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KARACHI: National Clearing Company of Pakistan Limited (NCCPL) has launched Smart CKO Portal (SCP) for swift verification.

The NCC Smart CKO Portal (SCP) is a game-changer in the world of digital on-boarding, revolutionising how individuals engage in the on-boarding process of securities market. This initiative reflects NCCPL’s dedication to making account opening more accessible and user-friendly for the investors.

The NCC SCP will allow investors to initiate and complete Know Your Customer (KYC) process without the hassle of visiting any office.

SCP has a streamlined and comprehensible design, facilitating investors in completing the essential basic verifications (NADRA, Biometric, IBAN and Mobile Number) and documentation needed for account opening through a series of straightforward steps, ensuring a smooth and efficient on-boarding process.

This approach not only enhances the convenience for investors but also significantly benefits brokers as they will receive the verified basic information along with documentation through SCP as compared to conventional process.

Muhammad Lukman, CEO of NCCPL, emphasised, “NCC SCP empowers investors by providing them with control over their account opening journey efficiently.

The portal operates round the clock, ensuring users can access its benefits at their convenience, thereby promoting a dynamic and efficient on-boarding environment.”

Copyright Business Recorder, 2024

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