Now, You no longer have to visit a broker’s office to open a trading account.
It is seamlessly possible to open a Trade Management System (TMS) account only at a single click of a button by the Global Digital Universe.
What is Digital Universe?
Global IME Bank’s “Digital Universe” is an online platform designed to provide customers with a comprehensive suite of digital banking services. Through this platform, users can access various services including Global Debit Card, Global Credit Card, Global Smart Plus, Fixed Deposit Account Opening, Merchant Acquisition, FLASH loan and services related to share market in Nepal.
What is a TMS account?
The Trade Management System (TMS) is an online system that facilitates the trading of stocks, enabling investors to buy and sell shares from anywhere without the need to visit the broker’s office.
The Trade Management System (TMS) has saved time and money for the local share market where investors are allowed to trade through a secure online portal without having to go to a broker’s office. Furthermore, the system offers innovative features such as pre-open sessions to clients, quick clearance through Connect IPS, and a very easy to use platform, thus enabling TMS to be a system of choice for convenience and efficiency.
Benefits of having a TMS account online
Having a TMS account offers numerous advantages for investors, making share trading more convenient, efficient, and accessible.
Below are the key benefits of using a TMS account:
- Convenience
- No Need to Visit Broker Offices
- User-Friendly Interface
- Extended Trading Sessions
- Instant Transactions
- Automated Collateral Management
- Quick Settlement Process
- Cost-Effectiveness
- Efficiency in Order Placement
- Accessibility to Market Updates
Step-by-Step Guide to Opening a TMS Account:
Here’s how to open a brokerage account in Nepal:
- Visit the Global IME Bank’s website and navigate to the ‘Digital Universe’ section
- Go to Discover Digital Universe
- Go to DEMAT, MEROSHARE, CASBA and TMS category
- Confirm if you already have a bank account at Global IME Bank and a DEMAT account
- If you do not already have a bank account with Global IME Bank and a DEMAT account, create one following the link.
- Choose ‘TMS’ along with any other services you require, such as DEMAT, MeroShare, or C-ASBA.
- This flexibility allows you to customize your application based on your existing accounts and investment needs.
- Complete the Online Form:
- Provide accurate personal information, including your full name, address, contact details, and identification numbers.
- Ensure all details are correct to avoid processing delays.
- Upload Necessary Documents:
- Prepare digital copies of required documents, such as your citizenship certificate, passport-sized photograph,etc.
- Upload these documents in the specified formats (e.g., PDF, JPG) as prompted in the application form.
- Review and Submit Your Application:
- Carefully review all entered information and uploaded documents to ensure accuracy.
- Submit your application by clicking the ‘Submit’ button.
- Await Confirmation:
- After submission, your application will be processed by Global IME Bank.
- You will receive confirmation and further instructions via email or phone once your accounts are successfully created.
And there you go-open your TMS account online in just a few clicks, with no hassle and no queues, all from the comfort of your home!
Additional Information:
- Processing Time: The time required to process your application may vary. Make sure all the information you provided is accurate and valid.
- Customer Support: If you face any issues during the application process, you can contact Global IME Bank’s customer support at 01-5970600 for assistance.
Conclusion:
Global IME Bank’s Digital Universe platform significantly simplifies the process of opening a TMS account by allowing you to apply for all necessary investment-related accounts in one go. By following the steps outlined above, you can efficiently open your TMS account and start your investment journey with ease.
Frequently Asked Questions (FAQs):
Do I need to have a bank account with Global IME Bank to open a TMS account?
You need to have a bank account with Global IME Bank to open a broker account with Digital Universe.
When will be my TMS account ready after registration?
The processing time may vary, but ensuring accurate information and proper documentation can speed up the process.
Is the TMS account opening process secure?
Yes, Global IME Bank’s Digital Universe platform ensures a secure and hassle-free process with advanced digital security measures.
What should I do if my TMS account application is rejected?
Contact Global IME Bank’s customer support at 01-5970600 for assistance and guidance on correcting any issues.
What is the difference between TMS, DEMAT, MeroShare, and C-ASBA?
C-ASBA: For applying for IPOs directly from your bank account.
TMS: For trading shares online.
DEMAT: For holding shares in electronic form.
MeroShare: For managing shares digitally.
