Dos and don'ts

DELIVERY Instruction Slips (DIS) are to be treated like cheque-books issued by banks. Depository account-holders need to take the following precautions to prevent misuse of these slips.

*Ensure and insist that the DP issues the DIS book; loose slips should not be accepted.

*Ensure that each form is serially numbered (pre-printed)

*Ensure that the DP has recorded the DIS book number issued.

*Ensure that your account number (client ID) is pre-printed

*All details and target account should be filled in by the account-holder.

*If only one or a few entries are made in the instruction slip, strike out the remaining space to prevent its misuse by anyone.

*Do not leave a signed blank DIS with anyone.

*Keep the DIS book under lock and key, like a cheque book.

*If your account is a joint account, all the joint holders have to sign the instruction slips. Instructions cannot be executed if all joint holders have not signed.

Source: Edited extracts from `NEST Update' published by the National Securities Depository Ltd.