Open An Account

REQUIREMENTS FOR OPENING A CDSC ACCOUNT

To open a CDSC Account which is the trading account, please download and complete the Account Opening Form attached below. Once complete, the form can be sent to us via E mail, post or delivered to our Office.

 

Below is the list of requirements for opening a CDSC account-

Individuals:

  • Two (2) recent colour passport photographs
  • Original and Copy of ID/ Passport – (For investors outside Kenya, a notarised copy of passport or ID will be required)
  • A copy of PIN Certificate
  • A copy of Utility Bill
  • Duly filled  Faida Account Opening Form 

 Companies:

  • ID/Passport Copies of the Directors
  • Copy of PIN Certificates for the Directors
  • 2 colour passport photographs of each Director
  • Copy of Company Certificate of Incorporation
  • Company Seal affixed on the Account opening form.
  • Copy of Memorandum of Articles
  • Company resolution clearly indicating the authorized signatories of the Account.
  • Duly filled Faida Account Opening form

 Business Name:

  • ID/Passport Copies of all Proprietors
  • 2 colour passport photographs of each Proprietor
  • Copy of Business Registration Certificate
  • Company Stamp affixed on the Account opening form
  • Duly filled Faida Account Opening Form

Self Help Groups:

  • Minutes from the group appointing the signatories
  • ID/Passport Copies of all appointed signatories
  • 2 colour passport photographs of each Signatory
  • Copy of Registration Certificate
  • Company Stamp affixed on the Account opening form
  • A correctly filled out CDS Account Opening Form


Download the form below:

 

Account Opening Form
Account Opening Form
Faida Account opening form.pdf
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