Forms

Central Depository System (CDS) Account Application Form

The Central Depository & Settlement Corporation Limited (CDSC) is a limited liability Company approved by the Capital Markets Authority under Section 5 of the Central Depositories Act, 2000 to establish and operate a system for the central handling of deliveries and settlement of securities in the Capital Markets in Kenya. CDSC establishes and operates a central depository system and provide central clearing, settlement and depository services for securities initially in Kenya in respect to securities listed on the Nairobi Securities Exchange.

Per the Capital Markets Authority regulations, you are required to fill in a CDSC Account Application form (CDS 1) before you can start selling or buying shares.

The form can be downloaded from this page.

To complete the CDSC form, please follow the guide below.

  1. The account holder must be over 18 years of age
  2. Each applicant must complete a CDS Account Opening form. The form is available for download by clicking this link.
  3. The CDS Account Opening form must be completed in ink and in capital (block) letters
  4. Names on the CDS Account Opening form must be written in the same way as they appear on the supporting identification document (National ID/Passport/Alien certificate)
  5. Any alterations or errors must be countersigned.
  6. The CDS Account Opening form must be accompanied by the following:
    1. Individual accounts
      • Two recent passport sized pictures. Pictures must be in colour.
      • A copy of the National identity card/valid Passport/Alien certificate.
      • A copy of the PIN Certificate
    2. Corporate accounts 
      • Two recent passport sized pictures of all indicated signatories. Pictures must be in colour.
      • A copy of the Certificate of Incorporation/Registration.
      • A copy of the PIN Certificate

Once you complete the forms please scan them to customerservice@drummond.co.ke or drop them off at our offices – Hughes Building, 2nd floor, Nairobi. (Junction of Kenyatta Avenue and Muindi Mbingu Street)

Download the Forms here:

Brokerage Account Opening Application (Individual) : Click here to download form

Brokerage Account Opening Application (Business) : Click here to download form

CDS 1 Account Update Application : Click here to download form-Upload CDS 1 form