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SMS confirmation/SMS alert for BO Account opening, closing and modification

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Kindly be informed that CDBL has introduced SMS Confirmation for BO account opening & closing as well as SMS Alert for modification of BO Name, Bank A/C No. & Bank Name as well as Mobile No. These SMS shall be sent to the concerned BO Accountholders mobile No. recorded in CDS. We hope that such initiative shall prevent unauthorized change of vital information in BO account and shall help in bringing more transparency in the capital market.

Please note that this SMS confirmation/ alert service will be in addition to our existing SMS alert service to the BO Accountholders for Debit/Credit in BO account.

To view BSEC's press release regarding this service, click here

Last edited on: 15 December, 2019