You may deposit funds via Inter Bank Funds Transfer IBFT/Cheque into your AKD Trade account via following Banks:
Bank Name: Meezan Bank Limited
Account Title: AKD Securities Limited
Account Number: 02000001346 (New Account # 0100289797)
Branch: Clifton - Karachi (0107)
IBAN Code: PK42MEZN0001070100289797
Bank Name: Dubai Islamic Bank Pakistan Limited (DIBPL)
Account Title: AKD Securities Limited (Client Account)
Account Number: 0239937003
Branch: Clifton, Karachi
IBAN Code: PK78DUIB0000000239937003
We feel delighted to announce that we have now taken our Online Funds Transfer Facility to a new high by integrating our system with Habib Bank Limited (HBL), where our valued clients would now be able to transfer their funds directly to their stock trading accounts in Real-Time, without even waiting for any clearance or manual processing. You may view a detailed tutorial of the said facility at https://youtu.be/vSJh9sZWS-U Or follow the 5 easy steps.
You may also directly transfer funds to our Meezan Bank / Dubai Islamic Bank Pakistan Limited, using the Internet Banking Facility (IBFT) offered by any other Banks.
In order to get the IBFT amount credited into your AKD Trade account, you will be required to send the confirmation email confirming your online transaction (received from your bank) to info@akdtrade.com vvia your registered email address. In case you do not receive the confirmation email from your bank, you may also send us a snap shot of your online bank account statement reflecting the subject transaction
Note: Upon receiving the required confirmation email/snapshot, the amount will be credited to your AKD Trade account within next two hours, in case the confirmation is received during market hours. However, if the confirmation is received after market hours, the funds will be credited to your AKD Trade account within first two hours after the start of the market on the next trading day. We do not accept 3rd party payments
You may place your cash withdrawal request through AKD TradeCast, Call Centre or by sending us a duly signed written request at any of our branch offices
Your withdrawal request will be fulfilled through Online Funds Transfer Facility / Crossed cheque in your name. Either you may receive the cheque at your local mailing address within Pakistan (as updated in our records) or you may collect the cheque from any of our branch offices (as per your request).
System response, Account access times, Trade executions
may differ due to various factors including Market conditions, System performance,
quote delays. There can be considerable risk of loss in electronic trading.
It is therefore important for you to consider if such trading is suitable for you
with respect to your situation and financial resources.
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