Depository and settlement services for customer's securities transactions.
Features
Settlement of customer's securities transactions.
Storage of customer's securities.
Processing of corporate actions on the customer's securities portfolio.
Distribution of Customer's income on the Customer's securities portfolio.
Representing the Customer in the General Meeting of Shareholders (GMS).
Assisting the conversion of securities from certificate form to electronic form.
Tax payment to the State treasury.
Benefits
Custodian Bank provides securities transaction settlement services and safe and reliable storage of securities owned by the Customer.
Assist the Customer in administrative activities related to the Customer's securities portfolio.
As a commercial bank, the Customer can open a current account at the Custodian Bank to be able to receive income on the Customer's investment in securities on the same day.
The Custodian Bank clearly separates the Customer's assets from the Bank's assets as stipulated in the applicable regulations.
Fees
Securities Storage Fee:
0.10% to 0.25% of the value of securities (based on the complexity and risk level of securities)
Securities transaction settlement fee:
IDR200,000 to IDR500,000 per securities transaction.
Requirements
Open a Maybank Giro account at the nearest Maybank branch by filling out the form to facilitate the settlement of securities transactions.
The customer must sign a contract/agreement with Maybank Custodian Bank which contains the duties and responsibilities of the customer and the Custodian Bank.
Customer must pay for Custodian Bank services as billed by the Custodian Bank.
Supporting Document Submission
Complete the application for opening a Maybank Giro account at a Maybank Branch.