Frequently Ask Questions (FAQs) for Digital Booth:

 

 

1. What is the Digital Booth of UFTCL?

A digital booth is a smaller version of a branch office or an extension of the main office where clients will get the same or similar services as the branch office services of the brokerage house. It is equipped with all the modern facilities where an investor can enjoy all the brokerage facilities. UFTCL digital booth offers the same services and facilities from its digital booth as its branch office or extension of the main office. UFTCL digital booths are controlled by its Head Office located at PFI Tower, (2nd floor), 56-57, Dilkusha C/A, Dhaka-1000, Bangladesh.

2. Can I trade directly in Digital Booth?

Answer: Yes, online stock trading or offline stock trading through authorized representative.     

3. How to deposit money?

Answer: You can deposit check or cash directly at the digital booth or deposit into our bank account through BEFTN/RTGS/NPSB.

4. Any news is given to buy shares?

Answer: No, it is not legal to give any news of any share purchase.

5. What is the minimum amount of money that can be invested in the capital market?
Answer: You can start investing by buying a share with the lowest price in the secondary market. However, in case of IPO, usually to invest BDT 10,000 only.

6. When do you have to pay to buy shares?
Answer: After BO account opening, if investment deposit is confirmed, the shares can be purchased on the same day during the trade time.

7. Is there a legal basis for Digital Booth?
Answer: Digital Booths are operated with the permission of Bangladesh Securities and Exchange Commission.

8. Can I deposit cash in the Digital Booth?
Answer: Yes

9. How much cash can I deposit at the digital booth each day?
Answer: Daily Cash deposit for maximum BDT 8.75 lakh in City Corporation and Municipality areas and BDT 2 lakh in rural areas.

10. How to transact at the digital booth?
Answer: All transactions or series of transactions, shall be carried out through banking channel (eg: account payee cheque, pay order, bank draft, BEFTN/RTGS/NPSB).

11. How can I deposit fund to my B/O account?

Answer: You can deposit in your portfolio account maintained with UFTCL by BEFTN/RTGS/NPSB; where you do not need to come to bank for cheque or cash deposit physically… Or

You can deposit the money to the following bank account. After the deposit, email us the deposit receipt at accounts@uftcl.com

 

A/C Name

Name of the Bank

Account No.

Name of the Branch

Routing Number

United Financial Trading Company Limited

The City Bank Ltd.

1101063854001

Principal Branch

225275357

 

12. How can I withdraw fund from my B/O account?

Answer: You can withdraw funds from your portfolio account maintained with UFTCL using the following methods. Once approved, fund will be transferred to your bank account through BEFTN/NPSB/RTGS:

·         Instruction through your registered email mentioning the amount you want to withdraw to the customer care (customercare@uftcl.com).

·         You can fill up a ‘requisition form’ and email it to the customer care (customercare@uftcl.com).

·         You can send the filled-up ‘requisition form’ to our UFTCL digital booth.

13. What’s the operation time of Digital Booth?

Answer: Digital Booth operation time from 9 am to 5 pm from Sunday to Thursday and current trading hour is 10.00 AM to 2.30 PM (Trading time set by regulator from time to time).

14. Can I get other services in Digital Booth?

Answer: Get your portfolio statements, ledger statement, tax certificate and other client services at our digital booth.

15. What are the charges?

Account opening fee: BDT 450.

Annual BO maintenance fee: BDT 450.00

Commission: Competitive.

Share Transfer-In / Transmission-In: 0.0125% of market value of Securities.

Share Transfer-Out / Transmission- Out: 0.0125% of market value of Securities.
Demat: BDT 0.05% of market value of Securities plus BDT 100.00 per scrip.
Remate: BDT 0.05% for each Securities plus BDT 100.00 per scrip.
Pledge of Securities: 0.025% of market value of Securities.
Unpledged of Securities: 0.025% of market value of Securities.

Cheque Dishonor: BDT 500.