4

Cusa

Last Update vor 2 Jahren

What is the meaning of Cusa? When does client stock go to the CUSA account? If the client did not clear the ledger balance and the POA is no so how does the corporate action settle? When is client stock released from the CUSA account?

When is client stock released from the CUSA account?

Jainam Broking Limited

Last Update vor 2 Jahren

The securities kept in the ‘client unpaid securities account’ shall either be transferred to the demat account When client ledger in credit on daily basis.

In case the clients’ securities are kept in the ‘client unpaid securities account’ beyond seven trading days if client POA yes than securities transfer to demat account.

Was this article helpful?

1 out of 1 liked this article