How long does it take to open a CDS account?

CDSC account opening process should be done ideally within 36 hours if the account opening form is in order and all the KYC requirements are in place. However, this may not always be the case.

  • Where extra due diligence is done on a client in line with the KYC policies, the account opening process may extend beyond the 36 hours.
  • If the KYC documents and account opening forms are received at a Dyer & Blair Investment Bank Branch outside Nairobi, the CDSC accounts should be opened within 48 hours.
  • For Dyer & Blair Investment Bank branches within Nairobi, the CDSC account opening process should be done within 36 hours of delivery to the branch. In all cases, clients are alerted by the KYC team immediately their CDSC accounts are opened, to allow them to fund their accounts in readiness for a trade.