Frequently Asked Questionsবাংলা

BO Account stands for Beneficiary Owners 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 IPOs and most of the secondary market shares are in electronic form and a BO account, owned by you the investor, holds the electronic shares.

In general, there are two types of Beneficiary Owners accounts. One is Single/Joint BO and the other is NRB BO (Non-Residential Bangladeshi). Besides, there is also another account called Link BO, which is used to transfer your existing BO account from one broker house to another broker house. As you are a general investor you need to open a Single or Joint BO account. A person can open two Beneficiary Owners accounts in his/her in Anwer Khan Modern Securities Ltd.: one single account and one joint account.

BO Account stands for Beneficiary Owners 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 IPOs and most of the secondary market shares are in electronic form and a BO account, owned by you the investor, holds the electronic shares.

In general, there are two types of Beneficiary Owners accounts. One is Single / Joint BO and the other is NRB BO (Non-Residential Bangladeshi). Besides, there is also another account called Link BO, which is used to transfer your existing BO account from one broker house to another broker house. As you are a general investor you need to open a Single or Joint BO account. A person can open two Beneficiary Owners accounts in his/her in Anwer Khan Modern Securities Ltd.: one single account and one joint 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.

To open a Single/Joint BO Account you simply need the following
• 2 copy Passport sized photos of the account holder/holders
• Bank Account details (Photocopy of Cheque)
• National ID/Passport photocopy
• Nominee Photo 2copy
• Nominee National ID/Passport photocopy

To open an 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 • Employment certificate/trade license/work permit or Pay slip/tax return document photocopy as proof of earning the status of the NRB
• 1 passport size photo of Nominee with National ID/Passport photocopy
• A nominated person with POA (Power of Attorney) who will sign trading documents on behalf of the NRB while he/she is abroad. His/her photo (attested by the NRB)

Opening a BO account costs only Tk. 100.

A primary share 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).

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.

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(up to 8,75,000/-), cheque, Electronic Fund Transfer, online bank deposit, pay order or your Credit Card.

For Bank Deposit: Click here

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 the phone by calling our Authorized Representative: 01730707063
• Visiting your nearby branch to place a buy or sell order.

Head Office- Rangs Panorama,Office Space # A-5 (5th Floor), 780 (Old), 80 (New), Shatmosjid Road Dhanmondi, Dhaka-1209, Tel: 02-48119316, Mobile: 01730-707063
Branch Office (Motijheel)- Eunoos Trade Centre (Level-4, North-East Side & Level-18 South-West Side), 52-53 Dilkusha C/A Dhaka-1000, Mobile:01730-707079, Dhaka-1000.
Extension Office (Banglamotor)- Rupayan Trade Centre (10th Floor, North-East Side) 114, Kazi Nazrul Islam Avenue Banglamotor, Dhaka-1000, Mobile: 01730-707078
Extension Office (Gulshan)- Room # 02, Taj Marriot (2nd Floor), Plot SW (I) 4, 25,Gulshan Avenue, Dhaka-1212, Mobile: 01730-707061

If you wish to invest in the secondary market, there is no minimum amount.

An IPO, or initial public offering, is the process by which a privately held company begins selling stock to outside investors, thus becoming a public company. From that point on, the company can raise the capital it needs by selling shares, but it must also comply with a strict set of reporting guidelines, as established by the Bangladesh Securities and Exchange Commission (BSEC). An IPO is a subscription process where you simply apply for an IPO through Anwer Khan Modern Securities Ltd. Based on the overall demand for the IPO you will receive IPO shares. The service charge for applying for an IPO is only Tk. 10 total.

You can apply online for all the latest IPOs. Fill out the form and we will take care of the rest. Just make sure you have enough balance in your Anwer Khan Modern Securities Ltd. BO account.

Depositing money into your BO account is very easy. You can deposit from any bank account in Bangladesh, free of charge. You can do an online deposit or a physical deposit.
For Bank Deposit: Click here

All you have to do is fill out this form online. We will deposit your fund directly to your bank account via Bangladesh Electronic Fund Transfer Network. (BEFTN).

Yes, we do. We email portfolios, ledgers, and trade confirmations daily, after 5 pm. Just write down your email address when your open your BO account with us.

The Dhaka Stock Exchange does. The organization conducts monthly training programs for anyone willing to learn or enhance his or her market knowledge. Regular courses include programs on Fundamental Stock Analysis, Technical Stock Trading, Equity Portfolio Management, Valuation of Shares and many more. There are several courses and diplomas available through this wonderful Training Academy. You can check out the monthly schedule by clicking here. And if you have selected the ones you like, just click here to register. Anyone can apply.

We have a wonderful blog that will help you learn about the Stock Market. We regularly write articles in English and in Bangla to help you learn about how to be successful in buying and selling the right stocks. You can also speak to our dedicated portfolio managers who can help you learn even more. You can visit, call, email, or even send me a message on Facebook to learn and stay connected.