) will get allthe rights and ownership of that account after the death of the account holder. The nominee has to provide all the valid documents to the broker to claim his/her right.
The person has to prove the eligibility of being a legal heir of the account holder by providing a Warishan Certificate issued by the Honorable Court to acquire the shares of that BO Account holder along with all other details.
When a client has a BO account in a Depository Participant( DP) and wants to transfer his/her BO account from one brokerage house to another then he/she can open a Link account to another DP.
The information of NID cannot be edited while completing the account opening form. However
you can update your mobile, email, bank account info later after account opening. Information
change of NID is not possible unless there is correction done from EC.
You can update your bank, mobile, email, address and TIN information later from our website.
Sorry, Link, a/c can’t be opened online.
If the face does not match with NID then an error message will pop up. At least 60% has to
match with NID picture and live face and you cannot use another person’s NID to register.
Take the photo in a well-lighted environment.
It will be sent you via SMS and the transaction will be updated in the panel on the next working
day.
In case of scanned signature and documents, make sure it covers 60% to 70% of the entire
photo so that it is clear and visible. Take photos that are clear and well lighted
You can now easily register for BO account with instant NID verification that used to take time
before this addition.
The information of NID cannot be edited while completing the account opening form. However
you can update your mobile, email, bank account info later after account opening. Information
change of NID is not possible unless there is correction done from EC.
You can update your bank, mobile, email, address and TIN information later from our website.
Sorry, Link, a/c can’t be opened online.
If the face does not match with NID then an error message will pop up. At least 60% has to
match with NID picture and live face and you cannot use another person’s NID to register.
Take the photo in a well-lighted environment.
It will be sent you via SMS and the transaction will be updated in the panel on the next working
day.
In case of scanned signature and documents, make sure it covers 60% to 70% of the entire
photo so that it is clear and visible. Take photos that are clear and well lighted
Initial Public Offering (IPO),when a company wants to raise its capital from the public then it applies to Bangladesh Securities and Exchange Commission (BSEC). Once it gets the approval from BSEC than the company announces the subscription date to collect funds from the public. Through this process general people, institutions apply to the company for its shares. And shares of a company get listed in the Exchange afterwords.
In Royal Capital Limited, the IPO application process is very simple and straight forward. Youdon't need not come to any RCL branchfor applying IPO. IPO can be applied through SMS, Web, Mobile app, or attending RCL branch office.
Through SMS
- Type IPO (space) BO code IPO short code, Example: IPO MJ1234 OIMEX & send to 03590016234
- Log in with your verified mobile number and password
- Click on IPO
- Click on Apply IPO
- Select IPO from the list
- Click on Apply
At our Branches
A client can come to any of our branches to apply IPO. Our customer service executive will glad to help you. For details, please click this link
IPO Genie is the unique service of Royal Capital Ltd. In this service Once you get enrolled your IPO will be applied automatically on your behalf (except Mutual Fund and Bond). Subject to available funds in your account.
- Fill up the “IPO Genie” registration form, from any of the RCL branches.
- Keep funds available to your BO account for each code in order to apply automatically.
It depends on company policy. Usually, it takes a month.
Any Bangladeshi citizen or Non-Resident Bangladeshi who has a BO account can apply to an IPO.
Sorry, there is no provision to cancel IPO after applying.
Each unsuccessful IPO application is charged BDT 10/- for each code.
CDBL charge means annual account maintenance fee associated with a BO Account, collected by the brokerage house. It is usually collected every year before June.
Currently, the CDBL charge is BDT 450
This is a yearly maintenance fee raised by CDBL for all BO account holders.
CDBL charge can be paid either by coming to your nearest RCL branch or through online.
• Type your User ID and Password and click the login button
• Your RCL dashboard appears
• Select your BO code/codes
• Once you select your code/codes, the total CDBL amount will be displayed on the page.
• Please check the terms and condition to activate the Pay Now button
• The payment page appears.
• You can choose your payment option either by Debit/Credit card or by Mobile Banking (bKash, Rocket, Nagad, etc.)
• Type your card details (including card number, date of birth, and CVV number) to confirm your payment.
• For Mobile Banking once you type your registered mobile number you will be asked for OTP and PIN to confirm your payment.
Yes, RCL is giving you the privilege to use all digital platforms, to withdraw money.
• Please go to your registered mobile message option
• Type your client code. for example (123456)
• Put hyphen (-)
• Enter your amount, for example (500)
• Example: 123456 – 500
• Send it to 03590016234
• You will get a notification SMS after successful submission
• If you want your money to be processed on the same day, you have to send this SMS requisition before 2 pm, if you have sufficient balance in your code.
• Usually, it takes 48 banking hours the amount to be credited
• Please go to your registered mobile message option
• Type your client code. for example (123456)
• Put hyphen (-)
• Enter your amount, for example (500)
• Put Semicolon (;) before entering another code. (No space needed)
• Example: 123456-500;654321-1000;987654-1500 and so on
• Send it to 03590016234
• You will get a notification SMS after successful submission
• Usually, it takes 48 banking hours the amount to be credited
• If you want your money to be processed on the same day, you have to send this SMS requisition before 2 pm, if you have sufficient balance in your code.
