Emirates NBD launches end-to-end digital onboarding process

  • Date: 09-Sep-2022
  • Source: The Gulf Time
  • Sector:Technology
  • Country:UAE
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Emirates NBD launches end-to-end digital onboarding process

















Local News, Uncategorized















Dubai / WAM

Emirates NBD Securities has become the first securities brokerage to launch an end-to-end digital onboarding process. The newly launched platform enables more than 1 million Emirates NBD customers to start trading instantly amid increased demand for stocks and a robust pipeline of initial public offerings on the Dubai Financial Market (DFM).

The end-to-end digital process offered by the platform allows Emirates NBD customers to instantly acquire a DFM investor number (NIN) and Emirates NBD Securities brokerage account. In three simple steps, users can begin their trading journey and receive their trading account details and DFM NIN within minutes, eliminating the need to print, sign, scan and e-mail documents.

The upgraded platform replaces paper-based processes with a fully digitised brokerage account opening experience, providing investors with rapid access to the DFM, whose benchmark equity gauge ranks among the best performing stock benchmarks in world this year.

In March, Emirates NBD group launched an end-to-end IPO subscription website for individual investors with real time subscription payment capabilities for UAE investors and wire transfer capabilities for non-UAE investors. The new seamless onboarding process complements this initiative by