Watani Wasata
OPENING A TRADING ACCOUNT
The customer should visit Kuwait Clearing Companys office located in the 1st Floor of Boursa Kuwait building in order to complete the opening application form and receive the trading NIN number.
BROKERAGE AGREEMENT
The customer may visit the main office of Watani Financial Brokerage Company at Boursa Kuwait premises or any of WFBC branches located at the following branches of National Bank of Kuwait:
• Shamiah Branch
• South Surra Branch
• Salwa Branch
• Andalus Branch
• Jahra Commercial Branch
• Fahaheel Coastal Branch
to complete the signature process of the brokerage agreement with the Company.
REQUIREMENTS
For Individual Accounts
• Civil ID or Passport
• Original General Power of Attorney (if any)
• Original Judicial Decision(if any)
• Trading Authorization and copy of Civil ID of the authorized trader (if any)
For Corporate Accounts
• Article and Memorandum of Association and implemented amendments (if any)
• Corporate License
• Commercial Registration
• Company’s Authorized Signatory list along with Specimen Signatures
• Civil ID of the Authorized Signatories
• Authorized Traders list along with Specimen Signatures
• Civil ID of the authorized traders
SERVICES
• WFBC offers the service of selling and buying securities of companies listed in Boursa Kuwait.
• WFBC offers the services of selling and buying securities of companies listed in the OTC market.
• Easy trading through specialized brokers and via more than 80 direct phones assigned for WFBC clients.
• Providing the service of receiving, handing off and depositing Bank checks in the clients’ bank accounts.
• Providing the service of sending a summary of the client’s trading on daily basis by email, fax or by SMS after the closing of the trading session.
• Receiving the annual dividends of the listed companies on behalf of clients through Kuwait Clearing Company.
• WFBC is unique in providing the trading service through the company branches spread in 6 locations in National Bank of Kuwait premises, where the company provides trading halls, granting the clients direct and easy trading with the privilege of real time quote of listed securities in Boursa Kuwait.
• The companys branches provide a service to deliver the statement of accounts issued by the Kuwait Clearing Company to customers.
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