1. What is the fastest way to open an account?
You can download account opening form, and send it dully filled and signed along with all the required documents including your funds.
Or
You can contact us for our account opening form and we'll dispatch our form to your address.
Or
You can visit our offices and fill the form in person.
Processing of Account: Once your application form along with all necessary documents is received, it can take between 4-10 working days to activate your account for local clients (clients residing in Karachi). For all non-local clients, it can take a maximum of 15 working days depending on the time taken by the banks to clear the cheque.
2. Can my application be rejected?
All account opening forms received by Memon Securities (Private) Limited have to undergo internal procedures as per the policies and can have one of the following outcomes:

1. Account will be opened and the account opening material will be dispatched to you. OR
2. Account opening can be refused. In this case the prospective customer will be intimated via email/letter.

3. How can I deposit initial amount in Memon Securities (Private) Limited account?
You may send your cheque / Pay order/DD in favor of "Memon Securities (Private) Limited" by mail or drop it personally at office of Memon Securities (Private) Limited. Memon Securities (Private) office address is as following;
Memon Securities (Private)
Office No. 154, 3rd Floor, Pakistan Stock Exchange Building, Karachi, Pakistan.
Note:
- All payments from the clients to the Memon Securities (Private) Limited, as the case may be, shall be made in the name of Memon Securities (Private) Limited, through "A/c Payee Only" crossed cheque, bank drafts, pay orders or other banking channels only.
- Any change in email address, mobile number, office phone number, mailing address, registered/ permanent addresses or other related information should be intimated immediately to Memon Securities (Private) Limited.
4. What type of account can I open with Memon Securities (Private) Limited?
You can either open an Individualor Corporate Account. An individual account can be either Single or a Joint account:
Single: only the account holder will own and operate the account.
Joint: This account is jointly owned (maximum of 4 people) but the execution of orders can only be made by one person at at any given point in time.
5. Can I transfer securities from my other accounts?
Yes, you can transfer securities from your other accounts or from a CDC Investor-account. Please inform us in writing when you do transfer so the shares received are properly credited into your sub-account maintained with Memon Securities (Private) Limited