What does NBDB mean in BANKING
National Bank Direct Brokerage (NBDB) is an online brokerage service offered by National Bank of Canada. It allows customers to conveniently trade stocks and other securities in the markets.
NBDB meaning in Banking in Business
NBDB mostly used in an acronym Banking in Category Business that means National Bank Direct Brokerage
Shorthand: NBDB,
Full Form: National Bank Direct Brokerage
For more information of "National Bank Direct Brokerage", see the section below.
Essential Questions and Answers on National Bank Direct Brokerage in "BUSINESS»BANKING"
What types of accounts can I open with NBDB?
With National Bank Direct Brokerage, you can open a variety of accounts including non-registered accounts, TFSA, RRSPs, RESPs, LIRAs, LIFs and corporations.
What types of investments can I make through NBDB?
You can make a wide range of investments including stocks, ETFs, GICs and mutual funds.
Are there any fees associated with using NBDB?
Yes — customers may be charged trading fees and other commissions when using NBDB for their investments. There are also annual fees for some account types such as RRSPs and RESPs.
Final Words:
National Bank Direct Brokerage (NBDB) offers Canadian investors an easy way to access the markets through its online platform. Customers can open a variety of different accounts to meet their individual needs and choose from a range of investment products, although there may be some associated fees as well.