Become a Client

INDIVIDUALS

Copy of a valid identification document (national ID card, residence permit, passport, etc.);
Client information form;
Completed and signed KYC questionnaire;
Signed securities account agreement;
Signature specimen;
Passport photograph;
Proof of address / location plan;
Bank account details / Bank Account Identification Statement;
Unique Tax Identification Number (NIU).

CORPORATE CLIENTS

Copies of valid identification documents of directors / authorized signatories (national ID card, residence permit, passport, etc.);
Investor questionnaire;
Bank Account Identification Statement;
Copy of the Certificate of Registration / Trade and Companies Register extract;
Articles of Association;
Securities account opening agreement, duly completed and signed (2 copies);
Company information form;
Unique Tax Identification Number (NIU);
Authorization of directors and specimen signatures (Board / General Meeting resolution, etc.);
Duly signed signature card;
Information form for representatives / authorized agents of corporate entities.

Non-CEMAC Investors

INDIVIDUAL INVESTORS

Pursuant to Regulation No. 02/18/CEMAC/UMAC/CM on foreign exchange regulations within CEMAC and the applicable implementing provisions issued by BEAC, portfolio investments made by non-residents in CEMAC member states are subject to prior declaration to the Bank of Central African States (BEAC) through a duly authorized credit institution.

Identification of the investment transaction. The foreign investor defines the contemplated transaction, including the acquisition of listed or unlisted shares, bonds, debt securities, units of collective investment schemes (UCITS), or other securities issued within the CEMAC region.
Preparation of the regulatory file. The required documentation is submitted to an authorized CEMAC bank, which reviews the file and forwards it to BEAC.
Prior declaration to BEAC. The intermediary bank files the prior declaration of the transaction with BEAC in accordance with applicable foreign exchange regulations.
Transfer of funds. Following registration of the declaration, the funds are transferred to the designated accounts for the subscription or acquisition of the relevant securities.
Record keeping and monitoring..