Security Services Products

This service is offered in combination of a loan facility arrangement & involves in maintaining and administrating various account types including project/cash accounts, reserve and expense accounts.

ESCROW is a deposit of an asset with an independent Escrow Agent to facilitate the completion of a contractual agreement between two or more parties to a transaction.

Custody & Clearing services include a range of “back office services” for clients investments in securities. The core services offered include

• Opening client‟s Securities accounts at the CDS
• Safekeeping of securities
• Settlement of securities
• Corporate Actions (tracking, notification and acting on corporate action instructions of client).
• Income and dividend collection
• Proxy Voting (in accordance with clients instructions)
• Reporting: Trade portfolio reporting (Statement of holdings, transactions reporting, MIS reporting) and other customized reporting as agreed with the client.
• FX conversion on clients behalf
• Providing information to client‟s agents (e.g. chartered accountants/tax agents)

The ancillary service offerings which are offered selectively include:

• Market Information communication (Newsflashes, Securities Market Report, etc.)
• The securities include equity, debt, warrants, rights, units (e.g. mutual fund). The same may either be in physical form or may be scripless.
• Clients may contract directly with Standard Chartered Banks individual branches/subsidiaries or they may choose to appoint a single SCB
• Branch/subsidiary as a “Hub” which in turn appoints sub-custodians in the various markets in which the client invests in.