NDC provides its clients with depository services and services for securities recordkeeping and transfer of ownership rights by opening and managing securities accounts, handling account operations as well as confirming ownership rights and informing clients about account balances and all operations carried out on their accounts.

In order to provide the above services NDC can:

• Open securities ownership accounts to maintain records of securities owned by the account holder;
• Open nominee holders’ accounts to maintain records of securities owned by the account holder’s clients;
• Open trustee accounts to maintain records of securities held in fiduciary management by account holder;
• Open sub-accounts for segregated securities safekeeping;
• Deposit securities;
• Withdraw securities;
• Transfer securities within one main account and between different securities accounts;
• Register pledge/ release of securities;
• Provide reports on requests for information;
• Confirm ownership rights of securities held in a securities accounts.

Printed version