CDBL definition
Examples of CDBL in a sentence
CDBL transfers the customer’s balance to NBLSL which NBLSL transfers to the customer upon request for withdrawal.
CDBL transfers securities and debits/credits the account of the customer in respect to such transfer of securities.
You must provide your information in accordance with Form-02 as required under CDBL Bye Laws 7.3.3(b) and also provide a signed declaration acknowledging and agreeing to comply with the terms and conditions of operation of the Depository Account with NBLSL as per Annexure E of the Bye Laws and any other information necessary for e-KYC.
NBLSL routes customer orders in securities to the stock exchanges, which routes orders to transfer such securities in the account of the customer held under Central Depository Bangladesh Limited (CDBL).
At all times CDBL holds the shares in the customer’s account and transfers in respect to orders from the customer.
Application will also be made simultaneously to the CDBL for declaring the fund as eligible securities for listing as per clause 4.1.2 of the CDBL Bye Laws.
This Agreement is subject to all applicable operating circulars of Bangladesh Securities & Exchange Commission, DSE, CSE, CDBL and EBLSL and any other applicable provisions of Laws by Govt.
The allottee shall open an account with any CDBL participant to which the allotment will be credited in the Beneficiary Owner (BO) Account of the allottee in dematerialized form.
The transfer will be affected by the CDBL under electronic settlement process.