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Whether you wish to open an account with your loved one, business partner or friend, you can choose between a joint-signatories or alternate-signatory account, provided that both of you are at least 18 years old and not undischarged bankrupts.
The difference between the two accounts is that, as the names suggest, an alternate-signatory account requires one of you to authorise any action involving the account, while the joint-signatories account requires both your signatures.
You may wish to note that for a joint securities account:
- applications for Initial Public Offers cannot be made
- trading of securities under a joint-signatories account is not allowed
- application for CDP Internet Access under a joint-signatories account is not allowed
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You'll Need :
Depending on your nationality, the following original documents:
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| Nationality |
Original Supporting Documents required |
| Singaporean |
Identification card (IC)/ Passport with > 6 months validity |
| Malaysian |
Malaysian IC/ Passport with > 6 months validity |
| Permanent Resident of Singapore |
Singapore blue IC / Passport with > 6 months validity and entry or re-entry permit |
| Other nationality |
Passport with > 6 months validity |
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If you are overseas:
Send your completed application form* , together with the certified true copies of the supporting documents, to CDP. You must also sign on the photocopied IC/passport.
Do ensure that your signature on the application form is verified and the supporting documents are certified by one of the following :- - Singapore Embassy;
- Notary Public officially registered with the country’s governmental institution;
- Advocates & Solicitors (preferably with branch in Singapore);
- Justice of Peace;
- Commissioners for Oaths
Alternatively, you can opt to open your direct securities account through any SGX Securities Member Companies, which is a member of SGX.
Other important things to note:
- Applicants who wish to use a PO Box address as their mailing address are required to provide a residential address which is consistent with the records shown on either one of their ICs.
- If mailing address of the securities account is a foreign address, the account holders will not receive any rights document in relation to any corporate event. In order to receive the rights document, the account holders will be required to maintain a separate rights mailing Singapore address.
- If account holders wish to use stockbroking company’s address as mailing and/or rights address, a letter of undertaking duly signed by 2 authorized signatories of stockbroking company with their names indicated and affixation of company stamp has to be submitted.
- All alterations on account opening form have to be counter-signed by account holders. An account opening form with more than 3 alterations will be rejected and a new form has to be filled for submission.
- For thumbprint operated account, the right thumbprint of the account holder must be affixed on relevant application form(s) for subscription to CDP services in the future (e.g. CDP Internet access, direct crediting service etc). Affixation of thumbprint must be witnessed and certified true copy of IC/Passport must be furnished to support application.
- The account opening form should be dated with the current date of submission of the application. CDP will accept application form dated up to 1 month old upon receipt.
* We reserve the right to reject any application where there is reason to doubt the authenticity of the application.
Opening of Securities Account
Individual
Corporate
Account Opening Forms
List of SGX Member Companies
List of Depository Agents
Terms & Conditions
FAQs
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