safe custody account definition
safe custody account means a securities account managed by an ICSD, CSD or NCB on which credit institutions can place securities eligible for Eurosystem credit operations;
safe custody account means a third party client asset account in which physical client financial instruments are lodged for safe-keeping;
safe custody account means an account used for the safeguarding of client assets held by an investment firm on behalf of clients;
More Definitions of safe custody account
safe custody account means any account maintained by the Customer pursuant to this Agreement for the safe-keeping and/or deposit of the Securities.
safe custody account means a third party client asset account in which physical client financial instruments are lodged for safekeeping;
safe custody account means an account for the safe-keeping of securities, including the collection of interests, dividends, yields or installments and other related services;