SMB Securities (Pvt) Ltd
Your Stockbroker

OPEN AN ACCOUNTcopy

STEP 01- OPENING AN ACCOUNT WITH CDS

To start trading you need to open a securities account in central depository system through SMB Securities.

Download and print CDS forms.

 Local Individual            Foreign Individual            Local Company            Foreign Company

OR Visit our office to collect the forms.

STEP 02- FILLING UP FORM AND THE OTHER REQUIREMENTS

Fill the above forms clearly.
Attach the following,

LOCAL INDIVIDUAL

  • A copy of NIC
  • Utility Bills for proof of residency (dated within 3 months period)

LOCAL COMPANY

  • Filled forms should be authorized by 2 directors & the company embossed seal.
  • A copy of the company memorandum
  • Latest available top ten shareholder list
  • Details including director’s names, NIC or Passport Numbers and addresses in a letter from the company secretary
  • Board resolution
  • Utility Bills for proof of residency (dated within 3 months period)
  • SIERA Account Details

FOREIGN INDIVIDUAL

  • Copy of Passport
  • Utility Bills for proof of residency (dated within 3 months period)
  • SIERA Account Details

FOREIGN COMPANY

  • Filled forms should be authorized by 2 directors & the company embossed seal.
  • Copy of the company memorandum
  • Latest available top ten shareholder list
  • Details including the director’s names, Passport Numbers and addresses in a letter from the company secretary
  • Board resolution
  • Copy of the “certificate to commence business” where relevant
  • Certificate of good standing
  • SIERA account details.
  • All the relevant documents should be certified by a Sri Lankan diplomat or consular officer, solicitor, attorney-at-law or notary public.

STEP 03- SUBMISSION OF FORMS

SMB Securities would open your CDS account within 3 days as you submit all the forms required. A specific broker will be assigned to each client or client can choose for a broker of their choice.
Your broker will contact you as soon as the CDS account is opened.