Account Bank Arrangement
This service is offered in combination of a loan facility arrangement & involves in maintaining and administrating various account types including project/cash accounts, reserve and expense accounts.
ESCROW

ESCROW is a deposit of an asset with an independent Escrow Agent to facilitate the completion of a contractual agreement between two or more parties to a transaction.

Custody & Clearing

Custody & Clearing services include a range of “back office services” for clients investments in securities. The core services offered include
  • Opening client‟s Securities accounts at the CDS

  • Safekeeping of securities

  • Settlement of securities

  • Corporate Actions (tracking, notification and acting on corporate action instructions of client).

  • Income and dividend collection

  • Proxy Voting (in accordance with clients instructions)

  • Reporting: Trade portfolio reporting (Statement of holdings, transactions reporting, MIS reporting) and other customized reporting as agreed with the client.

  • FX conversion on clients behalf

  • Providing information to client‟s agents (e.g. chartered accountants/tax agents)
The ancillary service offerings which are offered selectively include:
  • Market Information communication (Newsflashes, Securities Market Report, etc.)

  • The securities include equity, debt, warrants, rights, units (e.g. mutual fund). The same may either be in physical form or may be scripless.

  • Clients may contract directly with Standard Charted Banks individual branches/subsidiaries or they may choose to appoint a single SCB

  • Branch/subsidiary as a “Hub” which in turn appoints sub-custodians in the various markets in which the client invests in.

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Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.

Disclaimer

Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.

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