In order to open an AFCSecurities™ account, clients should first open a Fiduciary Custody Management account and then execute the AFCSecurities™ Agreement in two copies as well as sign a copy of the DAFC Agreement. At the beginning of each Agreement, please fill out your personal information in the appropriate section. You should also initial at the bottom of each page of the Agreements, and write your name and sign in the indicated spaces. We advise you to contact the Financial Markets desk at 9611 747 542 (24-hour) so that one of our Investment Advisors can assist you in the process.
You can then send your three completed copies at:
Arab Finance Corporation sal, Compliance Department
Gefinor Center, Bloc E, Clemenceau Street
Beirut 2034 8423 Lebanon
Or alternatively fax them on: 961 1 748 561
After reviewing the Agreements, we will then execute the two copies of the AFCSecurities™ Agreement and forward you back a copy. Your Account Officer at AFC will then contact you to provide you with the AFCSecurities™ account access codes (Username, Password). You can then download the requested software through our site.
Please note that all transfers in and out of your AFCSecurities™ account shall be done through your Fiduciary Custody Management account. Upon reception of cleared funds in your Fiduciary Custody Management account, you should send the proper transfer instructions to fund your AFCSecurities™ account. You can usually start trading after two days from the time of reception of the Agreements and transfer instructions of cleared funds.
Prospective clients should note that AFC reserves itself the right to reject any application to open an AFCSecurities™ account. |
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