Which brokers are currently offering Trading Accounts for UBL Roshan Digital Account Holders?

To view the list of brokers that are integrated with CDC and offering Roshan Digital Account, please click on the following link: https://www.psx.com.pk/psx/resources-and-tools/investors/investing-on-psx-from-overseas https://www.cdcpakistan.com/businesses/others/roshan-digital-account/

What is a Trading Account and what is its purpose?

A Trading Account is opened on behalf of the Investor with a broker and is used for trading in shares.

What is Unique Identification Number (UIN) and its purpose?

In order to authenticate each trade and transaction executed in the stock market, NCCPL registers investors by assigning a UIN. Registered UINs are provided to the stock exchange by NCCPL and it is mandatory for brokers to enter UIN while trading.

What is a Custody Account and what is its purpose?

A Custody Account is a shares custody account opened with CDC.

Direct Settlement Service is a web based service through which IAS Account Holders can settle their trades executed at Stock Exchange directly through their respective IAS Account. Investors have to contact the broker only for the execution of trades. Further details about Direct Settlement Service are available on the following link: https://www.cdcpakistan.com/businesses/others/direct-settlement-services/

How can I start investing in Pakistan Stock Market if I have a UBL Roshan Digital Account?

Step 1: Login to UBL Netbanking Step 2: Click on NRP Services and select Stock Market Investment Step 3: Choose your preferred broker Step 4: Accept Terms and Conditions for investing in Pakistan Stock Exchange Step 5: Click on ‘Confirm’ Your request will be sent to CDC for further processing. Once your CDC account opening acknowledgement email is sent by CDC, you can start investing by following the below steps: Step 1: Login to UBL Netbanking Step 2: Click on NRP Services and select Stock Market Investment Step 3: Add funds into your UBL Roshan Digital CDC account and start investing

What happens after I provide the above?

You will receive an ‘Acknowledgement Email’ from CDC as soon as we receive the consent and information from your bank.

What happens after the acknowledgement email?

In 24 hours of receiving the acknowledgement mail from CDC and if your Information/ credentials were found complete and correct, you will receive an Account Opening Package email from CDC, comprising of the following actions and details: 1. Opening of your Trading Account with your selected broker. 2. Creation and Registration of your Unique Identification Number (UIN). 3. Opening of your Custody Account (CDC Account). 4. Activation of Direct Settlement Service (DSS) in your Investor Account (if you have opted for the same). 5. Creation of your CDC Web Access Login ID and Password.

How would I know about Broker’s Commission and other trading details?

You will be contacted directly by your broker regarding its Fee and Commission Structure and other trading details. Please note that before the opening of your Trading Account, broker will perform its own due diligence and may ask for more details / information.

Do I need to do anything else before initiating my first trade?

Before you initiate your first trade, you have to initiate a Fund Transfer request from your UBL Roshan Digital Account to CDC Bank Account maintained with your bank (details of which were provided with the Account Opening Package).

How do I initiate my first trade / purchase transaction?

You can purchase shares through broker’s online trading app / portal easily within the amount transferred by you to CDC.

How long after my purchase will I receive the shares in my CDC account?

At T+2 (2 business days after transaction), CDC will pay cash on your behalf against the purchase and will receive shares in your CDC Account. CDC will notify you about the transaction.

How do I sell shares?

You can sell your already purchased shares through your broker’s online trading app / portal easily.

When do I receive the cash against my sale?

At T+2 (2 business days after transaction), CDC will transfer the shares out of your CDC Account and will receive cash on your behalf, which will be readily available for any further transactions.

How do I receive my Corporate Action entitlements?

All Corporate Action entitlements will be credited in your CDC Account. Your Cash Dividends will also be made available with CDC. All information regarding Corporate Actions will be provided to your bank and will be available to you through CDC Access web portal and app.

How do I pay broker’s commission?

CDC will pay your broker’s commission from the cash transferred by you from your UBL Roshan Digital Account to CDC bank account.

What are NCCPL’s charges and how do I pay them?

NCCPL charges are applicable on the clearing of trades and will be deducted by CDC, details of which will be provided to you. For schedule of NCCPL’s fee and charges, please refer to www.nccpl.com.pk

NCCPL charges are applicable on the clearing of trades and will be deducted by CDC, details of which will be provided to you. For schedule of NCCPL’s fee and charges, please refer to www.nccpl.com.pk

No, this service is FREE-OF-COST for Overseas Pakistanis.

Diversity, Equality & Inclusion

UBL believes that a diverse and inclusive workforce correlates to better economic performance and fosters a higher level of innovation at workplace.

DEI Vision

UBL's vision for DEI is to become a Bank that is famous for its diversity, equality and inclusive environment which both our clients and our people experience at UBL.

Diversity

Utilizing different views and ideas by giving everyone an
opportunity to succeed.

Equality

Equality aims to ensure the fair treatment, access, equality of opportunity and advancement for everyone.

Inclusion

Supporting participation, valuing contribution and eliminating barriers.

DEI Mission

To be a gender balanced organization by creating a conducive environment at workplace, achieve gender balance at all levels of workforce with specific focus on senior roles.
To provide opportunities to Persons with Disabilities (PWDs) in hiring, career development, progression and fair compensation by providing conducive work environment.
To create an equitable and inclusive culture and empowering people by respecting and appreciating where everyone can be valued in terms of gender, age, disability, ethnicity, religion, education and sexual orientation and their contributions are recognized and valued.

Scope & Purpose

UBL is committed to encouraging Diversity, Equality and Inclusion (DEI). This policy applies on all UBL employees both in Pakistan and our International network. UBL is committed to eliminating discrimination, harassment and victimization at workplace. UBL’s aim is to have a workforce that is truly representative of all segments and customers including PWDs. UBL’s aim is to create a work environment where each employee feels respected and is able to deliver their best. UBL believes that a diverse and inclusive workforce correlates to better economic performance and fosters a higher level of innovation at workplace.

Age

Family Status

Disability

Gender

Ethnicity(Culture)

Language

Education

Religion

Ownership / Responsibility

Ensuring Diversity, Equality and Inclusion is responsibility of each employee. All Business functions, divisions and departments shall embrace and reflect this core value of DEI in the area of their responsibility. Along with our collective responsibilities, different levels play various roles in supporting, implementing, and evaluating the DEI framework. This ranges from ensuring that DEI deliverables are part of yearly KPIs of individual and collective Businesses to reporting on DEI initiatives for regulatory compliance. The DEI Council is responsible for developing and integrating the Diversity strategy within the Bank. Group Executive, Human Resources is the owner of the policy & will be responsible for review and communication to relevant teams and stakeholders.

Corporate Responsibilities

Demonstrating zero tolerance for discrimination, harassment and victimization.
Delivering services in ways that demonstrate our commitment to DEI.
Recognizing diversity as a strategic core value of the organization.
Creating and maintaining an inclusive working environment that supports all employees.
Providing training and educational opportunities to build on skills related to DEI.
Ensuring work environment, public spaces and facilities are conducive for employees to perform at their best.

Individual/Employee Responsibilities

Deliver services in ways that demonstrate our commitment to DEI.
Participate in training and educational opportunities to build on skills related to DEI.
Promote DEI.
Identify personal goals related to DEI.
Speak up against discrimination, harassment and victimization.
Respect coworkers and colleagues.