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Custodial Services

CUSTODY, CLEARING AND SETTLEMENT SERVICES

YES BANK offers knowledge driven investment solutions in capital markets in India to its corporate clients. Over the years, the bank has emerged as a preferred banking partner for both private and public; large and medium enterprises in India, as well as subsidiaries of multinational companies in the country.

Be it investments in capital markets or safekeeping and record keeping, with the launch of Custodial Services, the bank now offers end to end investment management solutions, providing a hassle-free experience. Custody Services is one of the major focus areas of operations for YES BANK and is a key product offering for domestic and international institutions, corporate and high net-worth individuals. 

YES BANK’s Custodial Services Offerings include:

  1. Custody, Clearing and Settlement Services

  2. Exchange Traded Derivatives Clearing Services

  3. Depository Services

  4. Fund Accounting

  5. Multi-currency Forex Services

  6. Reporting, Market News & Updates

 

Some Key Features of Custody Offering

Trade Servicing

  • Trade processing and settlement

  • Robust operating system & controls

  • Straight through processing of transaction

  • Settlement receipt and delivery of funds and securities

  • Swift ISO ISO15022 reporting

Asset Servicing

  • Fund Accounting

  • Safekeeping of Securities

  • Corporate actions

  • Investment reporting

  • Multiple time zone support

  • Regulatory support and reporting

Value Added Services

  • Mauritius Partner Bank Arrangement

  • Foreign exchange support

  • Proxy services across India

  • Limit monitoring

  • E-voting

  • Valuation of portfolio

  • Daily reconciliation - Cash & Securities balances

Client Servicing & Market Development

  • One point dedicated account manager

  • Regular market updates and broadcast

  • Online portal for real-time updates

  • Customized reports

  • Comprehensive service guide

 

OTHER SERVICE OFFERINGS:

Derivative Clearing Services

  • Efficient clearing and settlement of trades

  • Application and activation of Custodial Participant code on the exchange

  • Reporting daily position, trades, margin, MTM and position limits

  • Online monitoring and reporting of MTM, open positions and applicable margins

  • Same day FX – Mark to Market / initial margin

Forex Services

  • Multi-currency solution

  • Long term forward contracts

  • Dedicated dealing desk for booking of Cash, TOM, SPOT trades

  • Support in multiple time-zones

Depository Services

  • Immediate transfer of securities

  • Nomination facility

  • Fast track Demat Account Opening

  • Elimination of risks associated with physical certificates

Investment Services

  • Subscription to Initial Public Offerings (IPOs) through ASBA. YES Bank is a SCSB (Self Certified Syndicate Bank), empowered by SEBI and able to accept ASBA forms from its customers for all Book Building Public and Rights Issues

  • Support for subscription in Debt Issuances, Mutual Fund Units, Exchange Traded Funds

You can write to us at yescustodialservices@yesbank.in for any queries.

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