Stock Terms: What Is The Third Party Depository?

"Third party depository" refers to the securities company's clients' securities trading settlement funds, which are deposited in the depository of the banks. The depository banks are responsible for the access and delivery of the clients' funds in accordance with the laws and regulations.

The original customers who have handled the "silver pfer" business need to be supplementing a set of procedures if they want to turn into "third party depository management". If they are new households, the list of new accounts will be a little different.

Take the old household as an example, I need to carry an ID card, a shareholder card, a bank card (if it is a designated bank, if I don't know, I'll do one now), and fill out a list (the general securities will be there for you to fill in, mainly for me to sign), and it will be able to save a file.