Wanted to operate a CDS account with them today but they pissed me off.

Why do they need my recent bank statement plus water/stima bill?

Does this mean a hawker and Wanjiku cannot trade in shares at CFC brokerage wing?

I will remain with Ekwete until mother notice.

just trying minimisising money laundering

KYC ni lazima!I'm surprised you would complain about your broker doing their job.I also don't think they allow or deny you membership based on how much you earn.They are only interested in commissions.

Any credible broker/or bank usually ask for them for 2 main reasons 1. Anti-money laundering and 2. Prevention of fraud by impersonation. If you have money, and your a/c is in those banks that don't have this kind of global standards documentation, then chances are you might wake up to find your a/c empty. If your a/c has < 100k, don't worry nobody is going to take a risk to steal; the reason why Equity thrives despite less stringent documentation.

I also drew a kamap.Good 4 me so no complaining.

How come I was never told to draw a map when opening? I'm feeling left out

purpose of drawing the map is to document, your residential adress. Incase you have a utility bill(best when in your name), or the staff understand where you live and volunteer to draw for you don't need to.

Yeah, I gave the utility bill. Though I've actually never traded with them. Just the account, for now

And in the absence of an elec/water bill?