Foreign market custody service
Custody of securities issued on foreign markets through correspondent depositories.
The service enables local investors to acquire and hold securities issued on foreign markets through the NDC. The NDC establishes correspondent relations with foreign depositories and records clients’ assets in accounts opened with those depositories.
What the service includes
- Recording and safekeeping of foreign securities;
- Organising settlement of transactions concluded on foreign markets;
- Informing clients about corporate actions and enabling their participation;
- Receiving dividend and coupon payments and passing them on to the client;
- Supporting documentation for tax withholding.
The NDC cooperates with the central depositories of Türkiye, Korea, Russia and Kazakhstan. It is advisable to confirm the availability of the service for a specific market with the NDC.