To open an account at Sumeru, you need to fill up our KYC form along with one passport size photograph and a photocopy of your citizenship certificate.
You need to have a Trading Account and a Demat Account in order to start trading. To download the form for opening a trading account, go to the link below: 

If you have not opened a Demat account yet, you can do so at our partner firm Nepal DP by filling out a form available at our office.
A depository facilitates the holding and/or transacting securities in book entry form. In other words, a depository takes the ownership guarantee of the shareholders by holding those securities and other market instruments which are listed in the secondary market, distributed or allotted and can be deposited into the electronic form. The investor has to open a demat account to avail the services of depository. Additionally, the depository maintains the record in the account of the investors.

Dematerialization is a process of converting physical securities into electronic form.
The purpose of opening a demat account are as mentioned below: To convert the physical securities into the electronic form, To deposit and transfer the NEPSE listed securities in a dematerialized form , To credit the securities allotted through IPO and corporate actions (such as rights share issue, bonus issue, merger, etc.) in a dematerialized form, To receive the statement of the securities held in a demat account, To pledge the securities held in a demat account, To rematerialize the securities held in a demat account.

A Beneficial Owner is the person who have opened the demat account with CDSC through a registered DP in order to deposit their securities or instruments which are capable of being deposited in demat form.
Rematerialization is the process of converting securities held in a demat account in electronic form back in physical certificate form.
 A Beneficial Owner is the person who have opened the demat account with CDSC through a registered DP in order to deposit their securities or instruments which are capable of being deposited in demat form.

A Depository Participant is an agent of the depository who has received the registration certificate from the Security Board of Nepal and the membership license from CDSC. To be an authorized DP, the DP has to comply following eligibility criteria: Shall be a Bank or Financial Institution, Stock Broker, Registrar and Transfer Agent, custodian or such other entity as may be prescribed by the Board from time to time, Shall have minimum net worth of rupees ten million, Have not been black listed by Credit Information Bureau.
BOID is a unique 16 digit identification number given to BO which is generated only when BO opens the demat account in CDSC through an authorized DP. BOID must be mentioned in all future transactions. BOID cannot be duplicate. It means two BOs cannot have same BOID which replicates that the securities cannot be transferred into the wrong account.

DP provides the following services to the investors: To open the demat account, Dematerialization of securities, Rematerialization of securities, To maintain record of securities in the electronic form, Settlement trades by transferring/receiving the securities from/in BO accounts, Settlement of off-market trades that is occurred between BOs outside NEPSE, To provide electronic credit of securities allotted by issuers during IPOs, To deposit the non financial corporate benefits (such as: bonus, right shares, etc.) issued by issuers in the demat account of BOs, To facilitate in pledging of dematerialized securities.

As mentioned in the Securities’ Central Depository Services Regulation, 2067, the issuers have to admit their securities with the depository and the BOs have to dematerialize their holdings for transacting in the capital market. Hence, dematerialization is mandatory.
Any securities that are held in an individual’s ownership can only be converted in electronic form. Besides, those securities should be compulsorily registered for dematerialization with CDSC.

 It will take 10 working days after the submission of application form along with physical certificates to complete the dematerialization process. If it is not completed within the prescribed time period, a BO has to consult with DP or CDSC.

The selling procedure for demat securities is similar to the selling procedure for physical securities in the trading floor of NEPSE. The process of transfer of demat holdings is more simple and easy compared to physical securities. A seller has to give an instruction to his/her DP to transfer the securities directly into the Clearing House or the Clearing Account of Stock Brokers once the selling information is received from the broker. The same procedure should be completed within T+3 working days. Likewise, a buyer can give the standing instruction to the DP to credit his/her account in order to receive the purchased securities. Such instruction can be given at the time of opening demat account or after opening the demat account. Else, s/he can give the instruction for each transaction.

T+3 signify the time period for the settlement of transactions traded in NEPSE. It denotes that settlement should be done within 3 working days of the transaction.