Custody services and registry keeping
ARARATBANK provides custody and registry keeping services of securities and carries out mediation services of the Central Depository.
Find out about ARARATBANK’s procedure on mediation services of Central Depository of the Republic of Armenia here.
Find out about ARARATBANK’s rates of mediation services of Central Depository of the Republic of Armenia here.
ARARATBANK OJSC, acting as an account operator of the Central Depository of the Republic of Armenia, provides the following services to its customers.
ARARATBANK offers registry keeping services to Issuers of nominal non-documentary securities through collecting, storing and providing information on registered owners and securities held by them. All transactions with equity, debt and other financial instruments subject to registry are recorded through a unified automated system. Issuers are provided with information on the owners of securities recorded in the registry and transactions made with issued securities.
ARARATBANK offers registration of the issued and placed securities in the securities accounts of the investors. Issuers have the opportunity to register the results of their corporate actions in CDA through the mediation of ARARATBANK, including reorganization, acquisition of any class of securities, conversion, buyback, split, consolidation, etc.
Within the framework of securities custody, ARARATBANK offers the following services:
- Maintaining securities accounts of account holders including opening, revision, maintenance and closing of accounts;
- Registering transfer and pledge/termination of pledge of securities;
- Providing account holders with statements and other necessary reports.
|Intra-custodial||Inter-custodial||As a result of brokerage transaction|
|Securities account opening||AMD 1,000|
|Securities account servicing||free|
|Deposit of securities with clients’ securities accounts||free|
Transfer of securities
|Transfer of foreign securities||free||AMD 10,000||free|
|Transfer of corporate securities||free||according to fees for services rendered by AraratBank OJSC as an Account Operator||according to fees for services rendered by AraratBank OJSC as an Account Operator|
Blocking and pledge of securities
|Blocking/pledge of foreign securities||free||free||free|
|Blocking/pledge of corporate securities||free||according to fees for services rendered by AraratBank as an Account Operator||according to fees for services rendered by AraratBank as an Account Operator|
|Blocking of securities for trading||free||free||free|
Unblocking and termination of pledge
|Unblocking/ termination of pledge of corporate securities||free||free||free|
|Unblocking/ termination of pledge of foreign securities||free||according to fees for services provided by AraratBank as an Account Operator||according to fees for services provided by AraratBank as an Account Operator|
|Unblocking/termination of pledge of trading securities||free||free||free|
|Provision of account statements and references||free|
|Re-registration of securities||free|
|Calculation and collection of income on securities||free|
|Submission of orders for government bond deals||AMD 500 per order|
• Handover act
• Reference on certificates
• Order on placement of securities
• Order on securities account opening (for individuals)
• Order on securities account opening (for legal persons)
• Order on acquisition of securities
• Order on transfer of securities
• Order on blocking of securities
• Order on unblocking of securities
• Order on conversion of securities
• Order on redemption of securities
• Order on cancellation of securities
• List of placed securities owners
Below are fee and sample documents for provision of custody and registry keeping services and mediation of services of Central Depository of Armenia by ARARATBANK:
ARARATBANK offers services on issued securities income payment such as dividends, coupon payments and payments related to securities maturity. The Bank mediates control of securities circulation and other restrictions and provision of notification to issuers on transfer and pledge of securities issued by them.
Page updated 29.12.2021 | 15:18
In case of discrepancy between Armenian and English versions of the information, the priority is given to the Armenian version.