Cscsnigeriaplc Form
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People also ask
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What does CSCS account mean?
Central Securities Clearing System Plc [CSCS] is Nigeria's Central Securities Depository (CSD) licensed to carry on the depository, clearing and settlement of all transactions in the Nigerian Capital Market.
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What is CSCS settlement?
CSCS performs clearing and settlement functions for admitted securities traded on the NASD OTC market. Clearing and settlement is “Delivery versus Payment'.. CSCS provides a safe and cost effective solution for depository services and holds the admitted securities in a dematerialized form.
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How much is CSCS account?
Below are the fees and charges that apply to all CSCS PLC product and services SERVICESCURRENT PRICE (₦) SPECIAL ACCOUNTS 1 Individual ₦5,600 + 7.5% VAT 2 Family ₦11,200 + 7.5% VAT 3 Corporate ₦11,200 + 7.5% VAT69 more rows
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How do you pay for CSCS?
Subscription fee may be paid online (using your ATM card), through online transfer (internet banking) or cash deposit into any of our two accounts.
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How do I check my shares in CSCS?
How do I monitor my investment? Please visit any of our offices in Lagos or Abuja with a valid Identity card to conduct a global search of all your shares in the Nigerian Capital market. You can also make this request through your active Stockbrokerage firm.
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What is the meaning of CSCS?
CSCS stands for Central Securities Clearing System. They are market overseers on the Nigerian Stock Exchange. Your CSCS number is a number assigned to you after you open a new brokerage account.
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How much are CSCS fees in Nigeria?
Below are the fees and charges that apply to all CSCS PLC product and services SERVICESCURRENT PRICE (₦) 1 CSCS Plc Fee NGX 0.3% on Sales + 7.5% VAT 2 CSCS Plc Fee NASD 0.2% on Sales/Buy + 7.5% VAT 3 CSCS Plc Fee LCFE 0.2% on Sales/Buy + 7.5% VAT 4 Nominal Transfer 0.3% of Total Security Value + 7.5% VAT69 more rows
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What is the full meaning of CSCS?
"CSCS" means Central Securities Clearing System Limited.
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