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quote originally posted by Ah Ong:
With effect from 9 March 2009, CDP accepts account opening for applicants of age 18 years and above. as tis is wat i seen in the CDP.com
but when i call up the members firm of in SGX to open an account... none of the company know it or put my application on hold...
Why like tt?
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You can go directly to SGX Centre, 2nd floor and open the account at CDP.
Securities Account for an Individual
Why wait? As long as you are above 18 years old and not an undischarged bankrupt, you can apply for a CDP account at our customer service counters today.
You will be glad to know that besides coming down to our counters, you can approach any of our SGX Securities Member Companies personally to apply for a CDP account.
You'll Need :
Depending on your nationality, the following original documents:
Nationality Original Supporting Documents required
Singaporean Identification card (IC))/ Passport with > 6 months validity
Malaysian Malaysian IC)/ Passport with > 6 months validity
Permanent Resident of Singapore Singapore blue IC / Passport with > 6 months validity and entry or re-entry permit
Other nationality Passport with > 6 months validity
If you are overseas:
Send your completed application form *, together with the certified true copies of the supporting documents as listed above to CDP. You must also sign on the photocopied IC/passport.
Do ensure that your signature on the application form is verified and the supporting documents are certified by one of the following :-
Singapore Embassy;
Notary Public officially registered with the country’s governmental institution;
Advocates & Solicitors (preferably with branch in Singapore);
Justice of Peace
Commissioners for Oaths
Alternatively, you can opt to open your direct securities account through any SGX Securities Member Companies, which is a member of SGX.
Other important things to note:
Applicant(s) who wish to use a PO Box address as their mailing address are required to provide a residential address which is consistent with the records shown on their IC.
If mailing address of the securities account is a foreign address, the account holder will not receive any rights document in relation to any corporate event. In order to receive the rights document, the account holder will be required to maintain a separate rights mailing Singapore address.
If account holder wishes to use stockbroking company’s address as mailing and/or rights address, a letter of undertaking duly signed by 2 authorized signatories of stockbroking company with their names indicated and affixation of company stamp has to be submitted.
All alterations on account opening form have to be counter-signed by account holder. An account opening form with more than 3 alterations will be rejected and a new form has to be filled for submission.
For thumbprint operated account, the right thumbprint of the account holder must be affixed on relevant application form(s) for subscription to CDP services in the future (e.g. CDP Internet access, direct crediting service etc). Affixation of thumbprint must be witnessed and certified true copy of IC/Passport must be furnished to support application.
The account opening form should be dated with the current date of submission of the application. CDP will accept application form dated up to 1 month old upon receipt.
* We reserve the right to reject any application where there is reason to doubt the authenticity of the application.
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17-Mar 2009 Tuesday
3:16 PM (5719 days ago)
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