Product Profile

When institution clients make securities investment, the cooperative securities firms of CMB provide securities exchange, stock administration, and clearing services. CMB is responsible for managing the settlement account for the transactional funds of institution clients and providing the transactional funds deposit and withdrawal services.

As an independent third party, CMB supervises the detail account of transactional settlement funds and check the balance of transactional settlement funds with the detail account in order to supervise the securities firms and ensures the fund safety of financial institutions clients

Product Advantages

ü          fully closed bank-stock transfer ensures the safety of fund deposit and withdrawal.

ü          Mature technology and easy operation, supporting dual trading modes: desk and on-line banking.

ü          Quality service jointly provided by the best commercial bank in China and excellent securities firms. CMB has cooperated with nearly 100 securities firms to provide third party custody services.

Service Flow

(1) Authorized agent of financial institutions opens the account at the node of cooperative securities firms and appoints CMB as the custody bank.

(2) Authorized agent of financial institutions signs the agreement with CMB and deploys the third party custody business.

(3) After the account opened successfully, financial institutions can conduct the funds transfer via bank counters, on-line banking, or securities firms’ counters.