A BO (Beneficiary Owner) Account facilitates the buying and selling of securities in the stock market. It acts like a digital locker where an investor's electronic securities (e.g., shares, bonds, mutual funds) are deposited or withdrawn when trades are made.

Before withdrawing, ensure your bank account is linked to your BO account. You can easily withdraw funds from your portfolio account with Island Securities Limited via BEFTN (Bangladesh Electronic Fund Transfer Network), without the need for a cheque. The funds will be automatically credited to your linked Bank Account. You can fill up a requisition form to withdraw fund. Once approved, fund will be transferred to your Bank Account. You can also place requisitions through our OMS (Order Management System).

You must open your BO account through a DP, which is usually a Brokerage house or Merchant bank, Island is a Brokerage house. You can get a BO Account opening form from your chosen DP or download it from their website. The form typically requires: NID, Personal information (name, address, contact details), Bank account details, Nominee information, Type of account (Single, Joint, NRB, etc.).

Execute your stock buy/sell orders easily by our dedicated trader or using our OMS(Order Management System) through Island iTrade, our dedicated online mobile trading app. You can also visit to trade our OMS website link:https://oms.islctg.com/login.At the end of each trading day, you'll receive an email notification with the status of your portfolio, keeping you informed and up to date.