Sagicor Account Type

Sagicor offers a variety of account types tailored to meet the needs of different investors. The main types of accounts available are:

• Individual SIMA Account: Designed for individual investors looking to maximize their investments. This account allows for the buying and selling of securities such as stocks, bonds, and commodities while earning on money market balances.

• Joint SIMA Account: Ideal for groups of individuals who wish to invest together. This account facilitates shared investment transactions and management.

• Business SIMA Account: Tailored for corporate entities, this account allows businesses to manage their investments effectively, combining brokerage, money market, and custody services.

These accounts provide comprehensive investment portfolios and online access to view investments, performance reports, and transaction history.

Sagicor Broker Account Opening Process

Opening a Sagicor broker account is a straightforward process that can be completed in a few steps:

• Choose Account Type: Decide which type of SIMA account you would like to open (Individual, Joint, or Business).

• Complete the Application Form: Fill out the appropriate account opening form based on your chosen account type:

• Individual SIMA Account Form
• Joint SIMA Account Form
• Business SIMA Account Form

• Submit Required Documentation: Provide the necessary identification and proof of address documents as specified in the application form.

• Review and Approval: Once submitted, Sagicor will review your application. Upon approval, you will receive confirmation and access to your account.

• Fund Your Account: After approval, you can fund your account and start investing.

For more detailed information on the account opening process, visit the Sagicor website.