Custody

As of December 24th 2008, Sparkasse Bank dd BiH has the license for performing securities custody businesses, issued by the Securities Committee FBiH.

Securities custody is a service we created for:

• Legal entities and individuals
• Residents and non-residents

Securities custody services are rendered through:

• Local Custody, implies custody services on home market
• Global Custody, implies custody services on foreign markets

Receive this service in only two steps:

• Send us the necessary documentation we will inform you about
• Sign a custody agreement with our bank

Services we offer to our clients:

• Opening and keeping of securities accounts;
• Proceeding according to instructions of clients regarding purchase and sale of securities;
• Securities safekeeping;
• Informing the client on payment of dividend and interest and on maturity of securities;
• Collection of income from securities and funds and disposal of it according to client's disposition only;
• Monitoring of all corporate securities-related actions;
• Informing on general assemblies of the emitter and on securities-related rights;
• Informing on legal changes directly or indirectly affecting the client's rights or his funds;
• Rendering services of voting on general assemblies;
• Authorized voting on yearly and extraordinary general assemblies of the emitter whose securities are subject to custody, and voting according to client's disposition;
• Regular monthly reporting on the situation and on changes regarding the client's custody account.

Global advantages of using the service Keeping custody accounts:

• Approach to foreign securities markets, transaction payment and settlement in countries of Europe, America, Asia, Africa;
• Uniform contact for payment and settlement of securities transactions in both Bosnia Herzegovina and abroad;
• Less administrative problems – by signing only one contract with Sparkasse Bank dd BiH; Sparkasse Bank dd BiH opens for the client accounts on foreign markets;
• Avoidance of language barriers – all information on payments and settlements are arranged in Bosnian/Croatian/Serbian;
• Using all advantages of the custody network within the global bank group Erste Wien