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NOTICES
Notice No.   20230127-39   Notice Date   27 Jan 2023
Category   Compliance   Segment   General
Subject   Early Pay-in of funds
 
Content

This has reference to the Early Pay-In (EPI) of funds by the client to the member for the purchase transactions executed by them.

 

Currently, clearing corporations have provided a facility for early pay-in of funds to avail margin benefit and laid down the procedure for making EPI of funds and allocation of early pay-in of funds at client level or client-security level. In this regard, members are advised that, in cases where clients have made an early pay-in of funds, the member shall also mandatorily make an early pay-in of funds to the clearing corporation. Further, an intimation shall be sent to the client by SMS and Email on the registered mobile number and email id, upon successful early pay-in of funds.

All Members are advised to take note of the above and ensure strict compliance. 

In case of any clarifications, members may contact us on details given as under:

 

Contact Nos.

022-2272 8435/5785

Email ID

bse.inspection@bseindia.com

 

 

For and on behalf of BSE Ltd.

 

 

Sandeep Sharma                                           Richa Ghosh

Asst. Gen. Manager                                      Asst. Gen. Manager

Brokers’ Supervision                                    Brokers’ Supervision