Auto Account Opening

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The AIB auto-account solution allows clients to open a trading account at the CDSC and access trading on the Nairobi Securities Exchange (NSE) without having to visit our physical premises. This is the first of its kind in the Kenyan Capital Markets allowing customers from all over Kenya the option to open an account on the NSE entirely at their convenience. This can be done through three means: Our USSD *543#, our online website portal or our mobile app “AIB Capital Online”.

AIB AUTO ACCOUNT OPENING

To buy shares on the Nairobi Securities Exchange, one is required to open an account at the CDSC. AIB has made this process easy, simple and freely accessible.

To open a CDSC account using our online portal:

Simply visit our online portal here and:

  1. Click on ‘open new trading account
  2. Enter your personal details as requested on the portal
  3. Your details will be verified
  4. If correct you will be requested to enter additional KYC details and set your preferred username
  5. Attach your copy of ID/Passport, passport size photo, and a utility bill if available (optional).
  6. Submit the details
  7. Your details will be validated and account opened.
  8. You will then receive an email with your credentials and account details.

To open an account on mobile

  1. Dial *543# and select 'Open Account'
  2. Enter your ID/Passport number
  3. Enter your full names as they appear on your government issued identification documents
  4. Enter additional KYC details as requested

    NB for postal address, kindly enter your full P.O. Box address, where your dividends will be sent.

    For bank details, enter bank code, bank branch code and full bank account number

  5. Wait for a confirmation SMS with your account details. This will at most 24 working hours
  6. Dial *543# again and activate your USSD and/or online trading. An SMS with your pin will be sent immediately. You can now start trading.

To open a CDSC account using our android app

Simply download our mobile app from Google Play Store here or download it from the Windows Store here and follow the same process as outlined for our online portal.

NB

  1. It is free to open an account
  2. Transactions are limited to MPESA. To upgrade your account, you are required to provide your full KYC documents and a fully signed AIB account opening form.
  3. Our fee tariff is available on our website
  4. Terms and conditions are available on our website.
  5. Your account needs to be funded to buy shares. Use our MPESA paybill number 54880 and CDSC number as the Account No to credit your trading account with us.
  6. It is available on a fully registered Safaricom line
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