banner

depositary-participant-dp

Depositary Participant (DP)

As a Depository participant (DP) Himalaya Securities Banker Ltd. acts as an intermediary between the depository system (CDS & Clearing Ltd) and our valued customers. Hence, beneficiary owner can open Demat Account at HSBL and we aim to provide prompt service to all our customers.


Services provided are:

·      Open a Demat account (Beneficial Owner – BO account).

·      Dematerialization and rematerialization of securities.

·      Maintain the record of securities in the electric form.

·      Settlement trades by transferring/receiving the securities from/in BO accounts.

·      Settlement of off-market trades that is occurred between BOs outside NEPSE.

·      Provide electronic credit of securities allotted by issuers during IPOs.

·      Deposit of the non-financial corporate benefits (such as: bonus, right shares, etc.) issued by issuers in the De-Mat account of BO.

·      Facilitation in the pledge/unpledged/freeze/unfreeze etc. of dematerialized securities.