About this document

Sample Custodial Trust Agreement by Mich Angeles is a document available to read on EtoBox.

The document is a sample custodial trust agreement between a public depository bank and a custodian bank. It outlines the roles and responsibilities of each party with regards to collateral held by the custodian bank on behalf of the public depository bank. Key points include: the public depository bank will transfer eligible collateral to the custodian to secure public deposits, the custodian will hold the collateral and distribute interest payments but not sell the collateral without instruction, and the

Author

Mich Angeles

Language

EN