NCBCM Introduces Changes to Its Client Account Opening Agreement

NCB Capital Markets Limited (NCBCM)the wealth and asset management arm of the National Commercial Bank (NCB) has announced changes to its Client Account Opening Agreement via email to all its customers.

The Email

Dear Valued Client,
At NCB Capital Markets Limited (NCBCM), our commitment is to continually enhance the quality of service we offer to our valued clients. This includes prioritising compliance with all regulatory requirements to ensure your protection. Recent guidelines from our regulatory authority have prompted us to conduct a comprehensive review and refinement of the terms and conditions in our Client Account Opening Agreement (CAOA).
In order to align with these new guidelines, we have introduced enhancements to our terms and conditions in the following areas:

You may access the revised CAOA on our website, www‍.ncbcapitalmarkets‍.com. These updates will come into effect on December 4, 2023. Please note that this letter serves as a 30-day notice to inform you of these changes. By choosing to continue your business with NCBCM beyond this 30-day period, you will be consenting to and accepting the updated terms and conditions outlined therein.
Your business is highly valued, and we eagerly anticipate our continued partnership.
For any additional information or inquiries, you may contact your Wealth Advisor or the Wealth Hub at (876) 960‍‑7108. We are here to provide you with the assistance you may require and are delighted to do so.
With regards,
NCB Capital Markets Limited

The new agreement sees adding a Record Keeping and Client Rights Section. The Overall sections of the agreement include the following:

The new agreement takes effect December 4, 2023. NCBCM customers who continue to use the NCBCM services automatically agree to the amended terms of the agreement.

The email serves as a 30-day notice to inform customers of the changes.

For any additional information or inquiries on these changes, NCBCM encourages customers to contact their Wealth Advisor or the Wealth Hub at (876) 960‍‑7108.

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Lance Cameron
Lance Cameron
Lance is the Publisher and Chief Editor at BITVoxy. He writes about business, digital culture, crypto, gaming, tech, entertainment, and more. He considers himself a Digital Explorer and News Junkie.

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