Custody
VTB Bank offers the following custody services to financial institutions:
- opening and managing deposit accounts
- holding in safekeeping and keeping inventory of uncertified securities such as Russian and foreign issuers’ stock
- performing transactions involving securities deposit accounts (securities settlement), including the delivery/receipt of securities versus payment (RVP/ DVP) and delivery/receipt free of payment (RFP/ DFP)
- performing services to help clients exercise their right to securities, such as collecting and transferring to the client any revenues from securities (dividends, coupons, etc)
- administering the issuer’s corporate actions on securities, registering the ensuing transactions with securities deposit accounts and informing the client of such actions
- blocking and unblocking securities
- registration of and accounting for securities' pledge operations
- acting as paying agent for corporate securities
- evaluating the client’s portfolio value
- regular reporting and other services.
