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CDSC STATEMENT
QW25091985
#11 Posted : Wednesday, May 16, 2012 10:28:28 AM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
young wrote:
xxxxx wrote:


BTW, if you give them your bank account number, they will send the dividend by EFT


VVS..Does this apply to investors not based in Kenya??


EFT of dividend to a foreign bank account s almost an impossible task because as you know dividend i ksh denominated.
Your best best as a non resident is to set up a local bank account mainly for dividend payment in Kenya. Besides there is a procedure to link your bank account to CDSC. There is a standard form to collect from your broker that will be endorsed by both your stock broker and your local bank and submited through your broker to CDSC.

I am a non resident foreign investor and this was exactly what I did a few years back.

Hope this helps ?[/quote]


itsNOT "almost an impossible task' its actually IMPOSSIBLE because when registering your bank using the cdsc online system there's no option for foreign banks just local ones !
murchr
#12 Posted : Saturday, December 07, 2013 3:22:32 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
I've noted a COBC-C on my statement hio ndio nini?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
obiero
#13 Posted : Sunday, December 08, 2013 2:41:35 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,244
Location: nairobi
BGL wrote:
It seems CDSC have not been updating my online statement. Is it just me or are there other people experiencing the same problem.

They do update. I have no such problem

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