BO Account stands for Beneficiary Owners Account. This is the account that holds your shares like an inbox holding all your emails. All shares from new IPO’s and most of secondary market shares are in electronic form and a BO account, owned by the investor, holds the electronic shares. Any NRB can open a BO account through Mika Securities Limited by filling required forms and submitting required documents.

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

The first step is to open a BO account to invest in the stock market of Bangladesh. Click on this link to open a BO account. After filling and submitting this BO form, you will be given a confirmation email by opening a BO account within 2 working days.

Filled up BO account opening form (KYC Form). Passport size photographs (2 copies). A copy of National ID card or Passport Passport size photographs for Nominee/ Power of attorney / Authorize. Bank Status or Account Details/ Routing Number or MICR Cheque laf photocopy. Registered Mobile Number. Valid Email Address Additional requirements for special account holders For Institutions that originated in Bangladesh: • Scan Copy of Memorandum and Articles of Associations • Scan Copy of trade license (if any) • Board regulations For Foreign Company/Institutions: • Scan Copy of Memorandum and Articles of Associations • Scan Copy of trade license (if any) • Board resolutions For Non-Resident Bangladeshi: • Attested copy of Passport / Social Security Card / Resident Card etc. (If the applicant is residing in a foreign country, such attestations must be issued by the Bangladesh Embassy or High Commission). • A fixed account with any Bangladeshi Bank. • Employment certificate/copy of trade license/work authorization or Payslip/tax return record as evidence of the Applicant’s earning status. • Documents of Power of Attorney (POA) who will manage the account while NRB is residing abroad such as. Passport size photograph of POA attested by applicant and signature.