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Objectives of the system

 1- To facilitate disbursement of shareholders returns in the most easy means at the lowest cost to encourage them to deal in stocks.

 2- Provide complete protection for shareholders and insure reception of their returns.

 3- Reduce the risk that may face shareholder when they receive entitlements.

 Advantages of the system

 1-insure accomplishment of payment process in its declared scheduled times.

2- Direct payments for shareholder through participants banks in the system of returns disbursements, through direct transfer to personal accounts or through delivery to clients address (city bank service)

 3- Possibility of paying more than one coupon at a time for more than one financial instrument.

4- MCSD Clearing Company will not receive any charges for payment thus reducing the financial load suffered by clients.

 5- Simplicity and swiftness of payment process aided by the extension of the geographical network through out the republic.

 6- Guarantee of shareholders rights who didn’t receive their entitlement up to five years from the commencement of payments.

 Methods of payment

 First: cash payment

 The shareholder or his proxy (Entity/Person) will proceed to one of the branches of the banks, which are effecting payment to complete payment process within 3 to 5 minutes at most.

 Documents required for cash payment

 In case of direct payment to the shareholder

 Identity card

 In case payment through proxy: -

 Proxy (General or private)

 Identity of the proxy

 Identity of commissioned person

 In case of payment to minors:-

 1- Family card showing offspring and their birth dates.

 2- Identity card or passport + minor birth certificates

 Second :payment through transfer and draft cheques:

 Shareholder will fill a certain form specifying where his entitlement will be transferred to,(brokerage company, accounting firm or a bank)

 Methods of transfer:-

 1- Transfer of the coupon value to the beneficiary to any bank inside or outside the republic.

 2- Issue of draft to the companies and legal entities.

 3- Cash payment (maximum 10.000Le/Cheques)in the place designated by the beneficiary.

 {To subscript in this service proceed to the branches of the company in Cairo, Alex or city bank garden city branch}. Required documents

 Documents required for transfer of payment:-

 In case of transferring on the account:-

 1- Identity card

 2- Fill the form specified by MCSD

 In case of authorizing another person:-

 1- Proxy (General or private)

 2- Identity of the proxy

 3- Fill a certain form specified by MCSD which is an Acknowledgment to the proxy wishing to transfer the Coupons value to his proxy