Global custody

Global custody Contact us Global custody
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We provide clients in Denmark, Finland, Norway and Sweden with global custody services, i.e. clearing, settlement and safekeeping of domestic and foreign securities. Global custody services are primarily targeted at corporations, municipalities, asset managers and pension funds. For global securities, we provide services in all major financial markets in the world. Every market is reviewed on a regular basis to ensure the best quality of service for our clients.

We offer you extensive services related to global securities, including the following:

Account opening 

In accordance with the legal requirements in each Nordic market, a custody account needs to be opened to support clearing, settlement and safekeeping of global securities. Each custody account must be linked to a Nordea cash account.

Settlements 

Every global market has its own settlement cycle and cut-off times, which differ according to local market practice. All communication is handled via SWIFT standard to ensure smooth and timely clearing and settlement.

Income collection and taxation 

We credit dividends, loan interest and final redemptions to clients’ accounts according to the information received from the local sub-custodians. We offer our clients tax reclaim services for several countries via a separate agreement.

Corporate actions 

There are various types of corporate action that may occur with global securities, including rights offerings, offers to redeem, changes in nominal value, spin-offs, splits, reverse splits and name changes.

Reporting 

Clients can monitor transactions and holdings in real time through our online service e-Custody, accessible via Corporate Netbank. Depending on the market, standard reports can also be provided by fax, post and email.

For clients that are SWIFT-compliant, we can also provide settlement and corporate action reporting via the SWIFT standard. 

Contact us
Denmark

Hermes Hus
Helgeshøj Allé 33
Høje Taastrup
DK-2630 Taastrup
Denmark

Email: moc.aedron@kd.selas.ydotsuc

Finland

Aleksis Kiven katu 3-5, VC210
FI-00020 NORDEA, Helsinki
Finland

Email: moc.aedron@if.selas.ydotsuc
Norway

Essensdrops gate 7
NO-0368 Oslo
Norway

Email: moc.aedron@on.selas.ydotsuc

Sweden

Regeringsgatan 42
SE-10571 Stockholm
Sweden

Email: moc.aedron@es.selas.ydotsuc