FAQ

To set up an account you need to contact Sales Team specialists

As duly executed Account Opening Documents received by Visor Capital JSC are subject to internal legal inspection, it takes no more than one business day to set up an account.

The following documents are required to set up an account:

Brokerage services without nominal holding means that Client account is opened in the Company's record-keeping system providing that Client already has an account with another nominal holder (e.g. custodian) Brokerage services with nominal holding provides for a Client to open an account with nominal holding in the Company's record-keeping system whereby Client assets are recorded.

Client account will be automatically deactivated in 6 months if there were no assets or no transactions took place within this period of time.

Please find the required forms below:

Please use the following file to learn more about tax rates:

There are withholding tax privileges for certain securities, e.g. Canadian securities providing that relevant form such as 'Application to decrease withholding tax rate' is filled-in. For this purpose broker shall submit information regarding client who is the holder of the securities pursuant to the requirements of the Depository.

Please learn more about Company tariffs for residents and non-residents below:

To calculate brokerage commission for a period, the exchange rate of foreign currency on a trade date is applied.

Stamp duties remain in force for the securities issued under the law of Ireland, Great Britain. Stamp duty rates depend on type and code of securities: from 0,5% to 1,5% of the securities volume calculated on the basis of market price or otherwise.

Sender of securities pays Stamp Duty for the trades settled in JSC "Central Securities Depository". Receiver of securities pays Stamp Duty for the trades settled in CREST.

Brokerage commission is calculated as a trade price and interest fee stipulated in the Brokerage Agreement.

To calculate nominal holding commission we use trade price or market price for each financial instrument and interest fee for nominal holding services stipulated in the Brokerage and nominal holding services agreement.

Visor Capital trades on the following markets: Kazakhstan, United Kingdom, United States, Canada , Germany, Uzbekistan, Kyrgyzstan, Russia, Ireland.

Custody account trading access is an ability to execute trades from CSD sub-account (custody account) opened on behalf of a Client on KASE Trading Platform. The ability implies ability of the broker to reflect buy or sell transactions from a Client custody account on the Stock Exchange. Reflected buy or sell trade only settles after it is confirmed by the company's custodian. In any other case, the trade fails. The process does not give broker capability to access account information or conduct operations to/from the account.

Client order is given by telephone, e-mail, Fax to Sales Team. Filled and signed Client Order Form must be submitted within three days from the date of transaction.

Minimum amount of investments by Individual Clients is 200,000.00-250,000.00 USD.

Conversion of shares to GDR's procedure:

• submit necessary documents to notify AFN/Regulator (list attached)
• provide instruction to the Broker. Conversion takes three - five days.

Conversion of GDR's to shares procedure:

• provide instruction to the Broker (attached). Conversion takes three-five days.

You can find all relevant forms for conversion procedure below:

Client receives a trade confirmation within 1 business day from the moment of trade.

Visor Capital JSC provides invoice on a monthly basis, before 20th of the month following after the reporting month.

Client needs to pay costs of  Visor Capital JSC during 5 working days from the date, when services confirming documents were submitted.

This means that your application is pending approval by our Sales department (usually it takes 1 business day to approve it). Once it is approved you will receive automatic Registration Confirmation. This confirmation includes your login and password. If you do not receive such Registration Confirmation email in next 2 days, this means that your registration application has not been approved (in this case you will need to contact a Sales Department specialist or send an enquiry to info@visocap.com).

*Note: Registration and full access to all our research materials are only intended to clients of Visor Capital.

To sign up for Visor Capital Daily Update reports and other research products you need to fill in registration form on our web-site www.visocap.com. Your register application will be reviewed by our Sales department, and you will be included into Daily Update distribution list if you are one of our clients or if you are interested in expanding your collaboration with Visor Capital in the future.

If you wish to stop receiving Daily Updates, please send us email to: research@visocap.com with the request to unsubscribe from Daily Updates. The email shall contain the following information: your first name and last name, company name, and email address that you used to subscribe for Daily Updates.