• On the account number field, type 77061 then last eight (8) digit of your BOID code
• (For Example, If your BO ID is 1201590025314571 then type 7706125314571 in the account number field. This is Royal Capital Bank Account to deposit fund to your BO ID )
• Choose a mode of payment from BEFTN or RTGS or NPSB
• Type your amount in the Amount field
• Press send button to deposit the amount to your Royal Capital account
• You will get a confirmation SMS on the day of deposit. In case of BEFTN, it takes 1 working day to credit and for RTGS or NPSB the deposit will be done on the same day
- Royal Touch is Royal Capital Limited’s customer service mobile app. Using Royal Touch, customers can view and print their Portfolio, Ledger, Fund Withdraw and Fund Deposit status, detail portfolio with Profit and loss (client can also submit it as TAX certificate).
- fund requisition and also deposit funds to his/her BO/Trading account and so on.
2. You need to download the form by clicking this link and submit nearest branch or you can collect and fill up the form, from any of our RCL branch. Find your nearest RCL branch by clicking this link
3. Once your registration process is done, you will get your User ID and Password through your active email ID(User ID will be your RCL Client Code)
Usually, it takes 1 business day, if the request comes from inside Dhaka and 2 business days for outside Dhaka.
In that case, you need to communicate with our call centerrepresentative at 16379 or +8809606016379 before you log in to another device.
Yes, you can do that. Please follow the process below -
1. Open your Desktop or Laptop.
2. Please remember, you have your DSE mobile app login page open on your mobile device at the same time.
3. Go to your Desktop/Laptop browser and click this Link to appear on the login page
4. Use the same User ID and Password that you have used in your mobile app.
5. Check for Security Code on the login page on your mobile app.
6. Type the SecurityCode on your ITS login page on your Desktop/Laptop to avail of the ITS service.
7. Please remember, a Security Code will be generated on your mobile phone each time you do buy or sell on Desktop/Laptop. So, keep your mobile phone active availing Security Codeover Desktop/Laptop for hassle-free trade.
• Emailto rcl@royalcapitalbd.com(usually it takes less than 24 hours to deactivate)
• By calling to RCL Call center at 16379
All the listed securities trading on the Over the Counter (OTC) market under Annexure A1 is transferred to Small Capital Platform or SME Board. The decision was taken by Bangladesh Securities and Exchange Commission (BSEC) regarding this issue for the easiness of the listed securities. All the companies under this will be able to trade their share through qualified investor offers (QIO). Qualified Investors (QI)’s will be eligible to trade on the SME Board Index.
In order to trade in the SME Market, several conditions have been given which are described below:
• One must have a minimum of 30,00,00 (Thirty Lacs) TAKA investment of matured shares in the secondary market. The highest value in terms of Cost Price or Market Price will be considered here.
• On the last day of every quarter, investors will be found qualified for the upcoming quarter only if they possesthirty lacs worth matured share in the secondary market on that day. For example, if an investor has thirty lacs worth matured share on 31st March, then he will be considered as Qualified Investor for the upcoming quarter – April, May and June.
• If these conditions are met then the registration stage will begin.
• Joint and Company BO accounts will not be eligible to be a Qualified Investor
• Registration is completely free
To know more click on the Download button to download the detailed report.
simply visit royalcapitalbd.com and login to your account to access the code and click on Information Update.
It takes 1 working day (Except Fridays and Saturdays) to update the information after receiving the final verification call from our Call Center.
You can now update your bank account, address, phone number, e-mail and TIN information online from our portal.
Within our working hours that Sunday to Thursday from 9:00 AM to 4:30 PM, you will be contacted after submitting the OTP.
Currently the service is yet available. You can update using only our web.
Changes will be done after final verification from our Call Center thus there will be room for change if required.
A bond is a fixed-income instrument that means a loan made by an investor to a borrower
(corporates & Govt.) which can be traded in stock exchanges.Bonds traditionally pay a fixed
interest rate or coupon to debtholders. Bonds are deemed less risky in comparison to equity or
shares.
The main difference between stock and bond is that through the purchase of stock, the investor
gains a part of ownership of that company, but through bonds, a company or government
borrows money from investors. Stockholders get dividends that are not either fixed or certain,
whereas bondholders receive certain interest over a fixed interval. Bonds are much safer than
stocks in terms of risk.
Another difference is how they make money. In stocks, investors get dividends and there is an
opportunity to earn capital gain. On the other hand, it is possible to earn interest income and
capital gain in case of investment in bonds.
In a broader sense, there are two types of bonds in the capital market –
1. Government Bond or Treasury Bond;
2. Corporate bond.
Corporate Bond: A corporate bond is when a company or organization collects money from
investors for a different period of time by selling debt securities for business purposes. In this
case, the investors earn money as interest semi-annually and get the capital back from the
company at maturity.
