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CDS Accounts for Bonds
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MatataMingi
#11 Posted : Wednesday, February 03, 2016 4:31:45 PM
Rank: Member

Joined: 11/17/2009
Posts: 399
Location: Where everyone knows you
I have an account for the last 20 years. It was very quick in those days.
A friend put his application 4 months ago. No progress so far.
Maybe they don't want new accounts, and keep the whole thing as a "members club"
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Kabird
#12 Posted : Wednesday, February 03, 2016 6:09:47 PM
Rank: New-farer

Joined: 2/6/2011
Posts: 60
We may need to know a way of contacting the governor..This is pathetic!!
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maka
#13 Posted : Friday, February 05, 2016 7:48:19 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Kabird wrote:
We may need to know a way of contacting the governor..This is pathetic!!


Tweet him...
possunt quia posse videntur
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Kabird
#14 Posted : Friday, February 05, 2016 11:05:21 PM
Rank: New-farer

Joined: 2/6/2011
Posts: 60
I wrote multiple emails, sent fb messages guess what i finally got the number today
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maka
#15 Posted : Tuesday, February 09, 2016 2:56:03 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Kabird wrote:
I wrote multiple emails, sent fb messages guess what i finally got the number today


Welcome to the club...this months issue is a 5 year paper...MLF sat today...FYI the other big issue is getting your statement find it utterly nonsensical for the statement to take a whole day or two it should be instantaneous....
possunt quia posse videntur
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PeterReborn
#16 Posted : Monday, February 22, 2016 7:48:06 AM
Rank: Veteran

Joined: 1/3/2014
Posts: 1,063
After the hustle of getting the CDS account,I went to make the payment at the coop bank.It was a nightmareSad Sad .They were not interested in helping a client who has a CDS account as they want you to use their account and charge you 1500.They said they didn't have banking details for CBK to make payment and therefore I need to go to CBK to get their banking details.There is no banking details on their websiteSad
Consistency is better than intensity
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maka
#17 Posted : Monday, February 22, 2016 8:01:03 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
PeterReborn wrote:
After the hustle of getting the CDS account,I went to make the payment at the coop bank.It was a nightmareSad Sad .They were not interested in helping a client who has a CDS account as they want you to use their account and charge you 1500.They said they didn't have banking details for CBK to make payment and therefore I need to go to CBK to get their banking details.There is no banking details on their websiteSad


Just move to another bank....surely how can they fail to push a bond payment to CBK... the problem now would be you would need to change your banking details that you filled on the mandate card....
possunt quia posse videntur
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Kabird
#18 Posted : Monday, February 22, 2016 8:55:41 AM
Rank: New-farer

Joined: 2/6/2011
Posts: 60
I thought one could make their payment from another account if they so wish and that the banking details on the mandate card are for interest payments and refund after the maturity of the gov paper...
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maka
#19 Posted : Monday, February 22, 2016 10:11:36 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Kabird wrote:
I thought one could make their payment from another account if they so wish and that the banking details on the mandate card are for interest payments and refund after the maturity of the gov paper...


Never tried...maybe for a primary...but secondary trading you cant use another account apart from the one you filled on the mandate card.



Account Name: Full Client Name( As known by CBK)

Virtual Number: As issued by CBK

Inform the bank that they MUST include the details below on the description of that RTGS.

T-Bond Name: Bond Name
Portfolio: As issued by CBK
Face Value: Amount applied for
Reference No: As indicated in the results of the auction
possunt quia posse videntur
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  | | Edit by user: Monday, February 22, 2016 10:13 AM | Reason: Not specified
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