WHAT IS A BO ACCOUNT?

BO Account stands for Beneficiary Owner's Account. If you want to start investing and stock trading in the stock market in Bangladesh then you need to open a Beneficiary Owners account. Just like a Bank Account is used to hold your money, your BO account is used to hold your shares. All shares from new IPO’s and most of secondary market shares are in electronic form and a BO account, owned by you the investor, holds the electronic shares.

HOW DO I OPEN A BO ACCOUNT?

Opening a BO account is the first step to start trading in the stock market in Bangladesh. To open a BO account, simply click on this link: BO Account. Once you fill it out, your BO account will be opened automatically by our BO department. Please check your email for BO Account Confirmation once the BO department is done verifying your information.

WHAT DOCUMENTS ARE REQUIRED TO OPEN A BO ACCOUNT?

To open a Single/Joint BO Account you simply need the following documents. • Passport sized photos of the account holder/holders • Bank Account details • National ID/Passport photocopy

WHAT DOCUMENTS ARE REQUIRED TO OPEN A NRB BO ACCOUNT?

To open a NRB BO Account you simply need the following documents: • 2 passport sized photos of the account holder/holders • Photocopy of Passport/Social Security Card/Resident Card etc. duly attested • Local Foreign Currency Bank Account Statement in Bangladesh and a (optional) Local Bank Account Statement

WHAT IS THE COST OF OPENING A BO ACCOUNT?

Opening a BO account costs only Tk. 450.

primary (IPO) and secondary share? What's the difference?

A primary shares is where brand new shares (or bonds) are created and offered to the public (for example through an Initial Public Offering or IPO, mainly through lottery). The secondary market is where after IPO, issued shares (or bonds) are traded, i.e.: the Stock Exchange (through regular buying and selling).

Which BO Account Should I open? Primary (IPO) or Secondary?

Actually there is only one type of BO account. And you can use any BO account for both applying for IPO (primary) and also Buy & Sell shares (secondary). All BO accounts have the same functions.

WHAT DO I DO AFTER OPENING A BO ACCOUNT?

After opening a BO account you simply need to put money into your BO account to start buying shares in the Dhaka Stock Exchange. Simply fund your BO account from your bank account. You can deposit money into your BO account by using cash, cheque, Electronic Fund Transfer, online bank deposit, payorder and bKash, Rocket or Nagad (1% service fee for using bKash, Rocket or Nagad only) or your Credit Card.

HOW DO I BUY STOCKS OR SHARES IN THE DHAKA STOCK EXCHANGE?

After you have opened a BO account and deposited money into that account, you are ready to buy (and sell) shares. You can buy/sell stocks in multiple ways:

  • Online (through our Mobile app or iTrade on our website)
  • Over phone by call our Authorized Representative: +8809611777701
  • Visiting your nearby branch to place a buy or sell order