To buy/sell shares you require to;
Fill the purchase/ sales order form found on the website www.equitybank.co.ke,
Scan the form and send it to Kenyans.Abroad@equitybank.co.ke
Send the funds to your bank account.
We will debit your account and buy the shares.
Contact us to establish follow up.
NSE levies 2.1% or ksh100 whichever is higher for turnover below Ksh 100,000/= and 1.8% for turnovers of ksh 100,000/= and above.
Equity Bank will charge a flat rate of KES 300 per instruction/order.
SHARE PURCHASE ORDER
When a share purchase order is put in; the customers’ deposit account is debited. The order is then forwarded to the market where it remains valid for three working days.
Successful Share Orders;
If the order is fulfilled then the difference (between the input price and the actual purchase price) between the prices debited at is refunded into the customer’s deposit account.
For successful share purchase orders; the shares are credited into the customers CDS account on the fifth business day after orders’ execution at the Nairobi Stock exchange.
Unsuccessful Share Purchase Orders- occurs due to:
· lack of the shares in the market
· lack of willing sellers at the purchase price given
In the cases where the purchase order is not successful at the end of the third business day, the funds are credited back to the customers account and customer has to put a new order to purchase.
SHARE SELL ORDER
A share sale order once received is input into the system. It is valid for 3 working days.
If the sale is successful; the money is credited into the customers account on the 4th business day after the sale.
Unsuccessful Share sale Orders- occurs due to:
· lack of the buyers in the market
· lack of willing buyer at the selling price given
Click here to visit the Nairobi Stock Exchange Website
For more information kindly call us on:
Telephone:
+254 020 2262 484/483/482/481
+254 711 026 484/483/482/481
+254 732 112 484/483/482/481
|
