Creation Link Guide - U.S.A.

13.01.2015

Key features

Yes/NoRemarks
Settlement free of paymentYes  
Settlement against paymentYesEligible settlement currency: U.S. Dollars (USD).
Bridge settlementYesSee "Settlement restrictions applying to US customers" in "specific settlement rules/settlement restrictions" under Settlement services.
Shaping facilityNo 
Partial settlementNo 
Settlement penalty feesYes 
Pre-matchingYes 
Back-to-back processingYes 
AllegementsYes 
Automatic compensationYesFor against payment transactions only.
Registered securitiesYes 
Multi Market SecuritiesYes 
Lending and borrowingYesDebt securities only.
Proxy votingYes 
Investment FundsYes 
Liquidity Hub ConnectNo 
Sale and purchase of rightsYes 
Repo servicesNo 
Market restrictionsYesSee under Bridge settlement.
FTTNo
FATCA GIINNoNo GIIN required for US entity.
MiscellaneousYesSafekeeping of US restricted securities - Securities Payment Order (SPOs).
Type of linkCSD or settlement method
Indirect link Citibank N.A., New York (hereinafter referred to as Citibank)DTC and Fedwire Securities Services