One of the top brokerages in the UAE, Emirates NBD Securities, has introduced the first end-to-end digital onboarding process among securities firms. In light of rising stock demand and a healthy pipeline of initial public offerings on the Dubai Financial Market, the recently established platform enables more than 1 million Emirates NBD customers to begin trading right away (DFM).
Customers can get an Emirates NBD Securities brokerage account and a DFM investor number (NIN) right away thanks to the platform’s end-to-end digital approach. Users can now start their trading experience in three easy steps and receive their DFM NIN and trading account information within minutes, doing away with the need to print, sign, scan, and email documents.
Investors now have access to the DFM thanks to the improved platform, which replaces paper-based procedures with a fully digital brokerage account opening experience. Emirates NBD Group introduced an end-to-end IPO subscription website for individual investors in March. This website allows wire transfers for non-UAE investors and real-time subscription payments for UAE investors. The new easy onboarding procedure is a strategic partnership with DFM to expand its investor base and complements this strategy by giving immediate access to IPO subscriptions.
Access to additional regional exchanges, cutting-edge trading platforms, and apps are also made available through the revised onboarding procedure. With THARAA’, a cutting-edge Emirates NBD loyalty program that rewards every conducted deal, investors can also maximize their gains.
Customers of Emirates NBD Securities benefit from additional advantages as members of the Emirates NBD banking group, including the capacity to manage trade proceeds in real-time through a personal Emirates NBD bank account, a multi-purpose settlement account with an Emirates NBD debit card, and the capacity to invest in Shari’ah-compliant securities via the bank’s Investment Murabaha platform.
In other news, by joining the United for Wildlife (UfW) finance taskforce, which is dedicated to reducing illicit money flows associated with the illegal wildlife trade, Emirates NBD demonstrated its support for initiatives to combat global wildlife trafficking (IWT).