What is the text messaging service “SMS”?

It is one of the electronic services provided by the SDC to investors via their mobile phones, through which the investor is informed of the completed trading transactions on their accounts with financial brokers, securities transfers between accounts, corporate actions, and ownership restrictions. Also SMS messages will be sent to the investor upon the issuance of an ownership notice or statement of account and when completing the procedures related to issuing the user name and password for the e-portfolio service.

FAQS Taxonomy
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