Thinking about buying stocks in Bangladesh? You'll need a BO Account, which stands for Beneficiary Owner Account. It acts like a bank account for your investments, holding all your electronic shares. This is required for both newly issued shares (IPOs) andmost existing shares on the stock market.

There are two main BO Account types:
     
Individual/Joint BO: This is for individualinvestors or those investing together (joint).
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NRB BO: This is specifically forNon-Resident Bangladeshis who want to participate in the market.

There's also a Link BO account,used to transfer your existing BO account to a different broker.

Opening a BO account is easy! You can open a BO account in 2 easy ways:

Method 1: Online BO account Opening-
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Just click on the link we provided: BO Account, Fill out the form completely, and our dedicated BO department will take care of the rest. They'll verify your information, and once everything checks out, your BO account will be automatically activated.

Keep an eye on your email! You'll receive a BO Account Confirmation email once the verification process is complete. This email confirms your account is ready touse for buying and selling stocks.

Method 2: Offline BO account Opening-
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Collect a BO account opening Form from your nearest K-Securities & Consultant Limited’s Office, Fill upthe form & with required papers submit it to our office.

Required papers for Account opening:

‍Individual/Joint Account:· 
      
⚈ Duly filled BO Account opening forms·       
⚈ National ID Card Photocopy (Both side) of each applicant·       
⚈ Bank Cheque leaf (MICR Cheque) photocopy or Bank Certificate of the applicant.·       
⚈ Two copies passport size photographs withsignatures for each applicant.·       
⚈ Two copies Passport size Photograph ofNominee. (Signed by nominee & attested by applicant)

‍Company Account·       

⚈ Duly filled BO Account opening forms·       
⚈ Photocopy of Trade License.(Attested by gazetted officer)·       
⚈ Photocopy of TIN Certificate. (Attested by gazetted officer)·       
⚈ 3 copies passport size photographs of authorized person. (signed by authorized person)·       
⚈ Photocopy of National ID Card (Both side) of the Authorized Person. (signed by authorized person)·       
⚈ Photocopy of Bank Certificate (attested by authorized person)

‍NRB Account·       

⚈ Duly filled BO Account opening forms·       
⚈ Foreign Currency (F/C) account·       
⚈ F/C account’s Bank Certificate.·       
⚈ Valid Passport photocopy.·       
⚈ Evidence of residing abroad ( Students ID card/Work permit/Green card/Employment certificate )·       
⚈ 2 copies passport size photographs with signatures for each applicant.·       
⚈ Nominee details (01 copy passport size photograph singed by the client)·       
⚈ Form 20 for Power of Attorney.·       
⚈ One Copy Passport size Photograph of Authorized Person or Power of Attorney. (Signed by authorized person or powerof attorney & Attested by applicant)

Note: For link account you have to attach photocopy of existing BO Account Profile.

In Bangladesh,an individual can typically open a maximum of two BO accounts from a single brokeragehouse.·       

⚈ One account can be openedin your own name (single account).·       
⚈ The other account can be a jointaccount with another person.
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