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:
For and on behalf of BSE Ltd.
Sandeep Sharma Richa Ghosh
Asst. Gen. Manager Asst. Gen. Manager
Brokers’ Supervision Brokers’ Supervision
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