Securities
Services
·
Safekeeping
and settlement
Primary services offered where BRAC Bank will be
responsible for maintaining the safety of custody assets held in physical form
at the custodian’s premises.
·
Reporting
and recordkeeping
Recordkeeping services to meet the customers’
specialized needs and comply with applicable recordkeeping and reporting laws
and regulations. BRAC Bank will generate customized customer reports.
·
Cash
Management
Cash management is a service provided to customers
involving moving, managing and monitoring cash positions associated with
securities transactions. Services provided include investment of excess cash,
online review of cash balances and projections.
·
Income
collection
Collecting income payments received from the assets
held under custody. The income payments typically take the form of dividends
and informing customers of projected income payments, enabling them to make
their cash productive as soon as possible.
·
Corporate
actions
Monitoring corporate actions for the securities held
under custody and notifying customers of such events.
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