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Sri Lanka Equity Forum » Stock Market & Forum Help » Direct deposit Dividend to Bank AC ?

Direct deposit Dividend to Bank AC ?

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1 Direct deposit Dividend to Bank AC ? on Wed May 11, 2011 4:20 pm

maalinda


Manager - Equity Analytics
Manager - Equity Analytics
Is there any way that we can request dividends to deposit direct to bank account ??

If YES please explain the procedure.

Thank you.

2 Re: Direct deposit Dividend to Bank AC ? on Wed May 11, 2011 4:27 pm

Slstock

avatar
Director - Equity Analytics
Director - Equity Analytics
@maalinda wrote:Is there any way that we can request dividends to deposit direct to bank account ??

If YES please explain the procedure.

Thank you.

I beleive you need to submit a request letter through your broker with account details.

3 Re: Direct deposit Dividend to Bank AC ? on Wed May 11, 2011 4:37 pm

maalinda


Manager - Equity Analytics
Manager - Equity Analytics
anyone do that ? is it hassle free ?

Thanks slstock will talk to him.

4 Re: Direct deposit Dividend to Bank AC ? on Wed May 11, 2011 4:43 pm

smallville

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics
You have to address a letter to CDS stating your requirement with Acc no, bank, branch code and other relevant information.

5 Re: Direct deposit Dividend to Bank AC ? on Wed May 11, 2011 5:24 pm

xhora

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Or you can give the bank account number as dividend disposal instruction when opening the CDS account. I did.

6 Re: Direct deposit Dividend to Bank AC ? on Thu May 12, 2011 10:23 am

maalinda


Manager - Equity Analytics
Manager - Equity Analytics
Thank you guys.

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