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BO Account stands for Beneficiary Owners Account. If you want to start investing and stock trading in the stock market in Bangladesh then you need to open a Beneficiary Owners account. Just like a Bank Account is used to hold your money, your BO account is used to hold your shares. All shares from new IPOs and most of the secondary market shares are in electronic form and a BO account, owned by you the investor, holds the electronic shares.

In general, there are two types of Beneficiary Owners accounts. One is Single/Joint BO and the other is NRB BO (Non-Residential Bangladeshi). Besides, there is also another account called Link BO, which is used to transfer your existing BO account from one broker house to another broker house. As you are a general investor you need to open a Single or Joint BO account. A person can open two Beneficiary Owners accounts in his/her in TradeCap Stock Brokerage Limited: one single account and one joint account.

<p>– Bangladeshi Residents. </p><p>
– Institutions originated in Bangladesh. </p><p>
– Foreign Company/Institutions. </p><p>
– NRB (Non-Resident Bangladeshi)</p>

Opening a BO account is the first step to start trading in the stock market in Bangladesh. To open a BO account, simply click on this link: BO Account. Once you fill it out, your BO account will be opened automatically by our BO department. Please check your email for BO Account Confirmation once the BO department is done verifying your information.

<p>To open a Single/Joint BO Account, you simply need the following
</p><ul><li>2 copies of passport-sized photos of the account holder/holders</li><li>Bank Account details (Photocopy of Cheque)
</li><li>National ID/Passport photocopy
</li><li>Nominee Photo 2copy
</li><li>Nominee National ID/Passport photocopy</li></ul>