Sign Georgia Banking Stock Certificate Easy

Industry sign banking georgia stock certificate easy

how do you convert old share certificates into an electronic form through a cds account you must open a cds account an electronic account like a bank account that holds shares only and have the shares deposited into your account otherwise you will not be able to trade in those shares the process is called a mobilization of shares to immobilize your shares follow the following steps one open a cds account visit any licensed stock broker or investment bank or custodian even the one through whom you bought the shares that are still in certificate form you will need your original identification documents that is id or passport two passport size photographs and the original and copies of the share certificates to enable you open a cds account no money is required to open an account step 2 present share certificates to your stock broker or investment bank where you have opened a cds account step 3 fill in and sign security deposit form cds 2 which the stock broker or the investment bank will give you make sure you sign your form with the signature you used when buying the shares step 4 return security deposit form cds2 to your stock broker investment bank together with the certificates you have included on the form to be deposited step 5 collect your duplicate copies you will be given a duplicate copy of the completed and signed form after the stock broker or investment bank has counter signed as evidence of your deposit note steps one to five can be done on the same day you just need to visit a licensed stock broker or investment bank with original and copies of your national identity documents and your old share certificates and share statements or dividend letters as proof step 6 verification of your share certificate your stock broker or investment bank will forward the form and the certificate to the company whose shares you own to the share registrar for verification a share registrar is the entity that carries out share transfers transmission and consolidation of shares of on behalf of a company and attends to queries relating to non-receipt of dividends on shares of the company step seven deposit of your shares into your new cds account when the share registrar confirms the certificates is genuine they will forward the verified forms to cdsc and the shares will be deposited in your account once the shares are in your account you can trade in them step 8 keep the documents that proof your shares are deposited into your new cds account safely you will receive from your stock broker investment bank some documents as evidence that your shares have been deposited into your cds account these are duplicate copy of the deposit form cds2 a monthly statement from cdsc if you have a trade that month a statement upon request even without a trade issued directly to your email or postal address as indicated on the form keep these documents safely