Custodian Bank
Financial institution, Branch (banking), ATM
Herausgegeben: Trev, Nuadha
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. A Custodian bank, or simply custodian, is a specialized financial institution responsible for safeguarding a firm's or individual's financial assets and is not likely to engage in "traditional" commercial or consumer/retail banking such as mortgage or personal lending, branch banking, personal accounts, ATMs and so forth. Custodian banks are often referred to as global custodians if they safekeep assets for their clients in multiple jurisdictions around the world, usi...
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. A Custodian bank, or simply custodian, is a specialized financial institution responsible for safeguarding a firm's or individual's financial assets and is not likely to engage in "traditional" commercial or consumer/retail banking such as mortgage or personal lending, branch banking, personal accounts, ATMs and so forth. Custodian banks are often referred to as global custodians if they safekeep assets for their clients in multiple jurisdictions around the world, using their own local branches or other local custodian banks with which they contract to be in their "global network" in each market to hold accounts for their respective clients.
