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

Sterling capital Ltd stock trading

Sterling Capital Limited (Sterling) was incorporated as a limited liability company in 1981 to provide investment and financial advisory services. As part of such services, it buys and sells shares and bonds listed in the Nairobi Stock Exchange ( NSE ) on behalf of clients.

1. REQUIREMENTS FOR ACCOUNT OPENING

Individual & Joint Account Requirements:

  • 2 recent passport-size photos
  • 1 copy of ID or passport
  • 1 copy of KRA pin certificate
  • Completed and signed account opening (CDS1) and Client Mandate Form.

Corporate or Group Account Requirements:

  • 2 recent passport-size photos for each signatory
  • 1 copy of ID or passport for each signatory
  • 1 copy of KRA pin for each signatory
  • 1 copy of certificate of incorporation/registration certificate
  • 1 copy of KRA pin for the company
  • Board’s resolution to open account with Sterling Capital Limited
  • Articles & Memorandum of Association
  • Completed and signed account opening form(CDS1) and Client Indemnity Form
  • A company seal or stamp to be appended on the (CDS1) and Client Indemnity Form

2. TRADING PLATFORMS

Sterling Capital Ltd offers 1 trading platform 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. FEES

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

  • Below Ksh 100,000, fee is 2.1%
  • Ksh 100,000 and above, fee charged is 1.8%

5. PAYMENT OPTIONS

Payments can be made via 2 options:

1.BANK

Account Name: Sterling Capital Limited
Bank Name: CFC Stanbic Bank Kenya
Branch Name: Kenyatta Avenue Branch
Account Number: 0100000665279

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Account Name: Sterling Capital Limited
Bank Name: Development Bank of Kenya
Branch Name: Finance House – Loita Street
Account Number: 0200810007

Account Name: Sterling Capital Limited
Bank Name: Equity Bank of Kenya
Branch Name: Kimathi Street
Account Number: 0260291595043

Account Name: Sterling Capital Limited
Bank Name: Diamond Trust Limited
Branch Name: Wabera Street
Account Number: 0006244004

US Dollar Account
Account Name: Sterling Capital Limited
Bank Name: CFC Stanbic Bank Kenya
Branch Name: Kenyatta Avenue Branch
Account Number: 0100000667824
Swift Code: SBICKENX

2. MPESA

Paybill Number: 303950
Account Number: Client CDS Number

6. FUNDS WITHDRAWAL

8. STATEMENTS AVAILABILITY

Statements can be requested through email via statements@sterlingib.com

9. CONTACTS

Sterling Capital Ltd
Barclays Plaza, 11th Floor, Loita Street,
P.O. Box 45080- 00100
Tel: 2213914/244077/ 0723153219/0734219146
Fax: 2218261
Email: info@sterlingib.com

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