How To Buy And Sell Shares Through GCL- Genghis Capital Ltd

Genghis khan stock trading

Genghis capital is an innovative and customer focused investment solutions provider licensed by Capital Markets Authority ( CMA ). It is listed in the Nairobi Stock Exchange whereby it provides stockbrokerage services.

1. REQUIREMENTS FOR ACCOUNT OPENING

To open an account with Genghis-Capital, you will need to fill in the Account Opening Form

Individual/Joint Accounts (For each account holder)

  • National ID/Passport
  • A Passport-sized color photo
  • A copy of KRA PIN

Sole Proprietorship

  • National ID/Passport of proprietor
  • A Passport-sized color photo
  • Copy of certificate of Registration
  • A copy of KRA PIN

Partnership (For each partner)

  • National ID/Passport copy of each partner
  • Passport-sized photo for each partner
  • Copy of Partnership Agreement/Deed
  • Written approval for account opening by partners
  • Copy of Certificate of Registration
  • A copy of KRA PIN of the company and partners

Self-Help Groups/Informal Agreements/Welfare Societies

  • National ID/Passport copy of each signatory
  • A passport-sized photo of each signatory
  • Committee resolution on approval of account opening
  • List of approved signatories and their specimen signatures
  • Constitution of group or statement that there is no existence of such a constitution
  • Certificate of Registration
  • A copy of KRA PINs of the signatories
  • Append stamp on signed sections

Corporate/Institutional Accounts

  • National ID/ Passport copy of each director and signatory
  • Copy of memorandum and Articles of Association
  • Board resolution on approval of account opening
  • List of approved account signatories and their specimen signatures
  • Copy of Certificate of Incorporation
  • A copy of KRA PIN of the company and the directors
  • Append company seal on all signed sections

Foreign-Individuals/Diaspora

  • National ID/Passport of proprietor
  • A Passport-sized color photo

NB: All documents to be certified by a public notary

See also  How To Buy And Sell Shares Through SCL- Sterling Capital Ltd

Foreign Corporate

  • National ID/Passport copy of each director
  • Two Colour Passport-sized photos of director
  • Copy of Memorandum and Articles of Association
  • Evidence of residence of director (Utility bill-last three months, no mobile phone bills accepted)
  • Evidence of residence of company/ institution
  • Evidence of income of the company (Bank statement)
  • Board resolution on approval of account opening
  • Power of attorney stating mandate given to local representative Copy of Certificate of incorporation

2. TRADING PLATFORMS

Genghis-Capital offers 2 trading platforms namely;

3. ONLINE TRADING REGISTRATION

Navigate to the online trading portal

Click on ‘Register Now!’

You will be redirected to the User Registration page whereby you will be required to input CDS code, National ID/Passport ID or Incorporation No and email address.

Click ‘Submit’

4. MOBILE TRADING REGISTRATION

Download, install and launch the G-Kuze app

Create an account by filling in the required details, read and accept the Terms Of Service then submit.

Upon successful submission, a verification link will be sent to the email address provided during registration.

To begin trading for new clients, completion of all profile details as well as submission of the necessary documents is MANDATORY.

Once this is done, a confirmation of receipt email will be sent to the email address provided further advising on how to proceed with account activation.

5. FEES

Commission is charged on all transactions both (buy & sell). For transactions:

  • Below Ksh 100,000, fee is 2.71%
  • Ksh 100,000 and above, fee charged is 1.8%

One-off monthly fee of Ksh 100

6. PAYMENT OPTIONS

Payments can be made via 3 options:

See also  How To Invest in Shares in Kenya For Beginners [2023]

1. BANK

Bank: EQUITY BANK, Community Corporate
Account Name: Genghis Capital Ltd
A/C No: 0180293587134
Swift Code: EQBLKENAXXX

Bank: CO-OPERATIVE BANK, Moi Avenue Branch
Account Name: Genghis Capital Ltd
A/C No: 01136123996300
Swift Code: KCOOKENAXXX

Bank: SIDIAN BANK, Kilimani Branch
Account Name: Genghis Capital Ltd
A/C No: 01036020017636
Swift Code: SIDNKENAXXX

Bank: SBM BANK (K) LTD,City Center
Account Name: Genghis Capital Ltd
A/C No: 0012004361002
Swift Code: SBMKKENAXXX

2. MPESA

M-PESA Paybill No: 931500
Account No: Client CDS Account No

3. GKUZE APP

7. FUNDS WITHDRAWAL

Email instructions can be sent or the withdrawal done via GKUZE app.

8. STATEMENTS AVAILABILITY

Statements can be viewed through the online link, GKUZE app or by request to be shared via mail.

9. CONTACTS

Genghis Capital Ltd
1st Floor Purshottam Place Building, Westlands Road
P.O. Box 9959-00100, Nairobi Kenya
Tel: 0730 145 000 / 0709 185 000
Fax: 246334
Email: info@genghis-capital.com

konvigilante

https://www.facebook.com/TheKonvigilante https://www.twitter.com/Konvigilante

Share your thoughts

Discover more from Mobifinancehub

Subscribe now to keep reading and get access to the full archive.

Continue reading