Due to system updates, several of the bank’s services will be of-line in the following hours:

- the Internet and Mobile Banking services will be unavailable on 14th June 2019, between 23:30 – 05:30 (total duration: 6 hours)

- international payments through Internet Banking, Mobile Banking and Alo 24 will be unavailable on 15th June 2019, between 07:00 - 15:00 (total duration: 8 hours)

Custody services

Custody of financial instruments traded on the local market/foreign markets. What supports the idea of choosing BCR as a custodian?

  • Extended network of units
  • Promptness in responding to customer requirements
  • Simplified documentation in managing custody accounts
  • Detailed working instructions
  • Support in solving operational issues
  • Specialized staff with experience in the custody activity, selected in a manner that supports the maintaining of performant organization, based on knowledge and the creation of added value for the company, its partners and customers

Features

Banca Comerciala Română is authorized by the Financial Supervisory Authority as an intermediary providing financial investment services (custody and management of financial instruments) through the CNVM certificate no. 369/26.05.2006 and is registered with the FSA under no. PJR01INCR/400007 of 26.05.2006.

The quality of custodian services provided by BCR has been acknowledged by the prestigious magazine “Global Custodian”:

The custodian services offered by BCR include:

  • The opening of safe-keeping accounts for financial instruments individually for every Customer receiving custody services from BCR;
  • The safe keeping of financial instrument portfolios owned by Customers and under custody of BCR, traded both locally and on the international capital markets;
  • The reconciliation of instructions received from Customers with the counterparties involved in the settlement of the financial instruments;
  • The processing of settlement instructions for transactions with financial instruments which can be kept under custody;
  • The drafting and forwarding, to the Customer, of account statements / confirmations / reports / notices, according to the services agreements and applicable regulations;
  • The valuation of financial instruments within Customer portfolios;
  • The monitoring and processing of corporate events relating to financial instruments within Customer portfolios:
    • notices relating to decisions of the General Meeting of Shareholders;
    • collection of income (interests, premiums, dividends);
    • increasing/diminishing of the share capital;
    • distribution of free shares, preference rights;
    • any other corporate event with impact on shareholders;
  • The processing of payments relating to fees owed by Customers for the intermediation of transactions, as well as other payments, according to the instructions received;
  • The recovery of tax differential for income relating to holdings on external markets.

Important information

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Talk to a specialist

BCR – Financial Markets Division

Financial Institutions Department

Cristian PASCU

Head of Financial Institutions Department

Telefon: +40373.511.695

Paul MARINESCU

Securities services sales expert

Phone: +40373.510.631

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