BSEC launches digital BO account opening | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Thursday
July 03, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
THURSDAY, JULY 03, 2025
BSEC launches digital BO account opening

Stocks

TBS Report
09 February, 2021, 09:15 pm
Last modified: 09 February, 2021, 09:16 pm

Related News

  • BSEC rejects Confidence Cement’s rights share application
  • Integrated framework to be developed for listing MNCs, robust local companies: BSEC
  • BSEC slaps record Tk1,100cr fines for share rigging, recovery almost zero
  • Tk2.52cr fines levied by BSEC for securities law breaches in May
  • Berger Paints gets BSEC approval to issue rights shares

BSEC launches digital BO account opening

Stock market investors and NRBs will now be able to open BO accounts remotely

TBS Report
09 February, 2021, 09:15 pm
Last modified: 09 February, 2021, 09:16 pm
BSEC launches digital BO account opening

The Bangladesh Securities and Exchange Commission (BSEC) inaugurated the digital Beneficiary Owners' (BO) account opening system on Tuesday, in Dubai as well as at its own premises.

Stock market investors, especially non-resident Bangladeshis (NRBs), will now be able to open BO accounts online.  

BSEC commissioners Professor Dr Md Mizanur Rahman and Md Abdul Halim, Managing Director of the Central Depository Bangladesh Ltd (CDBL) Shuvra Kanti Choudhury, Chief Executive Officer of Central Counterparty Bangladesh Ltd Farhad Ahmed, BSEC executive directors, and representatives of the stock exchanges were present on the occasion.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

The regulator said opening BO accounts will now be easier as investors will not need to go to brokerage houses in person.

Online BO account opening will increase investors' participation in the stock market.

BSEC Commissioner Dr Shaikh Shamsuddin Ahmed said the regulator wants to spread brokerage services across the country. Therefore, digital BO account opening will also enable the participation of investors in rural areas.

He said it will reduce the time for investors and minimise the number of accounts opened using fake information.

Opening BO accounts online, will not only increase the participation of investors in the capital market but there will also be fresh investments because of new BO accounts, causing trade volume to increase, said speakers.

To open BO accounts online, investors need to go to the CDBL website and select the "depository participant" option. Then, they need to fill in the necessary information, including their NID card numbers.

Some information fills in automatically once investors submit their NID card numbers. After that, they need to fill in banking information and will receive a confirmation message if the information is correct.

Investors will also be able to pay BO account fees through online payment systems.

Economy / Top News

BSEC / BO

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infograph: TBS
    What it will take to merge crisis-hit Islamic banks
  • Govt to pay 3-year high ACU bill of $2b next week
    Govt to pay 3-year high ACU bill of $2b next week
  • A file photo of the NBR Bhaban in Agargaon, Dhaka
    NBR officers gripped by fear as govt gets tough  

MOST VIEWED

  • Govt lowers interest rates on savings instruments
    Govt lowers interest rates on savings instruments
  • File photo of Bangladesh Public Service Commission logo. Photo: Collected
    Repeat recommendations in 44th BCS spark vacancy fears
  • File photo of Chattogram Port/TBS
    Ctg port handles record 32.96 lakh containers in FY25, revenue hits Tk75,432 crore
  • Chief adviser’s Special Envoy for International Affairs and Adviser Lutfey Siddiqi
    Fake documents submission behind visa complications for Bangladeshis: Lutfey Siddiqi
  • Zakir Hossain. Photo: Collected
    Ctg customs commissioner suspended for joining NBR officials' 'complete shutdown'
  • Controversial taxman Matiur’s rulings cost govt Tk1000cr in lost revenue
    Controversial taxman Matiur’s rulings cost govt Tk1000cr in lost revenue

Related News

  • BSEC rejects Confidence Cement’s rights share application
  • Integrated framework to be developed for listing MNCs, robust local companies: BSEC
  • BSEC slaps record Tk1,100cr fines for share rigging, recovery almost zero
  • Tk2.52cr fines levied by BSEC for securities law breaches in May
  • Berger Paints gets BSEC approval to issue rights shares

Features

Illustration: TBS

The buildup to July Uprising: From a simple anti-quota movement to a wildfire against autocracy

12h | Panorama
Illustration: TBS

Ulan Daspara: Remnants of a fishing village in Dhaka

2d | Panorama
Photo: Collected

Innovative storage accessories you’ll love

3d | Brands
Two competitors in this segment — one a flashy newcomer, the other a hybrid veteran — are going head-to-head: the GAC GS3 Emzoom and the Toyota CH-R. PHOTOS: Nafirul Haq (GAC Emzoom) and Akif Hamid (Toyota CH-R)

GAC Emzoom vs Toyota CH-R: The battle of tech vs trust

3d | Wheels

More Videos from TBS

Will Syria normalise relations with Israel?

Will Syria normalise relations with Israel?

11h | Others
Multinational companies' participation in the Israeli massacre in Gaza

Multinational companies' participation in the Israeli massacre in Gaza

12h | Others
July fighter Fahim doesn't want to be a burden.

July fighter Fahim doesn't want to be a burden.

12h | TBS Stories
The government has reduced the profit on savings certificates; what is its impact on the common man?

The government has reduced the profit on savings certificates; what is its impact on the common man?

13h | Podcast
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net