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KARACHI: In order to ensure more transparency by keeping investors constantly updated of their investment portfolio in the CDS, the Central Depository Company of Pakistan (CDC) has launched two free-of-cost facilities, eStatement and eAlerts for its customers, a statement said.

These value-added facilities will ensure added convenience to CDS accountholders by keeping them constantly updated about their account information via email.

While e-Statements had already been launched for investor accountholders, eAlerts is an added feature for both investor and sub-accountholders.

By opting for e-Statements, the CDS accountholders will be able to receive their account balance statements through email on their registered email addresses.

Through eAlerts they will be able to receive real time transaction alerts in their email inbox.

The CDC has strongly urged its CDS accountholders to register their email addresses with their respective participants or CDC to avail these services.

While CDS accountholders have a choice for opting for eStatements on a monthly or quarterly basis. eAlerts will be sent on specific transactions, such as, transfer of securities from the account, intimation of securities pledged from the account, intimation of withdrawal request and intimation of subscription of right shares.

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