Credit

Clearstream can provide customers with collateralised credit facilities for the settlement and custody of securities. These services include two alternative financing arrangements:

  • Unconfirmed Funds Facility: An intraday financing facility that is available for settling securities transactions allowing the use, on a collateralised basis, of pre-advised incoming funds
  • Intraday Technical Overdraft Facility (iTOF) per account, or an Umbrella Credit and Collateral Services Facility (UCCS). for multiple accounts.