Transferring one’s BO account from one broker house to another (like ours) is easy. It is a very simple process and under the guidelines of the Bangladesh Securities and Exchange Commission (BSEC) and the Central Depository Bangladesh Limited (CDBL) you are legally allowed to switch broker houses. If you wish to change your broker house and move your portfolio to Midway Securities Ltd., simply let us know. Simply fill out this Link Account form. We will first open a link account under the portfolio name. Then we will provide you transfer and transmission request documents for you to submit to your existing broker. If you do not have any margin loans or any outstanding monetary debt to your existing broker, that broker house is legally obligated to accept your transfer and transmission request without any question. Once they approve it, we will simply transfer all your shares from that broker house to your new link account here at Midway Securities Ltd. All your data will be the same. You will have the exact number of shares, cost price and profit/loss and so on. If you have any matured fund left with that broker house, simply withdraw that fund from there and deposit it in your new link account here with us.
The Midway Team