 Frequently Asked Questions
1* If I sell my shares now when can I be paid?
2* How many days does it take before my shares can be verified?
3* Where is you office located?
4* Can your company meet the new minimum capital for stock broking firms?
5* Does your company offer loan to his clients to buy shares?
6* Can your house pay me off pending the verification of my shares?
7* What are your charges?
8* Can I be paid cash or open cheque when my shares are sold?
9* How do I sell my shares?
10* How easy is it for me to sell my shares?
11* Can I just walk into anybody with my certificate and have my shares sold?
12* Can I pay money into my CSCS account?
13* What are the procedures for buying shares.
14* Will my dividends be coming to me through your company
15* Can I sell my shares when I don’t have my certificates?
16* Can I buy a share for my baby who is minor?
17* Can cheque for the sale of my share be issued?
18* What do I need to provide to sell my late father’s/mother’s shares
ANSWERS:
*Ans 1: Three days from the day of sale |
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*Ans 2: Two to four weeks |
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*Ans 3: Kingsway building, 51/52, marina Lagos (2nd floor suites 18- 20) |
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*Ans 4: Yes, we have a firm arrangement with prospective investors who have demonstrated interest in equity investment in Tfs. Already one of such prospects has about N500million naira portfolio under our management. |
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*Ans 5:Not yet. |
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*Ans 6:No, your share must first be verified. |
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*Ans 7:You will see the charges in our contract notes but our commission is 1.5% |
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*Ans 8: No, we do not pay cash and we only open cheques that are N50, 000 and below on request from the client. |
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*Ans 9: Through a stockbroker |
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*Ans 10: Shares in CSCS can be sold with ease same day as they have been verified |
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*Ans 11:No, you need to contact a stockbroker |
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*Ans 12:No, the CSCS account is not an account where money can be paid. It is an account into which all your shares are sold. |
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*Ans 13: First CSCS account must bem opened for you and thereafter you will give us mandate for purchase of your shares. |
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*Ans 14: No, they will be posted to the address you fill in the account opening form or public offer form |
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*Ans 15 |
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*Ans 16: Yes, but you must give us your passport photograph and photocopy of your drivers license |
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*Ans 17 :Yes, but with a written mandate from you |
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*Ans 18:
you need to provide the following
i. letter of administration
ii power of authority
iii an efficient. |
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