Last date for BO account renewal July 31
Monday, 12 July 2010
FE Report
The BO (beneficiary owner) accountholders must deposit account maintenance fee by July 31 for renewal of their accounts, Central Depository Bangladesh Limited (CDBL) said.
The CDBL said BO accounts would be closed if their owners failed to deposit the account maintenance fee within the stipulated timeframe.
Under the previous provision, those who deposited Tk 300 by June 30, will deposit only the additional fee of Tk 200, the CDBL said.
On the other hand, those who did not deposit Tk 300
will have to pay Tk 500 by July 31.
Recently, the Securities and Exchange Commission (SEC) increased the BO account maintenance fee from Tk 300 to Tk 500 to boost the government's revenue earning.
SEC Executive Director Anwarul Kabir Bhuiyan said the SEC published a gazette notification regarding the maintenance fee of BO accounts.
The BO (beneficiary owner) accountholders must deposit account maintenance fee by July 31 for renewal of their accounts, Central Depository Bangladesh Limited (CDBL) said.
The CDBL said BO accounts would be closed if their owners failed to deposit the account maintenance fee within the stipulated timeframe.
Under the previous provision, those who deposited Tk 300 by June 30, will deposit only the additional fee of Tk 200, the CDBL said.
On the other hand, those who did not deposit Tk 300
will have to pay Tk 500 by July 31.
Recently, the Securities and Exchange Commission (SEC) increased the BO account maintenance fee from Tk 300 to Tk 500 to boost the government's revenue earning.
SEC Executive Director Anwarul Kabir Bhuiyan said the SEC published a gazette notification regarding the maintenance fee of BO accounts.