KCB Bank

Frequently Asked Questions

  • What is immobilization?

    This is the process by which movement of paper certificates ceases as all the details have been entered into one computerized system i.e. the Central Depository System managed by the Central Depository and Settlement Corporation. The process is handled by the different share registrars. This involves filling a CDS 2 form and submitting it together with the certificate to a broker for forwarding to the registrar and CDSC for crediting to your CDS account.