DE-LORDS SECURITIES ANNOUNCES A STRONG ONLINE FINANCIAL PERFORMANCE

 

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   PROCEDURE FOR TRANSFERING FUNDS TO NIGERIA FOR THE PURPOSE OF PORTFOLIO INVESTMENTS IN EQUITIES AND BONDS QUOTED ON THE NIGERIAN STOCK EXCHANGE.

  
   
     

IN FLOW:

  1. Client (Investor) will complete De-Lords Securities's Account Opening Forms;
  2. Client will give De-Lords Securities a Purchase Order;
  3. In the format provided by De-Lords Securities, the client will complete a fund transfer form requesting his bank to transfer the funds to De-Lords Securities's Account with SpringBank-Nigeria. SPRINGBANK - Nigeria's correspondent bank is (CITIBANK NEW YORK). Client must state clearly that the purpose of the transfer is for capital importation.
  4. SPRINGBANK will notify De-Lords Securities upon the inflow of the client's money into De-Lords Securities Domiciliary account;
  5. De-Lords Securities will then write a letter to SPRINGBANK requesting them to issue a Certificate of Capital importation for the Client;
  6. De-Lords Securities will authorize SPRINGBANK to sell the funds at the prevailing interbank rate and credit De-Lords Securities trading account accordingly on behalf of the client with the naira equivalent;
  7. The Client will be advised of how much has been credited into his account by De-Lords Securities;
  8. The purchase will be effected and the contract notes sent to the client; and
  9. Our Bankers (SPRINGBANK) will not charge the client for the transfer.
OUT FLOW:
  1. Client (Investor) will give De-Lords Securities a sales order or in the case of a dividend or interest payment, the counterfoil will suffice;
  2. De-Lords Securities will execute the Sales Order;
  3. The proceeds of the sales, dividend and interest payment will be remitted net of taxes by De-Lords Securities to the client through SPRINGBANK uopn the presentation of the Certificate of Capital Importation issued when the initial investment was made;
  4. A charge of 1% of the total amount of money to be remitted is charged by SPRINGBANK for the transfer.
For more information, please contact us.

 

   OUR OFFSHORE DETAILS

    
  CITIBANK NEW YORK
111, Wall Street, New York, NY 10043, USA.
AC NO: 36125024
SWIFT CODE: CITIUS33
ROUTING NO: 021000089
BENEFICIARY BANK: SPRING BANK PLC. 		   
  CITIBANK LONDON
336, Strand London, WC 2R 1HB, ENGLAND,
AC NO: 5509165 (GBP)
AC NO: 5509157 (USD)
SWIFT CODE: CITIGB2L
SORT CODE: 18-50-08
    
 
CITIBANK FRANKFURT
Neue Mainze Strasse 7560311,Frankfurt,Germany
AC NO: 4113961002
SWIFT CODE: CITIDEFF
BENEFICIARY BANK: SPRING BANK PLC. 		   
  DEUTSCHE BANK CO. NEW YORK
1 Bankers Trust Plaza, 130, Liberty Street, New York, NY 10006, USA. AC NO: 04426973
SWIFT CODE: BKTRUS33
ROUTING NO: 021001033
BENEFICIARY BANK: SPRING BANK PLC.
SWIFT CODE: CITZNGLA
    

DEUTSCHE BANK AG LONDON
6, BishopsGate London, EC2N 4DA, UK.
AC NO: 030584801
AC NO: 030584802
SWIFT CODE: DEUTGB2L
SORT CODE: 40-50-81
SWIFT CODE: CITZNGLA
  

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