Clearstream Offers Settlement And Custody For Croatian Securities Via Erste Bank

Clearstream customers can now settle domestic free of payment transactions in all type of Croatian securities with counterparties of the Croatian CSD Sredisnja Depozitarna Agencija (SDA) via Erste Bank. There are 37 brokerage houses in Croatia, 16 money market participants

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Clearstream customers can now settle domestic free of payment transactions in all type of Croatian securities with counterparties of the Croatian CSD Sredisnja Depozitarna Agencija (SDA) via Erste Bank.

There are 37 brokerage houses in Croatia, 16 money market participants and 11 custodian banks.

Clearstream’s internal instructions via this new link can be settled ‘Free of Payment’ (FoP) as well as against payment (DvP), but Bridge transactions are excluded from the service.

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