Definition

The holders of debt securities in scrip form would like to change  to the scripless form by depositing the securities with the Thailand Securities Depository Ltd. (TSD)

Benefits

1. To facilitate the trading of debt securities in both delivery and payment.

2. To eliminate the problems of securities keeping in terms of place, safety and  finding.

3. To eliminate the problems of lost, damaged or counterfeit securities.

4. To help the government reduce the cost of issuing scrip securities.

Procedures

1. The holder contacts the member of  TSD (participant) in order to open a security account.

2. The holder submits a deposit request form along with a certificate of debt security to TSD participant that he/she has a security account with.

3. The holder can request information about his/her deposited security by contacting  the TSD participant  that he/she has a security account with.

Expenses

1. The holders may have to pay a fee to the TSD participant.

2. TSD participant has to pay a fee to the BOT at the rate of 10 Bath per transaction (in a case of deposit via the Bank of Thailand only).