What is the management bank?

Custodian Bank is a financial institution that is responsible for holding and maintaining various assets of the investment company. Assets may include any type of security, including shares or bonds, as well as assets such as jewelry or other valuables. Banks of this type provide services to investors and groups of angel investors and even individual investors.

Sometimes it is simply referred to as a depository, the basic responsibility of the administrator bank is to receive and maintain the safe investor. This includes supplies and bonds. The bank always maintains the ability to provide access to these assets to the investor and also develop the accounting of the current state of these assets in terms of their value.

Along with asset storage, the depository bank also helps in the purchase and sale of assets on behalf of the investor. This may include ensuring that all assets purchased are properly accepted, registered under the terms of the investor's account. At the same time he is administratorThe bank helps the new owner when the investor decides to sell securities or one of the other types of assets that are entrusted to the bank.

Since the work of the bank in custody may include the care and management of asset located worldwide, it is not uncommon for banks of this type to refer to as global administrators. The bank will often manage this type of international situation by using its own branches system or creating networks with other deposit banks that are in the same country as these assets. While the network of places can be connected, the custody process still includes the creation of a central data flow regarding the current status of each asset, a situation that allows the Easili assets to obtain documentation that provides detailed information about all the share of the Bank.

One special type of custody bank is known as Agent Bank or Sub-CustodIAND Bank. This designation is usually associated with bank functions in the United States. In this scenario, the sub-custodian bank is a financial institution located outside the borders of the United States or its territories. Their function is particularly important in terms of US deposit or ADR.

The agent's bank will organize a specified number of shares of shares that correspond to ADR trading on the domestic stock market. This process allows ADR to maintain a price that is considered to be a convention according to US standards, although the prices of shares held by sub-consumerian would not be the same if they were transferred directly to the current exchange rate. This helps to maintain a simple trading process when it comes to international assets, and cheers considered to be one of the more important functions of the management bank in terms of the management of any type of security that can be traded on the market.