Frequently Ask Questions (FAQs) for
Digital Booth:
1. What is the Digital
Booth of UFTCL?
A digital booth is a smaller version
of a branch office or an extension of the main office where clients will get
the same or similar services as the branch office services of the brokerage
house. It is equipped with all the modern facilities where an investor
can enjoy all the brokerage facilities. UFTCL
digital booth offers the same services and facilities from its digital booth as
its branch office or extension of the main office. UFTCL digital booths are
controlled by its Head Office located at PFI
Tower, (2nd floor), 56-57, Dilkusha C/A, Dhaka-1000,
Bangladesh.
2. Can I
trade directly in Digital Booth?
Answer: Yes, online
stock trading or offline stock trading through authorized representative.
3.
How to deposit money?
Answer: You can deposit check or cash
directly at the digital booth or deposit into our bank account through
BEFTN/RTGS/NPSB.
4.
Any news is given to buy shares?
Answer: No, it is not legal to give any
news of any share purchase.
5.
What is the minimum amount of money that can be invested in the capital market?
Answer: You can start
investing by buying a share with the lowest price in the secondary market.
However, in case of IPO, usually to invest BDT 10,000 only.
6.
When do you have to pay to buy shares?
Answer: After BO
account opening, if investment deposit is confirmed, the shares can be
purchased on the same day during the trade time.
7.
Is there a legal basis for Digital Booth?
Answer: Digital Booths
are operated with the permission of Bangladesh Securities and Exchange
Commission.
8.
Can I deposit cash in the Digital Booth?
Answer: Yes
9.
How much cash can I deposit at the digital booth each day?
Answer: Daily Cash
deposit for maximum BDT 8.75 lakh in City Corporation and Municipality areas
and BDT 2 lakh in rural areas.
10.
How to transact at the digital booth?
Answer: All
transactions or series of transactions, shall be carried out through banking
channel (eg: account payee cheque, pay order, bank draft, BEFTN/RTGS/NPSB).
11. How can I deposit fund to my B/O account?
Answer:
You can deposit in your portfolio account maintained with
UFTCL by BEFTN/RTGS/NPSB; where you do not need to come to bank for cheque or cash deposit physically… Or
You can deposit the money to the
following bank account. After the deposit, email us the deposit receipt
at accounts@uftcl.com
A/C Name |
Name of the Bank |
Account No. |
Name of the Branch |
Routing Number |
United Financial
Trading Company Limited |
The City Bank Ltd. |
1101063854001 |
Principal Branch |
225275357 |
12.
How can I withdraw
fund from my B/O account?
Answer: You can withdraw funds from your
portfolio account maintained with UFTCL using the following methods. Once
approved, fund will be transferred to your bank account through BEFTN/NPSB/RTGS:
·
Instruction
through your registered email mentioning the amount you want to withdraw to
the customer care (customercare@uftcl.com).
·
You
can fill up a ‘requisition form’ and email it to the customer
care (customercare@uftcl.com).
·
You
can send the filled-up ‘requisition form’ to our UFTCL digital booth.
13. What’s the operation time of Digital Booth?
Answer: Digital Booth operation time from 9 am to 5 pm from Sunday
to Thursday and current trading hour is 10.00 AM to 2.30 PM (Trading time set
by regulator from time to time).
14. Can I get other
services in Digital Booth?
Answer:
Get your portfolio statements, ledger statement, tax certificate and other
client services at our digital booth.
15.
What are the charges?
Account
opening fee: BDT 450.
Annual
BO maintenance fee: BDT 450.00
Commission: Competitive.
Share Transfer-In / Transmission-In: 0.0125% of market value of Securities.
Share Transfer-Out / Transmission- Out: 0.0125% of market value of Securities.
Demat: BDT 0.05% of market value
of Securities plus BDT 100.00 per scrip.
Remate: BDT 0.05% for each Securities
plus BDT 100.00 per scrip.
Pledge of Securities: 0.025% of market value of Securities.
Unpledged of Securities: 0.025% of market value of Securities.
Cheque Dishonor: BDT 500.