Treasury Bond: Treasury bonds are government bonds with a tenure of at least two to twenty
years. The central bank issues Treasury bonds on behalf of the government to support the
national budget. Primary dealer banks and general investors through the stockbrokers can buy
treasury bonds from the central bank through both the primary market (auction) and secondary
market.
1. The main difference between treasury bills and treasury bonds is their maturity.
Treasury
bills
have a tenure of one month to a maximum of one year, while Treasury bonds have a
tenure of two, five, ten, fifteen, or twenty years.
2. Treasury bills are sold at a discount, and investors get the principal amount back at
maturity. The difference between the discount price and the face value is the investor's
profit. On the other hand, investors receive interest and possibly get profit as capital gain
from treasury bonds.
There are 5 types of treasury bonds in terms of maturity. These are 2 years,5 years, 10
years, 15 years and 20 years.
1. Earning a fixed income (coupon or interest);
2. Investing in treasury bonds is completely risk-free;
3. The bond interest rate is usually higher than the deposit rate offered in the bank's
savings account;
4. Since treasury bonds are securities issued by the government, investing in them
guarantees a return;
5. In an economic crisis, investing in treasury bonds can be a good decision;
6. Tax benefits are available.
1. Currently, the interest rate on long-term treasury bonds is higher than the interest rate of
savings certificates;
2. If you withdraw the money from the savings certificate before maturity, the penalty is
deducted from the interest income. On the other hand, treasury bonds are saleable at
any time in the secondary market. That is, the liquidity risk of
National Savings
Certificates
is higher than that of treasury bonds;
3. Earning capital gain by investing in treasury bonds is possible. Which is not possible with
national savings certificates;
4. Source tax is deducted at 5% on interest income on treasury bonds. The rate is 10% for
savings certificates;
5. The investment limit in savings certificates is up to Tk 50 lakh. But there is no investment
limit on treasury bonds
1. The interest rate on long-term treasury bonds is almost equivalent to that on
fixed
bank deposits
.
2. If you withdraw money from bank fixed deposits before maturity, the penalty may be
deducted from your interest income. On the other hand, treasury bonds are saleable
at any time in the secondary market. That means the liquidity risk of bank fixed
deposits is higher than that of treasury bonds.
3. Earning capital gain by investing in treasury bonds is possible. This is not possible in
a fixed deposit in the bank.
4. Source tax is deducted at 5% on interest income on treasury bonds. It is a minimum
of 10% on fixed deposits in the bank.
Individuals and organizations who are residing in Bangladesh and have TIN certificate. Such as:
Individual
investors, banks, non-banking financial institutions, insurance companies, corporate
organizations, provident funds, pension funds, etc.
Yes, an individual investor can buy Treasury Bonds (G-Sec) through a stock broker at auction
with the help of a primary dealer/scheduled bank or from the stock exchange
through a
stock
broker.
foreign or non-resident individuals and organizations can buy
Bangladesh Government
Treasury Bonds (BGTB)
from the primary and secondary markets through primary dealers and
other banks. The bond's purchase price will be paid from the investor fund to the Non-Resident
Foreign Currency Account and to the Non-Resident Investor Taka Account (NITA) maintained
with the Bank of Bangladesh. Coupon payments and resale /redemption proceeds are freely
transferable abroad in foreign currency after deducting applicable taxes. A non-resident
bondholder can freely resell to any resident or non-resident at any time (without a lock-in
period).
Investing bonds, investors can get interest income (on a half-yearly basis) and profit as
capital
gain.
Yes, you can sell bonds any time in the secondary market
Bond prices have an inverse relationship with interest rates. That is, when the interest rate falls,
the market value of the bond increases, making capital gain possible.
Corporate Bonds: 1. Credit Risk; 2. Market or Interest rate risk Treasury Bonds: 1. Market or Interest Rate Risk
The minimum investment is BDT 1 lakh
1. The investor must have a BO account;
2. The investor must have TIN certificate;
3. He must have a minimum of BDT 1 lakh in BO account;
4. The broker must benotified;
5. To trade bonds in the secondary market, the buy and sell order must be placed through the
broker.
6. The investor must have a commercial bank account other than a
Shariah-compliant one,
which will be linked to the BO account.
1. The investor must have a BO account;
2. The investor must have TIN certificate;
3. He must have a minimum of BDT 1 lakh in BO account;
4. The broker must benotified;
5. To trade bonds in the secondary market, the buy and sell order must be placed through the
broker.
6. The investor must have a commercial bank account other than a
Shariah-compliant one,
which will be linked to the BO account.
The fee or charge is 0.10% on total transaction amount.
The auction calendar is available on Bangladesh Bank's website and Royal Capital's social media
platforms.Press this link here
A minimum of one lakh taka must be deposited in the BO account one day before the auction
date, and the client must give the purchase order to the broker.
A minimum of one lakh taka must be deposited in the BO account one day before the auction
date, and the client must give the purchase order to the broker.
The bond units will be transferred in two working days after the auction (T+2).