Sunday, April 17, 2011

How to register with Public Investment Bank CDS Account

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My friend is a former Public Investment Bank remisierso i just asked her give me an application form for open share trading account.

What documents need to prepare for open share trading account? 

Just photocopy a clear IC and prepare RM30. 

1) Stamping fees - Letter of Setoff (RM10.00) & Nominees Agreement (RM10.00)

2) Central Depository System (CDS) Account Opening Fee (RM10.00)

After sign up the application, i think in the one week time, i had receive my trading account information.

My friend suggest me open Public Bank Ebanking for convenient do share trading and withdraw or bank in money to the trading account.

Open ebanking Account
U just need open an Public Bank basic saving account, when open account need prepare RM30 (min) for deposit in the account. But after open the account, u can withdraw the money anytime.

When sign up for open Public Bank saving account, i have told the officer, i would like apply online banking in the same time. Its simple for the application, just need sign up some form, and u will be provide a temporary password. The officer will guide u how to activated your ebanking account.

Share Trading Account 

When bank accept your application, u will be provide a contract and some document in black and white. U will know what is your Client Code, PB Sharelink No, CDS Account No and CDS Account Name.

When u want do any share trading by call your remisier or Share Investment Executive, what u need is tell your remisier about your client code.

About PB Sharelink

Introducing PB Sharelink, a product specifically designed to assist you with your share trading and margin financing needs on the Malaysia Securities Exchange Bhd (MSEB). It offers you maximum purchasing power through leveraging against existing funds or collateral to enable you to purchase and invest in shares to capitalise on any emerging opportunities in the stock market.
Whether you are a first-time investor or are looking for alternative investment options to maximise your returns, we will help you find a plan suited to your needs:
Share Margin Financing
Lets you finance the shares purchased using the margin balance available in your account.

Margin Plus Trading
Provides you a combination of margin financing and leveraged trading based on the value of the collateral you have in your account.

Cash Trading
Purchase shares using your own funds.

Collaterised Trading
For a higher trading limit with no margin financing.

Whichever plan you opt for, PB Sharelink will take care of your banking and share trading/investment needs as well as nominee services, all under one roof.
We also have a team of dedicated share investment executives to assist you with your trading activities and banking requirements. And it’s really simple and hassle-free to apply for share investment services with us. You can also apply for Share Margin Financing with Public Bank and opt to conduct your share transactions with any of our panel stockbrokers.

PB Sharelink is available at selected Public Bank branches.
For enquiries, please call our Free-phone at 1-800-88-3323.


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Information about PB Sharelink is from PB Sharelink website.

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