Logo
Community Submit a request
Sign in

Welcome to our Help Center!

Do you have any questions? Browse through our FAQs below and post your own questions for Support.

Connecting Corporate and Institutional Depositors with banks through an Online Platform Learn more

  1. DepositBook Customer Support
  2. Depositor
  3. Trust and Deposit Placement Arrangement

Trust and Deposit Placement Arrangement

Follow New articles New articles and comments
  • Which Custodian entity opens the account with the Partner Bank?
  • Where are the Client Monies accounts held by Meteor Asset Management?
  • What is the regulatory oversight to the process of placing Client Monies with the Custodian?
  • Is there a separate Client Monies account held for each Depositor? If not, how do you ensure the funds are not inter-mingled with other Depositors?
  • How are the funds deposited protected from any insolvency risk of the Custodian.
  • What will the Partner Bank do in case the Custodian is insolvent?
  • What is a Bare Trust?
  • If the Depositor is the Beneficial owner of the Funds and the Custodian is the Trustee, how is this relationship defined?
  • What happens if the bank holding the Client Monies becomes insolvent?
  • Where are the deposit funds transferred to on Maturity? Is this sent back to same account from where the funds were first deposited by the Custodian? Is there any way Settlement Instructions can be changed by the Custodian?
  • How does the Custodian manage settlement risk in case of a delay in transmission of funds by the Custodian/Custodian’s bank?

DepositBook Limited (FRN: 921564) is an Appointed Representative of Resolution Compliance Limited which is authorised and regulated by the Financial Conduct Authority (FRN: 574048)

Copyright © DepositBook Customer Support . All Rights Reserved.

Powered by Zendesk